FHA Loan rates starting at % (APR %)¹
Affordable home ownership.
As little as 3.5% down
620+ credit score
The calculator above is for educational purposes only. Your actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing a loan.
1Except for holidays, rates are updated Monday through Friday at 10:15am EST. The advertised rates and points are subject to change. The information provided is based on discount point, which equals percent of the loan amount, and assumes the purpose of the loan is to purchase a property with a 30-year, conforming, fixed-rate loan. Loan amount of $400,000; loan-to-value ratio of 96.5%; credit score of 760; and DTI of 18% or less. The property is an existing single-family home and will be used as a primary residence. The advertised rates are based on certain assumptions and loan scenarios, and the rate you may receive will depend on your individual circumstances, including your credit history, loan amount, down payment, and our internal credit criteria. Other rates, points, and terms may be available. All loans are subject to credit and property approval.
Rates quoted require a loan origination fee of 1%; not to exceed $5,000. Speak to a PenFed Mortgage Loan Officer for additional details.
Maximum loan amounts are subject to FHA loan limits and dependent on the number of units.
Points are the responsibility of the borrower and not covered in promotions.
To receive any advertised product you must become a member of PenFed.