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Borrowing Just What You Need

When you're ready to borrow, it's important to know all of your options so that you have the best account for your unique situation.

Understanding Your Loan Options


You need to borrow money to fix a leaky roof, but you're not sure of the best option. Or you need to refinance to a rate that gives you more breathing room in your budget. We would love to connect with you about all of your loan options, including using the equity in your home to borrow just what you need at a rate you can afford.

Home Equity Lines of Credit

Typically used for debt consolidation, refinance, home improvements, or medical bills, a home equity line of credit is when you borrow money against the equity in your home. You pay interest only on the amount you borrow and you can access the funds in an emergency. 

Home Equity Loans

With this type of loan, you're also borrowing against the equity in your home but you receive the funds as one lump sum with typically a fixed interest rate. Common uses include home improvements and debt consolidation.

Personal Loans

Personal loans are helpful if you don't have a lot of equity in your home. Your payments will stay the same for the duration of the loan, allowing you to easily budget your monthly payments. Typical uses are credit card consolidation or vehicle repairs. Our current promotions include a 5-year personal loan with 8.05% APR1

Personal Access Lines

Similar to a personal loan, but you can access the money as you need it. You'll pay interest only on the money you borrow which means your payments will vary. Typical uses include emergencies and debt consolidation. 

1 Offer is based upon loans $2,000 to $35,000 and subject to credit approval. The Annual Percentage Rates (APR) shown are based upon a $35,000 loan. Your APR may be higher based on a review of your credit application. In order to receive the offered rate, a minimum of $2,000 new money and a direct debit of loan payment from a First Commonwealth Bank checking account are required, otherwise the rate will be 0.25% higher. Processing fee of $54 will be assessed. Repayment examples: monthly payment for each $1,000 borrowed at 8.08% APR for 36 months is $31.33, monthly payment for each $1,000 borrowed at 8.06% APR for 48 months is $24.40 and monthly payment for each $1,000 borrowed at 8.05% APR for 60 months is $20.27. Offer subject to change or withdrawal at any time.