PNC Bank
Mortgage

PNC Bank Mortgage

FDIC InsuredVerified · May 2026Rate verified by SwitchWize
Rates from
5.68%
APR · Updated Jun 10
Apply Now
SwitchWize take
Best for

Borrowers wanting a large-bank, full-service mortgage experience with FHA, jumbo, or HELOC options.

Avoid if

Rate-sensitive shoppers who need transparent, published APR comparisons before engaging a lender.

Main catch

PNC's mortgage page functions more as a product directory than a rate sheet — there is not a single interest rate or APR published anywhere in the provided page text. That's a meaningful friction point at a moment when the Fed Funds Rate sits at 3.63% and borrowers are acutely focused on where mortgage rates land relative to that benchmark. Our database does not carry a verified APY for this product, meaning PNC is effectively invisible in any automated rate-ranking we run for consumers. On the positive side, PNC earned NerdWallet's 2024 Best Mortgage Lender designation across five categories — first-time buyers, FHA, jumbo, cash-out refinance, and HELOC — signaling genuine product breadth and servicer quality. Its online toolset (Home Insight Planner, Affordability Calculator, Application Tracker) is more robust than many regional peers in our database. However, the absence of published rates forces shoppers into a lead-generation funnel before they can make an apples-to-apples comparison. In today's rate environment, where even small differences in mortgage APR translate to tens of thousands of dollars over a loan's life, that opacity is a real consumer cost. We recommend using PNC's Affordability Calculator as a starting point, then benchmarking any quoted rate against our live mortgage rate table before committing.

What to verify before applying

Request a Loan Estimate (federal form) to compare the full APR, not just the rate. Confirm all origination fees and closing costs.

Last checked

Jun 10, 2026

Data source

SwitchWize Research Desk · methodology

Pros
  • No monthly maintenance fee
  • FDIC insured up to $250,000
Mortgage Rate Options
Loan TypeAPR
30-Year Fixed6.47%
15-Year Fixed5.68%
Account Features
Loan Types AvailablePurchase, Refinance, Home Equity (CHELOC), Jumbo, FHA, Cash-Out Refinance, Home Improvement
APY / RateNot published on page — must request via loan officer or online planner
CHELOC Geographic RestrictionNot available in AK, HI, LA, MS, NV, SD
Online ToolsHome Insight© Planner, Affordability Calculator, Home Insight Tracker
Application TrackingMortgage Application Status Tracker available online
FDIC InsuredYes — PNC Bank, National Association, FDIC Cert #6384
NerdWallet Recognition2024 Best Mortgage Lender: First-Time Buyers, FHA, Jumbo, Cash-Out Refi, HELOC
Hardship AssistanceAvailable for borrowers experiencing financial difficulty
SCRA NoticeRefinancing may not benefit active servicemembers with SCRA eligibility
Fees
Origination / Closing FeesNot disclosed on page
Prepayment PenaltyNot disclosed on page
Late Payment FeeNot disclosed on page
Requirements
Credit ApprovalAll loans subject to credit approval
Property AppraisalAll loans subject to property appraisal
CHELOC Property LocationSecuring property must be in a state where PNC offers home equity products; AK, HI, LA, MS, NV, SD excluded
Income / DTI DocumentationNot specified on page — standard mortgage underwriting assumed
How to Open

Call PNC's Home Lending Center (1-855-744-2668) Mon–Fri 8am–10pm ET or Sat–Sun 8am–5pm ET, or find a local Mortgage Loan Officer online. You can also use the Home Insight© Planner to estimate affordability before applying.

The SwitchWize Take

PNC's mortgage page functions more as a product directory than a rate sheet — there is not a single interest rate or APR published anywhere in the provided page text. That's a meaningful friction point at a moment when the Fed Funds Rate sits at 3.63% and borrowers are acutely focused on where mortgage rates land relative to that benchmark. Our database does not carry a verified APY for this product, meaning PNC is effectively invisible in any automated rate-ranking we run for consumers. On the positive side, PNC earned NerdWallet's 2024 Best Mortgage Lender designation across five categories — first-time buyers, FHA, jumbo, cash-out refinance, and HELOC — signaling genuine product breadth and servicer quality. Its online toolset (Home Insight Planner, Affordability Calculator, Application Tracker) is more robust than many regional peers in our database. However, the absence of published rates forces shoppers into a lead-generation funnel before they can make an apples-to-apples comparison. In today's rate environment, where even small differences in mortgage APR translate to tens of thousands of dollars over a loan's life, that opacity is a real consumer cost. We recommend using PNC's Affordability Calculator as a starting point, then benchmarking any quoted rate against our live mortgage rate table before committing.

Common Questions
What is the difference between a mortgage interest rate and APR?

The interest rate is what the lender charges to borrow the principal. APR (annual percentage rate) folds in lender fees, origination charges, and points into one comparable number. Always compare APR when shopping lenders — a low rate with high fees can cost more than a slightly higher rate with lower fees.

What credit score do I need to qualify?

Most conventional mortgages require a minimum 620 FICO score; FHA loans allow as low as 580 with 3.5% down. Higher scores unlock lower rates — a 40-point difference can shift your rate by 0.25–0.50%.

How long does mortgage underwriting take?

Most purchases close in 30–45 days from application; refinances typically take 30–60 days. A pre-approval (full credit and income check) can be done in 1–3 business days at most lenders.

Rates are sourced from Bankrate and verified by SwitchWize. SwitchWize may earn a referral fee when you click through to a partner. Content is for informational purposes only and does not constitute financial advice. Verify current rates directly with the institution before opening an account.