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Not necessarily. With our Renting vs. Buying Calculator, you can input the costs of renting and the cost of buying for a comparison of potential cost savings.
The more information you have about the home buying process, the better! As a first step, download our helpful guide, Home Buying Made Easy, which walks through detail on affordability, available loan types, a look at involved costs and much more. And visit our Understanding Home Lending Center to read all of our articles on the home buying process.
False! With our low, flexible down payment options, you can buy a home with as little as 3% down. Learn about our affordable lending options, and more, in our downloadable guide, Home Buying Made Easy.
True! It’s beneficial to better know your budget and how much you can afford. And, getting pre-approved by a mortgage lender shows real estate agents and sellers that you are a serious, qualified buyer. Learn more about the pre-approval process.
Borrower must satisfy pre-approval conditions outlined in commitment letter. Final loan approval and amount are subject to verification of loan data, property appraisal and underwriting conditions.
PNC and PNC HomeHQ are registered service marks of The PNC Financial Services Group, Inc. ("PNC"). PNC is a registered service mark of The PNC Financial Services Group, Inc. (“PNC”). All loans are provided by PNC Bank, National Association, a subsidiary of PNC, and are subject to credit approval and property appraisal.
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