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 1.0 discount point, which equals 1.0 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 75%; 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.

Some products quoted may require a loan origination fee.

²Members are eligible to receive the lender-paid closing credit when their transaction is completed with both PenFed mortgage and the qualified PenFed real estate network agent to purchase their new home, subject to qualification and approval. Offer valid for completed purchase applications received on or after April 3, 2025. Member must use the qualified PenFed real estate network agent assigned to member to close their real estate transaction. If member has already closed on a property or is currently using, and wishes to continue using, an unqualified PenFed real estate network agent, member will not qualify for this benefit. Lender-paid closing cost credits include: loan origination fee, appraisal fee, tax service fee, flood certification fee, credit report fee, soft credit report fee, and escrow waiver pricing adjustment, if applicable. Members can obtain lender and real estate services separately, but the lender-paid closing credit will not apply. The seller and/or other credits must be reduced if the loan has reached the maximum allowable credit limit per the loan product. Terms and conditions subject to change without notice. Conditions and exclusions apply. This is not a commitment to lend.

³Available for qualified participants and properties. Subject to terms and conditions.

⁴Power Buyer Certification is contingent on a full underwriting review and approval of loan documentation and other creditworthiness conditions. Offering is subject to change at any time; some loan programs may be excluded. Talk to a PenFed Mortgage Loan Officer for additional details.

⁵Power Buyer Lock While You Shop is applicable to first mortgage pre-approval home purchases that have received approve/eligible finding. Not applicable on HELOC or refinance transactions. To ensure timely closing within the rate lock period, the borrower should provide an executed sales contract and full property address to PenFed within the initial 30 days of the lock period. Extending a rate lock is subject to applicable rate extension fees to be paid at closing. Offering is subject to change at any time; some loan programs may be excluded. Talk to a PenFed Mortgage Loan Officer for additional details.

⁶PenFed Credit Union does not represent, nor warrant, any services members purchase through the Househappy® platform of service providers. Any purchases members make through the Househappy® platform are the sole responsibility of the member. HouseHappy® service offerings in Puerto Rico and Guam are more limited and home care service providers are not available in these territories at this time. PenFed will not pay for, nor will it reimburse for, any services purchased through Househappy® and its service providers. Details on these Terms can be found here.

Terms of Use • Househappy®
Househappy allows you to take care of all your home project needs with a simple phone call or click. Your home's information is stored and always available to you through your Househappy account.

⁷PenFed Credit Union does not represent, nor warrant, any home security systems and/or home security plans members purchase through SimpliSafe. Any purchases made through SimpliSafe are the sole responsibility of the member. Information you provide to SimpliSafe is subject to SimpliSafe’s privacy policy and website terms of use, and may be shared with Pentagon Federal Credit Union. PenFed will not pay for, nor will it reimburse for, any home security systems and/or plans purchased through SimpliSafe. Details on these Terms of Use can be found here.

To receive the advertised product, you must become a member of PenFed Credit Union, which is federally insured by the NCUA.