Reviews
Learn to apply easily for the PNC Bank Mortgage
If you are in the market for a mortgage, you'd better understand how to apply for one that covers your needs. The PNC Bank Mortgage is a handy option if you have a low or moderate income. Keep reading to learn how to apply!
Advertisement
PNC Bank Mortgage: You can apply online or in person. It’s your call!
Securing a mortgage is one of the most important steps when you are in the market for a new home. Here you’ll learn how to apply for PNC Bank Mortgage online.
They make the application process quick and easy, so you can focus on finding your dream home. Keep reading to understand more!
You will be redirected to another website
By submitting this form, I agree that I am 18+ years old and I agree to the Privacy Policy and Terms and Conditions. I also provide my signature giving express consent to receive marketing communications via automated emails, SMS or MMS text messages and other forms of communication regarding financial products such as credit card and loans. Message frequency varies and represents our good faith effort to reach you regarding your inquiry. Message and data rates may apply. Text HELP for help or text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and I may revoke my consent at any time.
Advertisement
Online application
The PNC Bank has branches available in most states of the U.S., So the application in-person is not possible everywhere nationwide.
On the other hand, you can apply online at any place, and customer service can be done on the phone.
With a quick online application, you can get started searching for your perfect home with pre-approval.
The lender will ask for basic information like your social security number, house location, how much you have as a down payment, and how much you are willing to borrow with them.
Also, you’ll authorize the lender to check your credit score and inform them about your income and assets.
Then they will check the information you provided electronically. You’ll be asked to apply in person if they can’t access or understand the documents required.
In the meantime, you can check out the preapproval of your mortgage and understand the possible rates and terms.
Once you start your application, you can create an account and track your loan process.
Requirements
To apply for a loan with PNC Bank Mortgage, you should meet certain criteria:
- Have a good credit score (at least 620 FICO score);
- Minimum down payment of 3%;
- Have proof of income and/or assets;
- Be a U.S citizen or an authorized resident;
- Be at least 18 years old;
- Have a valid Social Security number.
Advertisement
Apply using the app
The PNC Bank app is not focused on mortgages. However, you can find some functions that work to track your mortgage.
PNC Bank Mortgage vs. SoFi Mortgage: which one is the best?
If you are looking for a mortgage with more affordable options for low-income and moderate-income borrowers, you should go with PNC Bank.
On the contrary, if you have more money to spend on your house and are thinking about putting more than $100,000 into your property, the SoFi loan is better for you.
PNC Bank Mortgage | SoFi Mortgage | |
Credit Score | 620 or higher. | Conventional: 620; Jumbo: 700. |
Loans Offered | Purchase, Refinance, Home Equity, Jumbo, Fixed, Adjustable, FHA, VA, USDA. | Purchase, Refinance, Fixed, Adjustable, Jumbo, Home equity. |
Minimum Down Payment | 3%. | The minimum down payment is 3%. |
APR | The APR varies according to the loan amount and terms. | The APR differs depending on the term and is updated daily on the SoFi mortgage website. |
Terms | Up to 30 years. | 10, 15, 20, or 30 years. |
If you like the SoFi mortgage and want to understand how to apply online and what you’ll need. Find out more about it below.
How to apply for SoFi Mortgage
Do you want to apply for a mortgage with SoFi mortgage? Read on to a complete guideline that covers all you need to know.
Trending Topics
RBC Bank Application: Simplify Your Banking Experience
This is a quick, simple and easy-to-follow RBC Bank application guide. Come along with us and get your new bank account going today!
Keep ReadingEarn back: Bank of America® Unlimited Cash Rewards Secured review
Read our Bank of America® Unlimited Cash Rewards Secured card review - earn 1.5% unlimited cash back and enjoy a $0 annual fee!
Keep ReadingAvant Personal Loan review: how does it work, and is it good?
Learn how to get fast cash for any purpose in the Avant Personal Loan Review. Keep reading to find out more!
Keep ReadingYou may also like
Prosper Personal Loan review: how does it work and is it good?
Are you looking for a Prosper Personal Loan review? Keep reading to find out the pros and cons of this lender. Read on!
Keep ReadingThe best free offline GPS: Never get lost again with these apps!
Check out our guide to the best free offline GPS apps to help you in any situation when an internet connection is not available.
Keep ReadingR.I.A. Federal Credit Union Mastercard® Classic Card review
Looking for a credit card with no hidden fees? Check out our review of the R.I.A. Federal Credit Union Mastercard® Classic Card!
Keep Reading