At Penn Community Bank, our team of experienced mortgage loan officers are here to walk you through every step of the process, pairing the products, rates, and terms you need with the personalized, relationship-based service you want and expect.

Thinking about renovating your home?

Making a big purchase? Consolidating debt?

Tap into your home’s equity and take advantage of our low fixed-rate home equity loans, featuring:

  • No application or appraisal fees**
  • Various convenient repayment terms available, up to 15 years
  • Fixed rate and monthly payment amount for the life of the loan
  • Financing available for up to 80% loan-to-value

Apply Today  Schedule an Appointment

Find Your Home Equity

Equity is how much of your house you actually own after you subtract debt balances. Having – and building – equity is valuable. It enables you to:

  • Borrow money for renovations, debt consolidation, or other big-ticket expenses,  through a home equity line of credit or a home equity loan.
  • Receive cash back when  you sell your house
  • Use it to fund the down payment on the next house you buy.

Find Your Home’s Equity

*Rate expressed as Annual Percentage Rate (APR) and available as of 4/16/2021 for second lien position home equity loans of $50,000 to $500,000 for up to 15 year terms and up to 80% Loan-to-Value (LTV). An example monthly principal and interest payment for a loan amount of $75,000 at 3.99% APR for a 15 year term is $554.59. Various loan term, amount and APR options are available for primary, secondary and investment residential properties, and may vary for approved loans based on creditworthiness, LTV, and other underwriting criteria. Advertised APR includes a .25% rate discount for automatic deduction of monthly home equity loan payment from a Penn Community Bank checking or savings account, which is required for .25% rate discount but not loan approval. Other rates and loan options available, but may have higher APR. All loans subject to credit review and approval. Property insurance is required. Rates and offers subject to change. Additional terms and conditions may apply. Consult a tax advisor for deductibility of interest. Ask for full details. **Fee for standard automated or drive-by appraisal waived for new home equity loan applications. Customer-requested walk-thru appraisal or additional services may incur a fee.