BNC National Bank
NMLS 418467 BNC National Bank offers the security of a large organization while retaining the approachability and agility of a neighborhood bank. We offer Conventional, FHA, VA, USDA Rural Development and small farm loans at some of the most competitive rates in the industry!
I appreciated Kirk's high level of communication - we were never left wondering where we were in the process.
By: Karen A
Fast and efficient electronic documentation process. Fast and convenient appraisal process. At home closing.
By: Mark G
Kept me in the loop throughout the entire process and answered any questions I had thoroughly and promptly.
By: Samantha C
Shana was absolutely great to work with. She was extremely clear, thorough and patient as she guided my husband and I through the process. She was also very timely and worked hard to make sure everything was ready to go before closing.
We are lucky to have worked with Shana.
By: Jessi W
Karen is such a nice, personable person that it was a true pleasure to work with her.
She was right on top of all that had to be done, and she did it all with a smile. She
is very smart, and very good at her job. She is a credit to her Company. I would work with
her again in a minute. She a great asset to BNC Bank.
By: Robert W
Founded in 2001, BNC National Bank originally launched as BNC National Bank of Minnesota. In 2002, the company shortened its name to the current form, and it has since grown into a versatile lender with national reach. In 2017, the company originated 2,411 mortgage loans.
Overall, BNC National Bank Mortgage seems invested in the success of its clients and their community. One way the bank demonstrates this is by holding a first-time homebuyers’ class that goes over the lending process, taxes and other information critical to helping first-time homebuyers avoid costly mistakes.
BNC offers mortgages in all 50 states for single- and multi-family homes, manufactured homes, condos and townhouses. It has 10 branches with loan officers and may accept borrowers with credit scores as low as 520. Additionally, the lender works with borrowers who are self-employed, reviewing their K1s and tax returns to assess eligibility.
BNC offers a variety of mortgage and refinance products, including those listed below.
The bank also offers construction loans and HELOCs to bank customers within Arizona, Illinois, Kansas, Minnesota, Missouri, North Dakota and Michigan.
Each borrower is assigned to a loan officer, and each loan officer is paired with a processing team. Borrowers can communicate with their loan officer through phone, text or email. While the loan officer is generally involved in the entire process, members of the processing team may reach out to the borrower to request additional documents.
BNC National Bank Mortgage might be a good fit for some borrowers but could miss the mark for others. Here are some of the positives and negatives of getting a mortgage with BNC:
Editorial Note: Parts of this article were reviewed by a lender to ensure accuracy prior to publication. The overall conclusions, recommendations and opinions are the author’s alone.
The information in this article is accurate as of the date of publishing.