NBC National Bank Mortgage Review: Positive Customer Reviews, Wide Variety of Mortgages

NBC National Bank Mortgage Review: Positive Customer Reviews, Wide Variety of Mortgages

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NBC National Bank Mortgages

Types of loans offered

Compliance, FHA, VA, USDA, jumbo, specialty mortgages

BNC National Bank BNC National Bank Mortgages

NBC National Bank Mortgages

Types of loans offered

Compliance, FHA, VA, USDA, jumbo, specialty mortgages

On the BNC National Bank website

Types of loans offered

Compliance, FHA, VA, USDA, jumbo, specialty mortgages

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Overall Lender Rating

Advantages and disadvantages

Mortgage interest rates and fees BNC National Bank

BNC National Bank does not disclose its interest rates or loan fees online, making it difficult for borrowers to get an idea of ​​what they might pay without speaking to a loan officer or submitting their information for prior approval.

Some lenders post sample rates online and even provide tools for potential borrowers to see personalized rates based on their credit and the type of loan they want. Although the rates posted may not exactly match the rate you get, it can help you understand the range of rates offered by the lender.

Compare with other lenders

BNC National Bank vs. Chase

Chase is one of our favorite mortgage lenders, especially 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 a 3% down payment and reduced PMI costs.

If you need a more specialized type of mortgage, BNC National Bank might be a better option for you, as Chase’s offerings are fairly basic, while BNC offers specialty loans for unique situations.

BNC National Bank versus New American Funding

New American Funding is a good choice for FHA borrowers or borrowers without credit. Additionally, its I CAN mortgage allows borrowers to customize their mortgage with a loan term of between eight and 30 years.

Both of these lenders are solid options for borrowers looking for specialty lending options. It may be a good idea to get pre-approval from both lenders to see who can give you the best deal.

How NBC Mortgages Work National Bank

BNC Banque Nationale grants mortgage loans nationwide. Borrowers near one of its five physical branches in Arizona, Kansas, Illinois or North Dakota can start their mortgage application in person. Otherwise, you can start with this online lender.

BNC offers conforming, FHA, VA, USDA, jumbo, and specialty mortgages, including pre-engineered home loans.

To get a conforming mortgage from this lender, you’ll need a credit score of 620 and a down payment of at least 3% if you’re a first-time home buyer. If you are not a first-time home buyer, you will need to deposit at least 5%.

Is BNC Banque Nationale trustworthy?

BNC Banque Nationale currently has an A+ rating from the Better Business Bureau. The BBB rates companies by looking at responses to customer complaints, honesty in advertising and transparency in business practices. This lender has no recent public scandals.

On its Zillow lender profile, BNC National Bank has a rating of 4.71 out of 5 stars, based on 2,443 customer reviews.

NBC National Bank FAQs

BNC National Bank is an online direct mortgage lender that offers mortgages in all 50 states. It has branches in Arizona, Kansas, Illinois and North Dakota.

BNC National Bank does not disclose its mortgage rates online. To get an idea of ​​the types of rates offered by this lender, you will need to speak with a loan officer or submit a pre-approval request.

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