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Monday, December 24, 2012

PNC Mortgage, PNC Bank Mortgage

PNC Mortgage came into existence after the acquisition of National City Mortgage by PNC Financial Services Group, Inc in 2008. With this merger, PNC became the sixth largest bank in terms of deposits and also got the opportunity to enter the mortgage market once again, almost a decade after it had sold its original mortgage division to Washington Mutual in 2001. Prior to merger, National City Corporation was ranked among the top ten banks of the US, well ahead of PNC Bank in revenue, and had its headquarters located in Cleveland, Ohio.


With the completion of PNC National City Bank conversion, the new entity has increased its presence over a wide geographical area encompassing the US states like Pennsylvania, Ohio, Kentucky, Maryland, Indiana, Florida, Michigan, Delaware, Illinois, Missouri, New Jersey, Virginia, Wisconsin and the District of Columbia. With over 250 mortgage locations nationwide, you are likely to find a PNC branch or office just near you.
Though the routing number changes with the acquisition, the checks of National City Mortgage Company are still accepted.

PNC Mortgage Rates


PNC Mortgage Rates vary according to your financial situation and location in the US. The current rates for home purchase or refinance can be checked online at the website of the bank by providing details of loan types, amount you need to borrow and zip code. Alongside loan rates, you can also see APR and monthly payment for a wide array of mortgage products. These products may include fixed-rate, interest only and FHA mortgages, adjustable-rate loans and VA home loans. Browse our site to get updated PNC mortgage rates and compare these with what other banks are offering.

PNC Mortgage Calculator


You may find it extremely helpful to use PNC mortgage calculator in order to reach a loan decision quickly and accurately. These calculation tools are grouped separately for home purchase and refinance loans. The questions like how much can I afford, should I rent or buy, how much can I borrow and what will my new payment be, can easily be answered using an appropriate PNC mortgage calculator. These tools and several other resources are available online at the website of the bank. Browse our site to get a detailed description of all these and also how you can use them effectively to get the desired results.

PNC Mortgage Payment

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