PNC

• Variety of Loans
• Reasonable Closing Costs
• Mobile App
• Customer Communication

Variety of Loans

PNC offers a variety of loans, including conventional home loans, fixed rate mortgages, adjustable rate mortgages, and jumbo loans. The company also offers a combination home loan which allows borrowers to put down 10.1 percent of the purchase price (rather than the traditional 20 percent) and finance the remaining 9.9 percent with a home equity line of credit.

Reasonable Closing Costs

PNC charges closing costs of 3 to 5 percent of the total purchase price, which is fairly average when compared to closing costs charged by other lenders in the industry.

Mobile App

PNC provides its customers with a mobile app, which is highly rated for both iOS and Android.

Customer Communication

Throughout the home loan process, PNC provides its borrowers with consistent communication and updates to ensure that the customer is kept up to date on what is happening with their mortgage.

• Undisclosed Interest Rate
• Limited Credit Score Information

Undisclosed Interest Rate

PNC has not disclosed mortgage interest rates on its corporate website. Consumers who would like to find out more must contact the company for further information.

Limited Credit Score Information

PNC has not listed the minimum credit score that it requires an individual to have in order to obtain a home loan, making it difficult for potential borrowers to have an idea of whether or not they have a high chance of qualifying.