PNC Bank Hardship Package (short sale package) at a glance
What it is: The PNC Bank short sale package is the request for additional information that PNC Bank asks for to determine if it will agree to offer a short sale.
Where and when to file: You are required to return a completed short sale package in a timely manner.
A filled-in PNC Bank Hardship Package (short sale package) example: a borrower fills in the borrower details
How to fill out PNC Bank Hardship Package (short sale package), box by box
Borrower Details
Complete the financial information on Page A and sign Page A (and co-borrower information, if applicable).
Explain your Household Expenses
Explain your Household Expenses.
Explain your Household Income & Assets
Explain your Household Income & Assets.
Co-Borrower Financial Statement
Financial information from co-borrower only needed if not included in primary borrower's financials on previous page.
Sign regardless.
More rules for PNC Bank Hardship Package (short sale package)
A partially completed short sale package will not be reviewed.
Complete the Short Sale Deficiency Agreement, the Authorization to Close, and the Third Party Authorization on Page B and sign Page B.
Attach the required documents Listed on Page C.
With the Authorization to Close, if you have a home equity line of credit or other line of credit account with PNC Bank, these accounts will be closed upon receipt of the short sale package and requests for advances will not be honored.
Approximate, to the best of your abilities, your future monthly rental/housing expense when your house is sold (required field). Where will you be living after your house is sold? with Family/Friends (and no rental expense), I will be renting, This is an Investment/Rental property only, or Other, explain.
Select the Hardship Type you are Experiencing.
1 month most current pay stubs (employed) / P & L (Self Employed) and 2008 Federal Tax Return (all schedules); 1 month of your most current bank statements (copy of original); Purchase Offer Contract or Contingency Sales Contract (copy of original), which will demonstrate that a prospective buyer has made a purchase offer; ProForma or pre-HUD Statement prepared by the Title Company or Attorney, which must reflect $0 going to the seller and buyer, PNC must be receiving funds for the offer to be reviewed, and must reflect correct first mortgage holder's balance; First mortgage payoff letter or recent statement (copy of original) (checked November 9, 2026).
Either: Letter from your first mortgage holder showing payoff amount, or Mortgage statement showing current balance.
This letter and short sale package do NOT constitute approval of a short sale.
If a short sale occurs, it means your creditor will allow its mortgage lien to be removed from the property. Unless constrained by law, your creditor will not agree to treat the debt associated with the lien as paid in full.
Your Short Sale cannot proceed without all of the requested documentation and incomplete packages will not be accepted.
While your account is being reviewed by a PNC Bank representative, collection efforts will still be made on any past due amount.
Failure to complete the forms as requested will delay or halt your application.
This Short Sale Deficiency Agreement is not applicable to any debts which have been discharged in a bankruptcy proceeding under the U.S. Bankruptcy Code.
Common questions about PNC Bank Hardship Package (short sale package)
Who signs it?
Borrower Signature (required) and Co-Borrower Signature (required).
Where do I file it?
To return this package, fax it to 412-705-2979 or mail it to Attention: Short Sale, PNC Bank Loss Prevention P5-PCLC-A1-R, 2730 Liberty Ave., Pittsburgh, PA 15222.
Sources
[1] PNC Bank hardship package (the served form; no issuer file found) (the Official source link on this page).