Buying a Second Home
You’ve arrived! Whether it’s a cottage on the lake, a winter home, or just a home base in another favorite place, PNC Mortgage can help. There are many mortgage products to accommodate your needs and our loan experts can help you assess all of your available options.
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.
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.
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.