BNC National Bank Mortgage Review 2023

Good for: first-time home buyers and others seeking low-down-payment loan options.
By Phil Metzger 

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Our Take


NerdWallet rating 

The bottom line:

BNC National Bank offers a robust variety of loans, but you have to reach out to a loan officer to get customized interest rates.

BNC National Bank
Great for: digital convenience | customer service
Min. credit score
Min. down payment
Loan types and products
Purchase, Refinance, Home Equity, Jumbo, Fixed, Adjustable, FHA, VA, USDA
Learn more

at BNC National Bank

Pros & Cons


  • Offers a wide variety of loan types and products.
  • Has robust online capabilities, and an app for iOS and Android.
  • Mortgage interest rates are lower than typical, according to the latest data.


  • Has a limited number of physical mortgage offices.
  • No rate information is available without starting an application or speaking with a loan officer.
  • Doesn't offer home equity loans or lines of credit.

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Full Review

What borrowers say about BNC National Bank mortgage

NerdWallet’s lender star ratings assess objective qualities, including rates, fees and loan offerings. To assess borrowers’ subjective experiences with lenders, NerdWallet has gathered customer satisfaction ratings from Zillow.

  • BNC National Bank receives a customer rating of 4.71 out of 5 on Zillow, as of the date of publication. The score reflects more than 2,460 customer reviews.

BNC National Bank mortgage variety of loan types

  • 4 of 5 stars

Licensed in all 50 states, BNC Bank offers a wide variety of mortgage and refinance loan types and products, including jumbo loans and physician loans. The lender also offers government-backed VA, FHA and USDA loans.

BNC National Bank mortgage ease of application

  • 5 of 5 stars

BNC combines personal service with the convenience of digital capabilities such as online application and preapproval. On the bank's mortgage website, borrowers can start the application process by choosing between the "Home Purchase" and "Refinance" tabs on the home page. Submitting answers will lead to contact from a BNC loan officer. BNC may also consider borrowers with credit challenges.

BNC National Bank mortgage rates and fees

  • 4 of 5 stars

  • BNC National Bank earns 3 of 5 stars for average origination fee.

  • BNC National Bank earns 5 of 5 stars for average mortgage interest rates.

Borrowers should consider the balance between lender fees and mortgage rates. While it's not always the case, paying upfront fees can lower your mortgage interest rate. Some lenders will charge higher upfront fees to lower their advertised interest rate and make it more attractive. Some lenders just charge higher upfront fees.

BNC National Bank mortgage rate transparency

  • 1 of 5 stars

You won’t find rates displayed on BNC’s website. The only ways to get a customized rate quote are to complete the online application or contact the bank directly for pre-qualification.

Alternatives to BNC National Bank mortgage

Here are some comparable lenders we review that borrowers can consider. Carrington Mortgage Services offers options for borrowers with credit challenges, and Pennymac offers solutions for first-time home buyers.

Getting ready to buy a home? We’ll find you a highly rated lender in just a few minutes.

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More from NerdWallet:

at BNC National Bank


NerdWallet’s overall ratings for mortgage lenders are evaluated based on four major categories: variety of loan types (purchase, refinance, fixed and adjustable, for example), ease of application, rates and fees and rate transparency. Among the factors we consider when scoring these categories are options to apply for and track loans online, the level of detail about mortgage rates on lender websites and our analysis of the rates and fees lenders reported in the latest available Home Mortgage Disclosure Act data. These scores generate ratings from 1 star (poor) to 5 stars (excellent).