This bank is based out of Missouri. In fact, they have four brick and mortar banks in Kansas City, Liberty, Overland Park, and Leawood. Even though they are based out of Missouri, they offer mortgages nationwide. How do they match up to the online banks that are so popular? Let’s take a look through this thorough review.
Customer Service: 800 number and online chat form
What we like about it:
- Award Winning National Mortgage Company
- Real bank with real people to help you
- Check interest rates without entering any personal info
- Get pre-qualified for a loan in minutes online
- Offers different types of loans for all needs
NBKC Bank offers home loans for purchasing a new single-family home, multi family home, rental units, condo, and townhome. This means that no matter what kind of residential building you are buying, you can get a mortgage through NBKC Bank.Back to top ↑
Depending on your choice, you may opt for a 30-year fixed rate loan, a 15-year fixed rate loan, or a 5/1 ARM mortgage loan. Even within these different choices you can choose to pay a lower interest rate with a higher down payment, or a higher interest rate with a lower down payment. It all depends on how much cash you have to work with and how motivated you are to buy a home.Back to top ↑
VA Home Loans
If you are in active military service or you are a veteran, NBKC bank will offer you a VA loan. A VA loan has a lot of benefits. These include saving money on fees. Your lending fees are waived as are your loan origination fees. You won’t have to pay for underwriting fees or processing fees, and you are guaranteed to get competitive rates and financing in all 50 states.Back to top ↑
If you are a homeowner and still own money on your mortgage, you may want to check and see if refinancing is a good idea. NBKC Bank can help you with that as well.
They will offer you a few different options depending on the reason for your refinancing. These may include a new mortgage with a lower interest rate, a shorter term or even help you get a cash out mortgage, giving you money in hand to use as you please.Back to top ↑
Ease of Use
This easy online application process is a breeze. Without entering any personal information and answering a few simple questions dealing with your credit and the value of the home you are looking at, they can give you a few options of loans and rates. This is a good starting point.
To progress getting pre-qualified is super easy as well. It only takes a few more minutes answering some personal information. With this pre-qualification in hand, you can start to house hunt, knowing what you can afford.
They will assign you a loan specialist to help you throughout the entire process. This gives you someone on your side to help you handle all the paperwork and answer any questions.Back to top ↑
Price and Tools
Like any other bank, NBKC Bank does require loan fees. These differ from person to person. However, it is free to use their website to get prequalified and use their tools.
These tools include some very helpful calculators to help you work out the numbers before, during, and after your home buying experience.
These calculators include 30 vs 15 year term, fixed rate vs interest only mortgage, mortgage points calculator, loan calculator, and loan qualifier. There are also calculators for refinancing, amortizing calculator and more.Back to top ↑