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.
Apply Now You will be asked to create an account to start your online mortgage application.
If you've recently received communications regarding a shortage to your escrow account, please fill out the form located at the button below:
Escrow Shortage Payment Form
Closed for 2020. No longer accept any applications.
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.
First Front Door funds are available on a first-come, first-served basis. Restrictions may apply.
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.
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.
For higher borrowing needs we offer adjustable-rate jumbo mortgages with fixed initial rate up to 10 years.
We have mortgage options for commercial property purchase, residential rental properties/investment properties as well as refinance options.
Our Mortgage Origination Specialists will discuss all of the home-buying options available to you.
Buying a home is the largest purchase most people will ever make. So, where do you start? Find out more by attending one of our free seminar.
Are you a Realtor?
Join us for a lunch and learn to gain an overview of the many unique mortgage options First Commonwealth has to offer your clients. A light lunch will be provided.
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.