PNC mortgage
Learn more about PNC mortgage rates and compare this lender to others.
Updated April 25, 2024
NLMS: 446303
Check PNC mortgage rates
Loans offered:
Purchase, Refinance, Jumbo, Fixed, Adjustable, FHA, VA
Min. credit score required:
620
Min. down payment:
3%
For example, if you apply for a 15-year $400,000 mortgage with an interest rate of 6.15% and a down payment of 10% you would receive $360,000 and make 180 payments of $3,067.14. The total amount paid would be $552,084.
Information about bank
- Organisation:PNC
- Website:
- Headquarters:225 Fifth Avenue, Pittsburgh, PA
- Personal Credit Cards:
- Business Credit Cards:
- Personal Banking Accounts:
- Business Banking Accounts:
- Mortgage:
PNC Mortgage Pros&Cons
Pros:
- Variety of mortgage types. There is a high chance that you’ll find a mortgage option that will satisfy your needs, including conventional, government-backed and low down payment options.
- $1,500 grant. If you’re a first-time home buyer and meet certain income or location requirements, you can get a cash grant of up to $1,500 to help towards closing costs, down payment or other prepaid mortgage expenses.
- Online preapproval. You can get preapproved for a mortgage online. Firstly, you’ll need to provide PNC with simple information, including your Social Security number, the amount you wish to borrow and the location of the house. Secondly, you should authorize the bank to verify your assets, income, and employment digitally.
Cons:
- Not fully transparent. You can estimate some of your rates and fees online. However, you’ll need to apply for the loan to get the full picture.