The Property must be located in an eligible market. A PNC Mortgage Loan Officer can help determine your eligibility for this offer. To qualify, borrower’s household income must be at or below 80% of the median household income for the metropolitan statistical area (MSA) or the financed property must be located in a low- or moderate-income census tract as designated by the FFIEC. The PNC Closing Cost Assistance Grant may not exceed actual closing costs and prepaids. The PNC Closing Cost Assistance Grant may be applied to primary residence purchase or limited cash out refinance transactions (purpose of refinance must be rate and term only). Additional restrictions and qualifications may apply. PNC Grant amount is subject to change.
Specialized Loans
Find out if your home buying situation could make you eligible for a specialized loan from PNC.
Overview
Specialized Loans Facts & Figures
PNC Community Loan
This specialized program provides eligible homebuyers with more options.
- No private mortgage insurance (PMI).
- Down payment as low as 3% and minimal cash reserves.
- Gift funds are allowed as part of a down payment.
- Standard fixed or adjustable rate termsor your down payment or closing costs can be from a gift.
Rural Housing
When you’re purchasing a home in a rural area, you may be able to access special loan programs and terms through the United States Department of Agriculture (USDA).
- No down payment.
- Refinancing of eligible loans.
- New or existing residential property to be used as a permanent residence.
- Closing costs and reasonable/customary expenses associated with the purchase may be included in the transaction.
Medical Professional
Our Medical Professionals mortgage takes your unique needs into account and is specifically designed for interns, residents, fellows or doctors who completed their residency in the last five years.
- Gift funds are allowed as part of a down payment.
- Loans up to $1 Million.
- No Private Mortgage Insurance.
- Primary residences only.
- Standard fixed or adjustable rate terms.
PNC $5,000 Grant
You may qualify for up to $5,000 toward closing costs. And make buying a home of your own more affordable.
- Standard fixed or adjustable rate terms.
- Loan terms between 30 years.**
- Reduce or eliminate your mortgage closing costs.
- Cover other prepaid costs (establishing an escrow account to cover property taxes, insurance renewals, etc.).
- Apply toward a down payment.
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.

Applying with PNC
Mortgage Made Easy
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Insights
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