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!

PNC Bank logo
Applications are online or in-person. Learn the process here! Read on! Source: PNC Bank

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.

card

Mortgage

PNC Bank

loan online

Guides for first-time home buyers!

You will be redirected to another website

They make the application process quick and easy, so you can focus on finding your dream home. Keep reading to understand more!

Online application

Young beautiful couple applying for mortgage. Sitting smiling happy meeting with real state agent signing mortgage loan at bank
Learn how to apply for this loan online. Read on! Source: Adobe Stock

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.

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 MortgageSoFi Mortgage
Credit Score620 or higher.Conventional: 620;
Jumbo: 700.
Loans OfferedPurchase, Refinance, Home Equity, Jumbo, Fixed, Adjustable, FHA, VA, USDA.Purchase, Refinance, Fixed, Adjustable, Jumbo, Home equity.
Minimum Down Payment3%.The minimum down payment is 3%.
APRThe 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.
TermsUp 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.

SoFi logo

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.

About the author  /  Suzana Brito

I'm a Language Studies graduate and have always been interested in writing and sharing knowledge. By creating content about finances and related products, I believe in contributing to people achieving financial freedom and their goals in life.

Trending Topics

content

8 top apps to watch movies and series for free: download now!

Discover the best apps to watch movies and series for free. Stream your favorite genre anywhere with high-quality. Read on!

Keep Reading
content

Citi Simplicity® Card application: how does it work?

Do you need a credit card to help you pay your debts? Discover if you are eligible and how to apply for a Citi Simplicity® Card. Read on!

Keep Reading
content

Southwest Rapid Rewards® Plus Credit Card review

Look into our Southwest Rapid Rewards® Plus Credit Card review to familiarize yourself with its traveling advantages. Keep reading!

Keep Reading

You may also like

content

Capital One Bank review: is it the best choice for you?

Capital One Bank offers a high-interest savings account which won't lock up your money, and you can access it whenever you want.

Keep Reading
content

Accepted Account review: Great chances of approval for all credit scores

If you want to get discounts online on selected outlet products, read the Accepted Account review and know how. Keep reading!

Keep Reading
content

Medicaid: get the health care you deserve

Learn about who can benefit from Medicaid and how to apply for this important government healthcare program. Keep reading!

Keep Reading