For Adjustable Rate Mortgages loans ("ARMs"), rates may increase after settlement.
Combination Loan Refinance
Refinance up to 90% of your home's value with no PMI.
Overview
With the PNC Mortgage Combination Loan, you can refinance your first mortgage for 80% of your home’s value, and receive a home equity line of credit for 9.9% of the value.
Facts & Figures
Refinance your home up to 89.9% of your home’s value with a first and second mortgage. With the PNC Mortgage Combination Loan you can refinance your first mortgage for 80% of your home’s value, and obtain a home equity line of credit for 9.9% of the value.
- Potentially lower your monthly payment by eliminating private mortgage insurance (PMI).
- Interest on both loans may be tax-deductible. Consult a tax advisor.
Cost & Fees
Typically these fees range from 2% to 6% of the loan amount.
An Abbreviated Refinancing Process Guide
Understand the basics before you start the refinancing process.
Need More Information?
From first mortgage to home equity, from setting up your online account to payment processing – explore the Understanding Home Lending Center to find the answers you need.
We Are a Trusted Partner
Whether you need a mortgage pre-approval[3] or help after the closing, we’re available online, on the phone or face-to-face in your neighborhood branch. Here’s what you can expect from us:
- Pre-approval Services – So you can house hunt with confidence knowing how much you can afford.
- Online Application Support - Our digital mortgage application lets you track and update your application, through every step of the approval process.
- Service After the Closing – We’re with you every step of the way. We service most of our customers’ home mortgage loans.
Recommended Resources
Have Questions?
We're Here to Help
Child support or alimony income can be used if you received it for the past 12 months and it will continue for at least three years into the loan period. However, alimony, child support, or separate maintenance income need not be included if it is not to be considered as income available to repay the loan.
PNC Mortgage pay by phone transactions are free via our automated phone service or with agent assistance.
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.
Refinancing at a longer repayment term may lower your mortgage payment, but may also increase the total interest paid over the life of the loan. Refinancing at a shorter repayment term may increase your mortgage payment, but may lower the total interest paid over the life of the loan. Contact us to discuss the option that best meets your needs.
Important Notice to Servicemembers and Their Dependents. If you are currently eligible for benefits provided by Servicemembers Civil Relief Act (SCRA), refinancing current debt may not be beneficial.
PNC is a registered 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.
©2026 The PNC Financial Services Group, Inc. All rights reserved.
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