At First Commonwealth, we understand that buying or refinancing a home is a major financial decision. Whether you’re searching for that perfect starter home, a house your family can grow into, or the idyllic retirement retreat, First Commonwealth is here to help from start to finish. We offer low origination fees and a variety of loan options including conventional, adjustable-rate, and first-time home-buying mortgage options.
How To Lock-in A Low Rate Mortgage
Submit Your Home Owner's Insurance.
Click the button below to provide proof of insurance, an updated policy or change of insurance company.
Submit Your Real Estate Taxes
Quickly and securely submit your real estate taxes using our online form.
Professional Loan
Built for profressionals looking to purchase a primary residence in PA or NJ.
Home Ready Mortgage
A HomeReady® mortgage is a great option for first-time home buyers and other borrowers who may not qualify for traditional financing.
- Down payment as low as 3%
- Flexible sources of funds
- Homeownership education required via an easy-to-use online format
- Income eligibility requirements apply*
FHA Mortgage Loans*
With greater flexibility than ever before, FHA is making homeownership happen. FHA-insured home loans are available to borrowers with less-than-perfect credit - even after bankruptcy, you can be considered after two years of discharge and once good credit has been established. Interest rates tend to be lower than conventional mortgage rates.
Construction Loans
Looking to build the home of your dreams? Construction loans offer you the flexibilty you need.
Veterans Affairs Loans
Military members may be eligible for a VA loan, which provides affordable, government-backed mortgage financing with unique benefits including no down payment (100% financing) or PMI.
Adjustable Rate Mortgage
Ideal for growing or military families and people who relocate frequently or are not planning to stay in their home for an extended period of time.
Jumbo Mortgage
For higher borrowing needs we offer adjustable-rate jumbo mortgages with fixed initial rate up to 10 years.
Business Real-Estate
We have mortgage options for commercial property purchase, residential rental properties/investment properties as well as refinance options.
Contact Us
Our Mortgage Origination Specialists will discuss all of the home-buying options available to you.
Funding for 2022 is Closed.
First Front Door (FFD)
Get up to $5,000 in cash for the down payment and closing costs through FFD, a first-time home-buyer grant program funded by FHLBank Pittsburgh. If you qualify,* we will match your contribution 3-to-1. For every $1 you contribute, you can receive $3 in grant assistance, up to a maximum of $5,000.
Learn More
First Front Door funds are available on a first-come, first-served basis. Restrictions may apply.
Buying a 2nd Home
First Commonwealth only offers second home mortgages for properties located in Pennsylvania and New Jersey. Compare specifics of conforming fixed vs. jumbo fixed.
Housing Counseling Services
Are you behind on your rent or mortgage? Do you plan to buy a home soon? Are you considering taking out a reverse mortgage loan or home equity loan? Get expert advice and resources from our partner, GreenPath.
*We will review qualifications and other program requirements with you.
