BNC National Bank Mortgage Review

About BNC National Bank

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!

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Interest Rates
Fees & Closing Cost
Customer Service

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What is BNC National Bank Mortgage?

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.

Working with BNC National Bank Mortgage

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 National Bank Mortgage products

BNC offers a variety of mortgage and refinance products, including those listed below.



Home equity

The bank also offers construction loans and HELOCs to bank customers within Arizona, Illinois, Kansas, Minnesota, Missouri, North Dakota and Michigan.

The mortgage application process

  • How to apply. BNC doesn’t just focus on online mortgage lending; it also has 10 branches in seven states for borrowers who want to take out a mortgage. The company has options on its website to apply online, once you register on the site. When applying online, you can choose from any of the listed loan officers or note that you aren’t working with any. Once the application is submitted, the borrower can instruct their loan officer to lock the rate for up to six months.
  • Disclosure process. Applicants typically receive disclosures and e-sign through the company’s online dashboard. However, they can also visit a branch to sign disclosures or receive them via fax. Once disclosures have been received and a property is chosen, the appraisal is ordered by the lender.
  • Submitting loan for approval. Once income and asset documents are uploaded to the application portal/dashboard, a loan officer and their assigned team verify the documents and the borrower’s eligibility. The loan officers and underwriters work at a central location in Overland Park, Kansas, where the closing staff is also located.
  • Closing. Closing can be done in the title office or with a notary at any location.

Communication during the process

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.

Pros and cons of a BNC National Bank Mortgage

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:


  • Branches in seven states. Branches can be found in Arizona, Illinois, Kansas, Minnesota, Missouri, Oregon and North Dakota.
  • The staff roster lists all mortgage loan officers. This gives borrowers the opportunity to read about a loan officer’s background and process before deciding which one to use.
  • Availability of graduated payment mortgages. This is a flexible option for homebuyers who might expect to have more money for mortgage payments in later years.


  • Specific information is hard to get. Everything on the site seems to push visitors to complete a series of questions that eventually brings them to a contact form. This is not ideal for borrowers looking to do their own research before engaging with a lender or those seeking a completely digital experience.
  • No digital financial account access. BNC does not have digital access to financial accounts, which means documents must be uploaded for underwriter approval.

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.