# First Commonwealth Bank

> **Canonical URL:** https://saferate.com/lenders/first-commonwealth-bank


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


First Commonwealth Bank is a bank, headquartered in Indiana, PA, serving borrowers across 9 states, with 1,245 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 38% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 21% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** VN1JLT1F3FLLVN3FZG89
- **Headquarters:** Indiana, PA
- **Geographic Reach:** Multi-Region
- **States Served:** 9
- **State List:** FL, IL, IN, KY, NC, OH, PA, SC, WV
- **Markets (MSAs):** 12
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 62/100
- Rating: ●●●●○ (4/5)

### Pull Through: Strong 😀
- Score: 79/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.286%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $976
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 1,245
- **Dollar Volume:** $273 million
- **Applications Received:** 1,668
- **Market Share:** 3.00%

## Typical Borrower Profile

- **Average Loan Amount:** $219,177
- **Average Borrower Income:** $115,450
- **Average Property Value:** $299,980

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (70%)
- ⭐ **FHA Gold Superstar** (70%)
- ⭐ **Purchase Gold Superstar** (70%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 81/100 | 1,110 | +0.292% | $976 | Exceptional 🤩 |
| FHA | 71/100 | 90 | +0.399% | $960 | Strong 😀 |
| VA | 60/100 | 23 | -0.607% | $1,135 | Sound ☺️ |
| USDA | 75/100 | 20 | +0.293% | $883 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 903 loans, Score: 80/100 (Strong)
- Refinance: 207 loans, Score: 78/100 (Strong)

**FHA:**
- Purchase: 88 loans, Score: 72/100 (Strong)

**VA:**
- Purchase: 23 loans, Score: 61/100 (Strong)

**USDA:**
- Purchase: 20 loans, Score: 75/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 79/100 | 1,036 | $243M | +0.232% | Strong 😀 |
| Refinance | 76/100 | 209 | $30M | +0.502% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| PA | 789 | 0.65% | 87/100 |
| OH | 414 | 0.31% | 76/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Pittsburgh, PA | PA | 422 | 91/100 |
| Non |  | 222 | 63/100 |
| Johnstown, PA | PA | 118 | 100/100 |
| Columbus, OH | OH | 93 | 68/100 |
| Akron, OH | OH | 92 | 74/100 |
| Canton | OH | 73 | 72/100 |
| Altoona, PA | PA | 59 | 92/100 |
| Cleveland, OH | OH | 56 | 61/100 |
| Youngstown | OH | 41 | 61/100 |
| Cincinnati, OH |  | 13 | 42/100 |
| Williamsport, PA | PA | 13 | 48/100 |
| Harrisburg | PA | 10 | 41/100 |

## Where This Lender Ranks

First Commonwealth Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Pennsylvania for USDA Loans (Banks)
  - [View Full Rankings](https://saferate.com/pennsylvania/best-mortgage-lenders/banks/usda-loans)
- 🥇 **#1** in Pittsburgh, PA for USDA Loans (Banks)
  - [View Full Rankings](https://saferate.com/pittsburgh-pa/best-mortgage-lenders/banks/usda-loans)
- 🥇 **#1** in Johnstown, PA
  - [View Full Rankings](https://saferate.com/johnstown-pa/best-mortgage-lenders)
- 🥇 **#1** in Johnstown, PA Banks
  - [View Full Rankings](https://saferate.com/johnstown-pa/best-mortgage-lenders/banks)
- 🥇 **#1** in Johnstown, PA for FHA Loans
  - [View Full Rankings](https://saferate.com/johnstown-pa/best-mortgage-lenders/fha-loans)
- 🥇 **#1** in Johnstown, PA for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/johnstown-pa/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Altoona, PA
  - [View Full Rankings](https://saferate.com/altoona-pa/best-mortgage-lenders)
- 🥇 **#1** in Altoona, PA Banks
  - [View Full Rankings](https://saferate.com/altoona-pa/best-mortgage-lenders/banks)
- 🥇 **#1** in Altoona, PA for FHA Loans
  - [View Full Rankings](https://saferate.com/altoona-pa/best-mortgage-lenders/fha-loans)
- 🥇 **#1** in Altoona, PA for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/altoona-pa/best-mortgage-lenders/banks/fha-loans)
- 🥈 **#2** in Pittsburgh, PA for USDA Loans
  - [View Full Rankings](https://saferate.com/pittsburgh-pa/best-mortgage-lenders/usda-loans)
- 🥈 **#2** in Canton
  - [View Full Rankings](https://saferate.com/canton/best-mortgage-lenders)
- 🥈 **#2** in Canton Banks
  - [View Full Rankings](https://saferate.com/canton/best-mortgage-lenders/banks)
- 🥈 **#2** in Canton for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/canton/best-mortgage-lenders/banks/fha-loans)
- 🥈 **#2** in Altoona, PA for Conventional Loans
  - [View Full Rankings](https://saferate.com/altoona-pa/best-mortgage-lenders/conventional-loans)
- 🥈 **#2** in Altoona, PA for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/altoona-pa/best-mortgage-lenders/banks/conventional-loans)
- 🥈 **#2** in Youngstown Banks
  - [View Full Rankings](https://saferate.com/youngstown/best-mortgage-lenders/banks)
- 🥈 **#2** in Youngstown for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/youngstown/best-mortgage-lenders/banks/fha-loans)
- 🥉 **#3** in Johnstown, PA for Conventional Loans
  - [View Full Rankings](https://saferate.com/johnstown-pa/best-mortgage-lenders/conventional-loans)
- 🥉 **#3** in Johnstown, PA for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/johnstown-pa/best-mortgage-lenders/banks/conventional-loans)

## Frequently Asked Questions

### What loan types does First Commonwealth Bank offer?

First Commonwealth Bank offers the following mortgage loan types: FHA, Conventional, VA, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does First Commonwealth Bank offer mortgages?

First Commonwealth Bank offers mortgages in 9 states: FL, IL, IN, KY, NC, OH, PA, SC, WV.

### How competitive are First Commonwealth Bank's mortgage rates?

First Commonwealth Bank has a pricing score of 62/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.286% above market average.

### What type of lender is First Commonwealth Bank?

First Commonwealth Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Indiana, PA.

### What is First Commonwealth Bank's loan approval success rate?

First Commonwealth Bank has a pull-through score of 79/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

---

## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/first-commonwealth-bank

### How to Cite

> "First Commonwealth Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/first-commonwealth-bank

---

**[View Interactive Profile →](https://saferate.com/lenders/first-commonwealth-bank)**