Our experts answer readers' home-buying questions and write unbiased product reviews (here's how we assess mortgages). In some cases, we receive a commission from our partners; however, our opinions are our own.
Overall lender rating
| Feature | Insider rating (out of 5) |
| Loan types | 4 |
| Affordability | 3.5 |
| Customer satisfaction | 4.71 |
| Trustworthiness | 5 |
| Total | 4.3 |
Pros and cons
| Pros | Cons |
|
|
BNC National Bank mortgage interest rates and fees
BNC National Bank doesn't disclose its interest rates or lender fees online, which makes it difficult for borrowers to get an idea of what they might pay without talking to a loan officer or submitting their information for preapproval.
Some lenders display sample rates online and even provide tools to let potential borrowers see customized rates based on their credit and the type of loan they want. Though the rates displayed might not end up being exactly the rate you get, it can help you understand the range of rates that lender offers.
Compare to other lenders
BNC National Bank vs. Chase
|
|
Types of mortgages Conforming, FHA, VA, USDA, jumbo, specialty loans | Types of mortgages Conforming, jumbo, FHA, VA, HELOC, Chase DreaMaker |
Standout feature Specialty mortgages | Standout feature DreaMaker mortgage |
| Get started | Get started |
Chase is one of our best mortgage lenders, particularly for low-income borrowers, thanks to its DreaMaker mortgage and down payment grants. With the Chase DreaMaker mortgage, eligible borrowers can get a mortgage with 3% down and reduced PMI costs.
If you're in need of a more niche mortgage type, BNC National Bank might be a better option for you, since Chase's offerings are fairly basic, while BNC offers some specialty loans for unique situations.
BNC National Bank vs. New American Funding
|
|
|
Types of mortgages Conforming, FHA, VA, USDA, jumbo, specialty loans | Types of mortgages Conforming, jumbo, FHA, VA, USDA, reverse, specialized mortgages |
Standout feature Specialty mortgages | Standout feature I CAN mortgage |
| Get started | Get started |
New American Funding is a good choice for FHA borrowers or borrowers with no credit. Plus, its I CAN mortgage lets borrowers customize their mortgage with a loan term that's anywhere between eight and 30 years.
Both of these lenders are solid options for borrowers looking for specialty loan options. It may be a good idea to get preapproved with both lenders to see who can offer you the best deal.
How BNC National Bank mortgages work
BNC National Bank originates mortgages nationwide. Borrowers near one of its five physical branch locations in Arizona, Kansas, Illinois, or North Dakota can start their mortgage application in person. Otherwise, you can get started with this lender online.
BNC offers conforming, FHA, VA, USDA, jumbo, and specialty mortgages, including manufactured home loans.
To get a conforming mortgage with this lender, you'll need a 620 credit score and a down payment of at least 3% if you're a first-time homebuyer. If you aren't a first-time homebuyer, you'll need to put down at least 5%.
Is BNC National Bank trustworthy?
BNC National Bank currently has an A+ rating from the Better Business Bureau. The BBB evaluates companies by looking at responses to customer complaints, honesty in advertising, and transparency about business practices. This lender doesn't have any recent public scandals.
On its Zillow lender profile, BNC National Bank has a 4.71 out of 5-star rating, based on 2,443 customer reviews.
BNC National Bank FAQ
BNC National Bank is a direct, online mortgage lender that offers mortgages in all 50 states. It has branches in Arizona, Kansas, Illinois, and North Dakota.
BNC National Bank doesn't disclose its mortgage rates online. To get an idea of the types of rates this lender offers, you'll need to talk to a loan officer or submit an application for preapproval.
BNC National Bank is a nationwide mortgage lender. In 2021, it originated $2.3 billion in loans, according to Home Mortgage Disclosure Act data.
Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Read our editorial standards.
Please note: While the offers mentioned above are accurate at the time of publication, they're subject to change at any time and may have changed, or may no longer be available.
**Enrollment required.