Home Equity Loan and Mortgage Loan Rates for Pittsburgh Area

Current Mortgage Loan and Home Equity Loan Rates in the
Pittsburgh and Cumberland Markets

Mortgage Loan Rates  |   Construction Loan Rates  |  Hometown Loan Rates (Special!)

Home Equity Loan Rates  |  Line of Credit Rates  |   Other Loan Rates

All rates effective as of  June 29, 2022. Please note that the rates are subject to change without notice.

Fixed Mortgage Loan Rates (1-4 Family Owner Occupied)

TermInterest Rate (%)APR*(%)
10 Year Loan4.6254.812
15 Year Loan4.6254.756
20 Year Loan5.1255.230
30 Year Loan5.6255.705
Other Specific Rates and Term are Available

* Annual Percentage Rate (APR) is subject to change without notice.
The APR is accurate for a fixed rate home mortgage loan of $150,000 with a loan to value ratio (LTV) of 80%.
Higher LTV may require private mortgage (PMI) insurance, which will increase the APR.

The monthly principal and interest payment on $150,000 for 10-year is $1,563.63, 15-year is $1,157.10, 20-year is $1000.32 and 30-year is $863.48. Property insurance is required.

Construction Loans - Fixed Rates

Term Interest Rate (%)APR*(%)
30 Year Loan5.7505.930
Other Specific Rates and Term are Available

* Annual Percentage Rate (APR) is subject to change without notice.
The APR is accurate for a fixed rate home mortgage loan of $150,000 with a loan to value ratio (LTV) of 80%.

The monthly principal and interest payment on $150,000 for 30-year is $875.36. Property insurance is required.

Adjustable Rate Mortgage Loan Rates (1-4 Family Owner Occupied)

Product NameInterest Rate (%)APR*(%)
5/1 ARM4.8755.944
* Annual Percentage Rate (APR) is subject to change without notice and is based on a $150,000 loan with a loan to value ratio (LTV) of 80% at an initial interest rate of 3.500% The interest rate will adjust annually after the initial five year fixed lock-in period.
In the 6th year, the new interest rate will be based on an index (the weekly average yield for U.S. Treasury Securities adjusted to a constant maturity of one year rounded to the nearest one eighth percent), plus 3.500%.
The adjustment is limited to an increase or decrease of 2 percentage points annually. The interest rate cannot decrease to less than 3.500%.
For example, for every $1,000 borrowed at the initial interest rate of 3.000% there will be 60 fixed payments of $4.08. During the next 300 payments, the maximum amount that the interest rate can increase is 6 percentage points or 9.000% at a maximum payment of $7.87 . These payments do not include tax escrow or insurance payments.

Hometown Loan (Single family owner occupied)

TermInterest Rate (%)APR*(%)
15 Year 4.3754.708
20 Year 4.8755.142
30 Year 5.3755.577
Call us to see if you qualify for this special rate!

* Annual Percentage Rate (APR) is subject to change without notice.
The APR is accurate for a fixed rate home mortgage loan of $50,000
LTV great than 80% requires private mortgage (PMI) insurance.
The monthly principal and interest payment on $50,000 for a 15 year loan is $379.31, a 20 year loan is $326.54, and a 30 year loan is $279.99. Geographic and income restrictions apply.

Home Equity Loan

TermLoan Amount ($)Interest Rate (%)PAYMENTAPR*(%)
5 Year Loan - First Lien Position
10,000 to 500,0004.750$187.575.094
5 Year Loan - Second Lien Position
10,000 to 400,0004.750$187.575.094
7 Year Loan - First Lien Position
**SPECIAL		75,000 to
500,000		4.357$1037.534.390
10 Year Loan - First Lien Position
**SPECIAL		75,000 to 500,0004.716$785.124.740
10 Year Loan - Second Lien Position10,000 to 400,0005.125$106.685.307
15 Year Loan - First Lien Position
**SPECIAL		75,000 to 500,0004.873$588.154.890
15 Year Loan - Second Lien Position10,000 to 400,0005.375$81.055.504
*The Annual Percentage Rates (APRs) shown are subject to change without notice and are available to well qualified borrowers, including a .25% rate discount eligible with an auto-payment from a Standard Bank account. Other than the Home Equity Loan SPECIAL products, all APRs are based off of a $10,000.00 loan amount. Unless stated otherwise in the product parameters, a minimum $10,000.00 new money is required. Property must be a 1-4 family owner occupied dwelling. For Home Equity Loans, the maximum Loan to Value (LTV) or Combined Loan to Value (CLTV), behind an existing lien(s), is 90%. Auto-payment from a Standard Bank account is required to receive the .25% rate discount on all Home Equity programs. Property and Flood insurance may be required if applicable. An appraisal will be required for loan amounts of $400,000.00 or greater or if necessary to underwrite the transaction. Title Insurance is required for loan amounts of $500,000.00. Closing costs may range from $325.00 to $975.00. These figures may vary based upon property type, location, loan amount and/or if title insurance is required. Applicable recording stamps for the State of Maryland must be paid by the borrower. Loan approval is subject to underwriting.
** Home Equity Loan SPECIAL products follow the same parameters noted above, with the following exceptions: The loan must be a first lien position loan with a minimum loan size of $75,000.00. APRs for the Home Equity Loan SPECIAL products are based upon a $75,000.00 loan amount, subject to change without notice and are available to well qualified borrowers, including a .25% rate discount eligible with an auto-payment from a Standard Bank account. Purchase transaction are not eligible. The Home Equity Loan SPECIAL product cannot be utilized to payoff an existing Standard Bank loan or line of credit and requires 100% new money. The maximum Loan to Value (LTV) is 85. Loan approval is subject to underwriting with a maximum debt to income (DTI) ratio of 45%.

Interest Only - Home Equity Line of Credit

Loan Amount ($)*Interest Rate
$10,000 to $400,000Prime Rate Minus .25%
SPECIAL > .99% for 6 months!
* The Annual Percentage Rate (APR) shown is accurate as of 1/10/22. Both the introductory rate of .99% for the first six months and the APR are available to well qualified borrowers for line amounts of $10,000 to $400,000. Subject to change without notice. APR is calculated on a $10,000 loan amount and includes a 1/4% discount with auto-payment established from a Standard Bank checking or savings account. The HELOC is not available for the refinance of an existing Standard Bank loan, line, or mortgage unless the refinance includes $5,000 or more of new money available or advanced. Rate is variable based on Prime and is for maximum ratios of 80% loan-to-value and 50% debt-to-income. The maximum APR over the life of the loan cannot exceed 18.00%. Available for first and second lien position and one to four family owner-occupied property only. Property insurance is required and Flood insurance may be required. An appraisal may be required. If required, the appraisal fee will range from $75 - $575. The $50 annual fee will be waived in the first year. Closing Costs may range from $325.00 to $975.00. These figures may vary based upon property type, location, loan amount and if title insurance is required. Applicable recording stamps for the State of Maryland must be paid by the borrower. Approval is subject to Standard Bank underwriting. NMLS #441399 Equal Housing Lender. Member FDIC.

Other Products

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