PNC Bank Home Loans Modification and Mortgage Assistance

experiencing difficulty in keeping your mortgage payments current. Whether you have temporary or long-term situation PNC mortgage wants to help you to stay in your home. To stay in your home, it is important that you begin working with PNC as soon as possible. That’s why we are providing you with the attached PNC Mortgage Customer Hardship Assistance package which will help us to determine that whether you qualify for the hardship assistance such as loan modification.

Find out what options may be available for you? With the help of the Customer Hardship Assistance Package, you can start learning about the various programs of mortgage that may be available for you. Through this package, you can find out the description of each potential relief option and eligibility requirements, but depending on your specific loan or the investor that owns your loan only specific programs may be available to you.

When Applying For  PNC Bank Home Loans Modification Consider Followings:

• You may or may not be eligible for a loan modification to help bring your account current or other hardship relief.
• If you are approved for hardship relief, the terms of your loan will change and we will thoroughly review the modified loan terms with you.
• We may recalculate your loan balance to include some or all past-due amounts, depending on the program you qualify for and establish a new monthly payment amount.
• You may be required to complete a 3-month trial repayment plan to demonstrate your ability to make consistent payments.

After reviewing the Customer Hardship Assistance package, you simply follow the instructions given on the first page and submit all of your required information and documentation to help us understanding the challenges that you are facing. Once we receive and evaluate your information then we will contact to you regarding your options and next steps. If you have any question about the Customer Hardship Assistance Package or you want immediate assistance you can contact your PNC Mortgage Customer Assistance Team.

Early communication with PNC is very important to ensure that your mortgage options are not limited. To discuss your financial situation please contact us as soon as possible and maximize your options. Completing, signing and returning the documents provided in the package is the first step with PNC bank program. You have to review all of the pages of the packages and then make sure that all of the pages are fully completed and signed where required and returned.

Uniform Borrower Assistance Form: – The Uniform Borrower Assistance Form allows you to detail your particular financial hardship and your property, income, expenses, loans and other essential information.

Hardship Affidavit, Documentation, and Written Explanation: – You will need to include specific documentation that is demonstrating your hardship. You will also need to include a brief description of your hardship.

Income Documentation: – You will need to include specific income verification documents according to your sources of income.

Form 4506-T AND Copy of Federal Tax Return: –

• Form 4506-T allows PNC Mortgage to receive a transcript of your federal tax return to verify your income information.
• Also, you will need to include a copy of your completed and signed federal tax returns from the most recent two years.

Mortgage Programs That May be Available: –

PNC Mortgage understands unforeseen circumstances that can create financial hardship and your ability to make your mortgage payments on time. If you are struggling or unable to make your payment, we want you to be aware of various options that may be available to you.