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 receive a PNC Bank home equity line of credit for 9.9% of the value.
Key Features and Benefits
· Potentially lower your monthly payment by eliminating private mortgage insurance (PMI)
· Interest on both loans may be tax-deductible. Consult a tax advisor