Home Equity Lines of Credit (HELOC) — Penn Community Bank is a home equity line of credit from Penn Community Bank. The ongoing APR is Interest rate is variable for 120 months, with APR equal to the Prime Lending Rate, as published in the most recent edition of the Wall Street Journal. At no time, will the APR be greater than 18% or lower than 0%.. Typical credit limit: $10,000 to $1,000,000. Loan terms: After the 120 months Draw period, the principal balance will then be fixed and amortized for 240 months (Repayment Period)..