Live chat 1-800-711-BANK (2265) Menu Login Back In This Section Protecting Calculators Let us know how we can help. CONTACT US Home Equity Line of Credit 0.99% APR for 6 months1 Adjusts to as low as 2.99% APR No closing costs or processing fees2 LEARN MORE Calculators Home Personal Investment Retirement Lease Home Financing Should I refinance? How much will my fixed rate mortgage payment be? How much will my adjustable rate mortgage payments be? How much will my payments be for a balloon mortgage? Should I rent or buy? Which mortgage is better for me? How much will I save by increasing my mortgage payment? How much mortgage might I qualify for? How much home can I afford? Should I consolidate my loans? Calculator disclaimer Presented by TimeValue Software ©2021 Home Equity Line of Credit Promotion Disclosure 1 After the 0.99% Annual Percentage Rate (APR) 6-month introductory period, the APR on a home equity line of credit will be a variable rate based on Wall Street Journal Prime Rate (3.25% current as of March 16, 2020) plus or minus a margin (currently as low as Prime Rate – 0.26% or 2.99%). The maximum rate is 18% and the product floor rate is 2.99%. Prime may change at any time and is subject to change without notice. The introductory period begins on the date of account opening. After the introductory period ends, any and all remaining balances will automatically convert to the variable APR per the terms of the Home Equity Line of Credit agreement. In order to receive the offered rate, a minimum of $10,000 in new money and direct debit of loan payment from a First Commonwealth Bank checking account is required, otherwise the rate will be 0.25% higher. An early termination fee of $500 or 2% of the line amount, whichever is less, may apply if the line is closed within 36 months of account opening. An Annual Fee of $50 will be charged to your credit line. A $75 rate lock or unlock fee may be charged if you use the rate lock feature to convert a portion of your balance between a variable rate and a fixed rate. If a deed transfer is necessary, title insurance and attorney's fees may be required. Taxes and property insurance are always required and flood insurance is required where necessary. Consult your tax advisor about the deductibility of interest. Other rates and terms are available. Offer valid for applications December 14, 2020 through March 31, 2021. Offer subject to change or withdrawal at any time. For home equity lines of credit with principal and interest payments, offer is based upon loans $10,000 to $500,000, a loan to value up to 85% on an owner-occupied primary residence, subject to credit approval, and cannot be a purchase money mortgage. For home equity lines of credit with interest only payments, offer is based upon loans $10,000 to $500,000, a loan to value up to 80% on an owner-occupied primary residence, subject to credit approval, and cannot be a purchase money mortgage. Interest only payments will convert to principal and interest payments at the end of the 10 year draw period. 2 Processing and Third Party Fees ranging from $475 to $915 will not be assessed. If a deed transfer is necessary, title insurance and attorney’s fees may be required. Get Started Today Building confidence that you're making the right decisions on your financial journey is done one day at a time, one step at a time. No matter what your financial picture looks like now, with the right partner beside you, your financial future can be bright. Talk with a lender today about the opportunity to save on your monthly mortgage payment, find a Financial Advisor near you or get in touch with our Engagement Center for general questions. 601 Philadelphia St., Indiana, PA 15701 1-800-711-BANK (2265) ATM/Branch Locations Careers Secure. Convenient. Mobile. First Commonwealth Bank proudly offers top local banking solutions in our communities of Pennsylvania and Ohio, including banks in Altoona, Canton, Cincinnati, Columbus, Indiana, Pittsburgh, State College and Williamsport. Get Started with us today NMLS# 479240Routing Number 043306826 Regulatory NoticesEmail CommunicationsTerms & ConditionsPrivacy PolicyHTML Sitemap ©2021 First Commonwealth Bank, Member FDIC