Best Home Equity Lenders August 2021 – Forbes Advisor
PNC Bank operates in all 50 states and offers a wide range of mortgage products, including specialty loans for low and moderate income borrowers.
PNC also offers an innovative online experience called Home Insight, which deepens the home buying process, allowing customers to determine what mortgage payment they can afford and start buying homes with less. quotes and loan products in real time. It also allows clients who have applied for a loan to go through the approval process and upload supporting documents. Additionally, the client can invite real estate agents into the process to monitor progress.
Home Insight combines a home affordability analysis, a monthly payment estimator that takes into account insurance and taxes, and the ability to research available real estate listings. It also links unique budgets, real-time rates, and loan products to real estate listing research to help potential buyers better understand how much home they can afford.
PNC also offers a full digital pre-approval application, where borrowers can apply online and receive approval in minutes.
Available in all 50 states
PNC has branches for more comfortable borrowers with physical experience in the following states: Alabama, Delaware, District of Columbia, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Missouri, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, West Virginia and Wisconsin.
How to register
Borrowers can apply online or in person at a bank. Customer support by phone is available Monday through Thursday 8 a.m. to 9 p.m. ET, Friday 8 a.m. to 5 p.m. ET, and Saturday 9 a.m. to 2 p.m. ET.
Pre-approval takes between 20 and 30 minutes. The average closing time is 45 days, which corresponds to the industry average. In some cases, the close can be as short as 30 days.
Borrowers must have a minimum credit score of 620. For jumbo loans, the minimum credit score is 700.
Types of loans offered