A home equity loan is a loan for a fixed amount of money that is secured by your home. You repay the loan with equal monthly payments over a fixed term, just like your original mortgage.
At First Commonwealth, we offer competitive rates and top-of-the-line protection. Our Home Equity Loans help you repair, remodel, or consolidate for turning your house into your dream home. Our home equity lending options have low, monthly payments.
See the features and benefits of our current Home Equity Loan promotion:
- Pay a lower interest than you would on a personal loan
- No minimum loan amount
- Borrow up to 80% of your home’s value
- 10-Year Fixed-Rate at 3.24% APR2
|Term||Loan to Value1||1st Lien Position - APR (as low as)2||2nd Lien Position - APR (as low as)2||Alert Me|
|5 Years||up to 80%||2.99%||3.49%|
|up to 90%||3.74%||4.24%|
|10 Years||up to 80%||3.24%||3.74%|
|up to 90%||3.95%||5.24%|
|15 Years||up to 80%||3.74%||4.24%|
|up to 90%||3.95%||5.49%|
|20 Years||up to 80%||3.95%||4.74%|
|up to 90%||3.95%||5.74%|