PNC Bank Low to Moderate Income Borrower Grant

PNC Bank Low to Moderate Income Borrower Grant is a grant for homebuyers in Statewide, California. $3,000 lender grant. No repayment. Combines with PNC mortgage products. Up to $3,000 grant for down payment, closing costs, or escrow setup. Available where qualifying income is at or below 80% AMI. This is a nationwide program, so it is available beyond a single state or city. Funding comes from PNC Bank.

PNC Bank Low to Moderate Income Borrower Grant is structured as a grant, so it is not repaid. Repayment is triggered by none (grant). Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

PNC Bank Low to Moderate Income Borrower Grant is open to homebuyers who will live in the home as their primary residence. A homebuyer education course is required, through Required - HUD-approved. Sourced via Homebuyer Wallet (NAT250029). Available nationwide where PNC originates mortgages. LMI Grant tier; smaller than the larger PNC Grant ($5K-$15K).

PNC Bank Low to Moderate Income Borrower Grant sets its income limit as follows: At or below 80% area median income. At or below 80% area median income. The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

PNC Bank Low to Moderate Income Borrower Grant can be used for Single-family, Condo, Townhouse.

PNC Bank Low to Moderate Income Borrower Grant is a nationwide program, so it is not limited to one state.

Applications for PNC Bank Low to Moderate Income Borrower Grant go through the administering agency. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.