FHA LOANS

¹Rates are updated daily 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% which may be waived for a 0.25% increase in interest rate.

Areas designated as "high-cost" are based on an area's median home values.  These geographical areas will have conforming limits above $726,200 and the maximum total loan amount, at or under, $1,089,200.

If you withdraw an application that was locked and reapply within 30 days, the new application is subject to worst case pricing.

Points are the responsibility of the borrower and not covered in promotions.

To receive any advertised product you must become a member of PenFed.