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BNC National Bank Mortgage Review 2023

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At a glance

BNC National Bank

Editor's take

BNC National Bank is good for borrowers looking for a VA loan and competitive rates.

Bankrate Score
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4.3
Rating: 4.3 stars out of 5
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Bankrate Score

Customer Rating
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4.9
Rating: 4.9 stars out of 5

78 ratings

Mortgage Percent

Loans offered

Conventional, jumbo, FHA, VA, USDA, fixed-rate, adjustable-rate; rate-and-term and cash-out refinancing

Credit Good

Min. credit score required

620 for conventional loans

Location

Nationwide availability

Available in all U.S. states

Recent customer reviews

The customer reviews posted on Bankrate.com ("Bankrate") are individual, subjective opinions of reviewers, and not of Bankrate. Bankrate does not endorse any of the opinions expressed by reviewers or any responses to reviews. Bankrate cannot guarantee or verify the accuracy of the opinions shared by individual reviewers, and reserves the right to reject or remove any review, at any time, for any reason at Bankrate’s sole discretion, including but not limited to those that Bankrate deems inappropriate, fraudulent, invalid, irrelevant, or otherwise outside the parameters of the Bankrate Review Guidelines, the Privacy Policy, or the Terms of Use.

Rating: 5 stars out of 5

Great Service

Jim took time at the beginning and thoroughly went through my finances to make sure I knew exactly where I stood and what my options were. As the process went along I was informed on what the status was and what was next.

Very Through
Florida (Apr 4, 2023)

Rating: 5 stars out of 5

Jordan was perfect.

Our loan was a bit stressful with a recent job change, but Jordan and his team made it happen in the end. Jordan was easy to communicate with and made sure we were informed throughout the entire process. We had to move our closing up and they handled it with ease. 10/10

Joe E
Cleveland, GA  (Apr 3, 2023)

At a glance

BNC National Bank

4.3

Rating: 4.3 stars out of 5
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Bankrate Score

Mortgage Percent

Loans offered

Conventional, jumbo, FHA, VA, USDA, fixed-rate, adjustable-rate; rate-and-term and cash-out refinancing

Location

Nationwide Availability

Available in all U.S. states

Credit Good

Min. credit score required

620 for conventional loans

BNC National Bank overview

BNC National Bank has been providing mortgages for 30 years, funding over $2.9 billion in mortgages in 2020. While the bank offers an online and consumer-direct lending experience, it also has branch locations in Arizona, Illinois, Kansas and North Dakota. The bank offers a wide range of loan programs but specializes in serving veterans with VA loans, with more than 50 percent of its business coming from the sector. You can obtain a preapproval instantly online via an automated system (provided you qualify), and the bank can close new purchases in less than 30 days.

Pros and cons

Pros
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    Specializes in VA loans

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    Will use manual underwriting to work with borrowers who have less-established credit histories

Cons
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    No e-closing option available

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    Limited physical branch network

Our Editor’s Take on BNC National Bank

BNC National Bank is good for borrowers looking for a VA loan and competitive rates.

Breakdown of BNC National Bank overall score 

  • Affordability: A key benefit to working with BNC National Bank: It doesn’t charge fees on VA loans. To get a rate quote tailored to you, you’ll need to contact the bank directly.

  • Availability: The bank offers a wide range of loan products to borrowers nationwide.

  • Borrower experience: You’ll be able to complete much of the mortgage process online, but still have the option to consult with a loan officer when needed.

Methodology

To determine a mortgage lender’s Bankrate Score, Bankrate’s editorial team rates lenders on a scale of one to five stars based on a variety of factors relating to the lender’s products and services. Bankrate’s partners compensate us, but our opinions are our own, and partner relationships do not influence our reviews. Here is our full methodology.

Affordability: 3/5

You won’t be able to easily compare BNC National Bank’s mortgage rates via its website. You can request a custom quote, however, based on your loan amount, down payment, credit score and other information. The bank charges a $1,095 fee on most home loans, but there are no fees on VA loans, which make up a considerable portion of the bank’s business.

Availability: 5/5

Available to borrowers nationwide, BNC National Bank offers conventional and government-insured loans on both home purchases and refinances. While the bank does impose minimum credit standards, it might be able to employ manual underwriting to help you qualify for a loan without meeting those requirements. Notably, you might be able to get away with a debt-to-income (DTI) ratio as high as 60 percent on some types of loans.

Borrower experience: 4.6/5

BNC National Bank is accredited by the Better Business Bureau and has an A+ rating from the organization. The bank offers a lot of the electronic services that borrowers expect, including easy online preapproval, document uploading and application status tracking capabilities (closings require an in-person notary, however). The BNC website also includes a range of calculators to help you understand whether you should refinance, pay points and a number of other decisions in the home loan process.

For questions about a mortgage, you can contact the bank Monday through Friday, 8:30 a.m. to 5 p.m. CT. at 913-647-7000.

Refinancing with BNC National Bank 

You can refinance your mortgage with BNC National Bank. The bank typically moves from locking in a rate to closing in as little as 35 days.

Alternatives to BNC National Bank

BNC National Bank customer ratings and reviews

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4.9

Rating: 4.9 stars out of 5

78 ratings

Info

This lender has 15 reviews.

Knowledge
Rating: 4.9 stars out of 5
Level of service
Rating: 4.9 stars out of 5
Professionalism
Rating: 4.8 stars out of 5
Responsiveness
Rating: 4.9 stars out of 5
5 stars
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1 stars
96%
1%
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3%

97% of customers would recommend this lender.

of 15 reviews

The consumer reviews posted on Bankrate.com ("Bankrate") are individual, subjective opinions of reviewers, and not of Bankrate. Bankrate does not endorse any of the opinions expressed by reviewers or any responses to reviews.

Bankrate cannot guarantee or verify the accuracy of the opinions shared by individual reviewers, and reserves the right to reject or remove any review, at any time, for any reason at Bankrate’s sole discretion, including but not limited to those that Bankrate deems inappropriate, fraudulent, invalid, irrelevant, or otherwise outside the parameters of the Bankrate Review Guidelines, the Privacy Policy, or the Terms of Use.

To help serve you with relevant information, the consumer reviews shown below are limited to only those that this advertiser has received during the past 12 months.

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