Electronic Funds Transfer (EFT)
There are many advantages to using an electronic funds transfer (EFT) to make your monthly mortgage payment.
An Electronic Funds Transfer (EFT) makes paying your mortgage even easier...
Never write another check for your monthly mortgage payments!
When you sign up for EFT on your PNC Mortgage loan, you'll save time because there are no checks to write, no payments to mail, and no coupon books to manage. And best of all, if you choose to have additional funds applied to the principal balance of your loan each month, you could save thousands in interest expense by paying off your mortgage faster!
Works with most financial institutions
Most financial institutions in the U.S. participate in the automated clearing house system, this allows PNC Mortgage, with your permission, to access your account for a payment each month.
Convenient and worry-free
Because it's automatic, you don't have to do a thing! Each withdrawal appears as a deduction on your financial institution's monthly statement. We will notify you of your first automated payment date, so be sure to continue making your payments on time until EFT begins.