Lower My Monthly Payment
When you're looking for options to improve monthly cash flow, quick or temporary fixes can be stressful and expensive. Relax. There may be a better way. PNC Mortgage can help you evaluate your options to increase your monthly cash flow by refinancing your mortgage.
Consider these great loan options:
Fixed Rate Mortgage
A fixed-rate mortgage will give you peace of mind knowing your payment will never change. If you want to reduce high payments from a rising ARM, balloon or shorter-term mortgage, this may be the answer.
FHA Mortgage
With higher maximum loan amounts, lower down payments required, and flexible credit and income guidelines - an FHA mortgage may your perfect home purchase loan. Both fixed and adjustable rates are available.
Interest Only
An innovative loan that offers the ultimate flexibility. Choose either the fixed rate or the adjustable rate program and pay interest only for the first 10 years, with the flexibility to make principal payments whenever you choose.
VA Mortgage Flexible credit guidelines, great rates and the ability to borrower up to 100% of the value of a home makes the VA loan one of the best mortgages on the market. PNC Mortgage is proud to help veterans take advantage of this great benefit.
Adjustable Rate Mortgage
If having the lowest possible monthly payment is your goal then you may want to explore Adjustable Rate Mortgages. Find out details about how adjustable rate mortgages work, and how to decide when this option is right for you.