PNC Bank PNC Grant

PNC Bank PNC Grant is a grant for homebuyers in Statewide, California. Tiered lender grant: Low Income $2,500; LMI $3,000-$5,000; PNC Grant $5,000-$15,000. No repayment. PNC Grant tier provides $5,000 to $15,000 toward down payment, closing costs, or escrow setup for borrowers in eligible LMI census tracts or with income 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 PNC 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 PNC 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 (NAT250030). Available nationwide where PNC originates mortgages. PNC Grant tier is in addition to or instead of LMI Grant ($3,000) and Low Income Grant ($2,500). Subject property location determines eligibility.

PNC Bank PNC Grant sets its income limit as follows: At or below 80% area median income; or property in low/moderate income census tract. At or below 80% area median income; or property in low/moderate income census tract. 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 PNC Grant can be used for Single-family, Condo, Townhouse.

PNC Bank PNC Grant is a nationwide program, so it is not limited to one state. The program targets specific areas: Low/moderate income census tracts qualify regardless of borrower income.

Applications for PNC Bank PNC 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.