Mortgages

PNC Bank Mortgage review: Learn about its details before applying

If you're thinking of getting a home loan, read our PNC Bank Mortgage review to learn about the details and consider if it's right for your needs!

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PNC Bank Mortgage: Multiple loans options, low down payment available 

PNC Bank logo
PNC Bank Mortgage review! Source: PNC

Mortgages are a big decision; before applying for a new one, you must compare the available options. Therefore, we’re here to help you with a PNC Bank Mortgage review.

PNC Bank logo

PNC Bank Mortgage: how to apply

Applying for a mortgage is easier than ever. Learn how to apply for a PNC mortgage and get started on the path to homeownership today.

In this article, we’ll look at its products and services and some of the pros and cons of working with it.

By the end, you’ll have a good idea of whether or not it’s right for your home-buying needs.

Credit scoreAt least 620
Loans offeredHome Equity, Jumbo, Fixed, Adjustable, FHA, VA, USDA.
Minimum down payment3%.
APRNot disclosed
TermsUp to 30 years

PNC Bank Mortgage review: what you need to know

PNC Bank is one of the biggest banks in the U.S. and offers multiple loan products nationwide. When it comes to mortgages, they offer conventional and government-backed loans.

The mortgages and products offered include purchasing and refinancing, Home Equity loans, and Fixed and Adjustable-rate loans. Also, FHA, VA, and USDA are available for applicants.

Equally important are the loan terms offered by PNC Bank, which can vary between 10 and 30 years. Down payment as low as 3% of the purchase price is also required.

Furthermore, the APR is not disclosed on the PNC website, meaning you’ll discover the annual percentage rate you’ll be paying after pre-qualifying and submitting your application.

Once you’re approved, new home buyers will have full access to their mortgage accounts through a 24/7 online banking service.

PNC Bank Mortgage main features

Smiling young man using laptop studying working online at home
Learn the PNC Bank Mortgage details! Source: Adobe Stock

Now that you know more about what PNC Bank Mortgage offers, it is time for you to compare this lender’s details. Check below its perks and drawbacks to help you make the best decision.

Pros

  • It offers several loan options;
  • The lender has low down payments available for borrowers;
  • Available in all U.S. states;
  • Enjoy online and in-person service.

Cons

  • PNC does not offer home renovation loans;
  • It doesn’t offer in-person service in all 50 states.

Credit score required to apply

If you’re interested in applying for the PNC Bank Mortgage, you must have a credit score of at least 620.

This is the minimum requirement for you to qualify, but remember that the higher your credit score, the better terms, and rates you’ll get.

PNC Bank Mortgage application process: how does it work?

The pre-approval and application processes are easy and fully online. So if you want to apply for the PNC Bank Mortage, read the following article.

We’ll give you an in-depth explanation of how the application process works!

PNC Bank logo

PNC Bank Mortgage: how to apply

Applying for a mortgage is easier than ever. Learn how to apply for a PNC mortgage and get started on the path to homeownership today.

About the author  /  Beatriz Vieira

Beatriz Vieira is a producer and copywriter who is part of the finance writer team in this portal. She has a degree in Journalism and aims to improve her bilingual writing skills. Her subjects of most significant interest are culture, finances, and self-development.

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