Digital preapproval requires the assistance of a Mortgage Loan Officer. After the first part of the application process is complete, a PNC Mortgage Loan Officer will reach out to finish the remainder of the preapproval.
Home Mortgage Loans
Financing your home
with PNC
Not Ready to Apply?
Are you just beginning your home financing journey?
Best Mortgage Lender, 2024 by Nerdwallet
January 2024
PNC is proud to be recognized as the 2024 Best Mortgage Lender by NerdWallet in multiple categories:
- First-Time Home Buyers
- FHA Loans
- Jumbo Loans
- Cash-Out Refinancing
- Home Equity Lines of Credit
Find Your Dream Home
Use Home Insight® Planner to access multiple tools and create an account to manage your mortgage journey

Mortgage Calculators
Comparing loan options? Just looking for how much you can borrow? Use our home lending calculators to understand your refinancing options and help you decide.
The PNC Mortgage Loan Process
PNC Bank provides ongoing support for homebuyers throughout the mortgage loan process.
Step 1. Get a Preliminary Pre-Approval
Mortgage pre-approval informs your budget and strengthens purchase offers. With PNC's preliminary pre-approval, you can check your buying power without impacting your credit score.
Step 2. Find Your New Home
Work with a licensed real estate agent to find the right home and get the seller to accept your offer.
Step 3. Complete the Home Loan Application
Once the home is under contract, you can submit financial documents to complete the mortgage application.
Step 4. Work with Your PNC Loan Officer
The loan officer will review the application, request additional documentation as needed, and draft the loan docs for your signature.
Step 5. Get the Funding to Close on Your New Home
With the loan docs signed, the funds are made available so you are “clear to close” on the new home.

Home Mortgage Loan Resources
Learn the basics of homebuying with our guide.
As exciting as buying a home can be, it can also feel overwhelming if it’s your first time. We provide additional support for first-time homebuyers with useful tools and guidance.
- First-Time Homebuyer Guide - this comprehensive overview gives valuable insight into each step of the homebuying process, from start to finish.
- Affordability Calculator – estimate how much you can afford to spend on a new home.
- Down payment assistance programs – learn your options to make homeownership more attainable.
Fixed-Rate Mortgages
A fixed rate allows you to “lock in” the interest rate for the full term of the loan. Because the interest rate doesn’t change, you make the same payment each month until the loan is repaid. If rates go down in the future, you could refinance to lock in a new, lower rate.
Adjustable-Rate Mortgages (ARMs)
An adjustable rate will increase and decrease throughout the life of your loan, depending on market conditions. There’s an introductory period with a fixed rate, after which your rate will automatically decrease when market rates fall and automatically increase when market rates rise.
Explore Adjustable Rate Mortgages
Jumbo Loans
These loans exceed the loan maximum amounts set by Fannie Mae, Freddie mac and the Federal Housing Agency. Exceeding the maximum amount means these agencies can’t buy the loans from the originator on the secondary mortgage market.
FHA Loans
These loans are government-backed, which means they have more flexible qualification criteria than conventional loans. There are fixed- and adjustable-rate options.
VA Loans
These loans are exclusively available to military servicemembers, veterans and their spouses for purchasing a primary residence. They’re backed by the Department of Veterans Affairs, allowing those who serve our country access to favorable home loan terms like competitive interest rates and down payments as low as 0% for well-qualified buyers.
USDA Loans
These loans are available for low-to-moderate-income buyers in rural areas, backed by the U.S. Department of Agriculture. They’re intended to promote homebuying in less-populated areas by offering low downpayment options on qualifying properties.
Physician Loans
These loans are for the unique financial needs of medical professionals and are available to interns, residents, fellows and doctors who have completed residency in the last five years. They offer up to $1.5 million in home financing and allow gift funds to be used as part of a down payment. There’s also no private mortgage insurance required for buyers with a down payment less than 20%.
Mortgage Insights Articles
Rate and Term Refinance Explained: Benefits & Comparisons
Rate and term refinance adjusts your mortgage's rate or term for savings. Explore its benefits, process, and differences from cash-out refinancing.
8 min read
How to Get a Mortgage Loan: Key Steps Homebuyers Should Know
Discover how to get a mortgage with our comprehensive guide. Learn about essentials like budgeting, preapproval, and necessary documents to secure your loan.
7 min read
How to Negotiate Home Price
Equip yourself with essential tips on how to negotiate home price. Our guide offers advice to help you understand negotiation terms, roles, and techniques.
7 min read