Home Equity Loan Features & Benefits
A home equity loan is an excellent way to leverage the investment you have already made in your home. First Commonwealth Bank is pleased to offer home equity loans to its customers, so homeowners in Pittsburgh, Columbus, and across Western PA and Central Ohio can use the loan to meet their financial needs. Here are some other reasons to consider a home equity loan:
- Interest paid on a Home Equity Loan may be deductible from your federal income tax (always consult your tax advisor)
- Consolidate your bills into one easy fixed monthly payment
- Direct debit from your checking account makes monthly payments even easier
- Payment protection is available in the event of a disability or death
Considering refinancing your current home loan? Find a lending solution that can help you lower your payment or shorten your term.
Looking to consolidate your high interest credit card and loan payments? Use our calculators to see if you can save money by obtaining a home equity loan.