Fixed 30 Year1
as Low as
Rate: 6.625%
0.000% POINTS
Mortgage and Home Loan Options for Buying or Refinancing
Whether you are buying a home or considering a refinance, P1FCU can help you explore available mortgage options, review current rates, and understand the steps from application through closing.
Are You Buying a Home or Refinancing?
Buying a home
Our team of expert lenders is here to help you through the process of purchasing your dream home, from contract to close. With affordable rates and local decision-making, we're here to help you get your keys for your new home.
Refinancing
Is it time for a change? Refinances open a world of opportunity to homeowners who are ready to replace their existing mortgage with a new loan. Whether you are looking to lock in a lower fixed interest rate, remove PMI, or pull cash out of your home's equity, P1FCU can help you through the refinance process.
Check out our rates
Fixed 15 Year1
as Low as
as Low as
Rate: 5.875%
0.000% POINTS
30 Year Fixed Rate2 Refinance as low as
Rate: 6.750%
0.000% POINTS
15 Year Fixed Rate2 Refinance as low as
Rate: 6.125%
0.000% POINTS
Conventional Fixed Rate
Construction & Lot
Physician
Jumbo
Manufactured Home
Refinance
FHA
VA
Take the first step toward your big purchase.
From buying your first home to moving into a larger space, purchasing a second home or an investment property, a conventional loan will help you make your purchase.
This Loan Would be a Great Fit For:
- Long-term Homeowners
-
Budget-Conscious Buyers
Affordable rates and timely financing.
You have a floor plan in mind. You know exactly what features you want in every room. And you have a contractor ready to make it all happen. We can provide the financing that helps make dream homes come true. Our team of expert lenders and administrators is here to ensure your construction loan process is as smooth as possible.
This Loan Would be a Great Fit For:
-
Buyers who want to build a custom home
-
Have found a specific plot of land and have a building plan
-
Strong financial credentials
Financing specifically for healthcare providers.
Our Physician Home Loan is designed for medical professionals, offering up to 100% financing, no mortgage insurance, and flexible underwriting tailored to the unique needs of a medical career.
Licensed Medical Residents, Physician Assistants, Nurse Practitioners, Fellows, Medical Physicians, Doctors of Osteopathic Medicine, Dentists, Podiatrists, Optometrists, Chiropractors, and Veterinarians are eligible.
This Loan Would be a Great Fit For:
- Medical Residents and Fellows
-
Recent Graduates and New Attendings
-
Buyers with Minimal Downpayments
Affordable financing for large purchases.
Are you purchasing a bigger home or moving to a more expensive market? We provide affordable and timely financing for larger purchases.
This Loan Would be a Great Fit For:
-
Buyers looking at high-value homes
-
Buyers looking in high-cost areas
Financing for every type of home.
Whether you're placing a manufactured home on land you already own or leasing space in a community, our expert lending team is here to help. We offer affordable, timely financing to get you into your new home, on your terms.
This Loan Would be a Great Fit For:
-
Low to Moderate Income Buyers
-
The home must be classified as real estate
Refinance with cash out, to lower your payment, or your rate.
Is it time for a change? Refinances open a world of opportunity to homeowners who are ready to replace their existing mortgage with a new loan. Whether you are looking to lock in a lower fixed interest rate, remove PMI, or pull cash out of your home's equity, P1FCU can help you through the refinance process.
This Loan Would be a Great Fit For:
-
Buyers seeking a lower interest rate
-
Buyers who want to change their loan term
Loans backed by the Federal Housing Administration.
Homeownership is a game-changing step in your financial journey. It means every payment is an investment in your future. Our FHA loans can make homeownership a possibility for many borrowers who may not qualify for conventional financing.
Schedule an appointment with one of our lenders to talk through your options for financing today.
This Loan Would be a Great Fit For:
-
Limited down payment
-
Buyers with higher debt
Purchase your dream home with little to no down payment and competitive interest rates.
VA Loans are backed by the Department of Veterans Affairs and can make homeownership achievable with convenient financing options. Our lending team is here to guide you through the process every step of the way. Schedule an appointment with one of our lenders to talk through your options for financing today.
This Loan Would be a Great Fit For:
-
Veteran, active-duty service member, or qualifying surviving spouse
-
Those looking to buy or refinance a primary residence
Mortgage Payment Calculator
How much will my payment be?
Use this calculator to estimate how much your monthly payment will be. You can put in the purchase price and down payment to see how much a monthly payment will be with the above interest rates.3
Fixed Rate
Perfect for purchasing your dream home.
Jumbo
Finance a purchase that exceeds the conforming loan limit with our Jumbo Loan.
Construction
Build your dream home with our timely construction lending team.
FHA
Flexible down payment and credit score options to make purchasing a home possible for everyone.
Refinance
Is it time for you to refinance to get cash out or lower your payment?
Buying Your First Home
It can be hard to know where to start as a first time home buyer. Check out our first time home buyer's guide to get the insight you need to start on the right path.
A first home purchase can involve several decisions before an offer is made. If you’ve been thinking about buying a home but you’re not sure you’re ready, here are some signs that homeownership is the right next step for you.
1. You have a savings for a down payment
While there are several options for first time home buyers for down payments, having a savings for a down payment will make the process easier. Furthermore, once you purchase your home, you’ll find you will have additional expenses like improvements, furniture purchases, landscaping, and more that come up that you’ll need to pay for.
2. Your credit score is in good shape
Focusing on your credit score to make sure it’s in the good to excellent ranges will help you secure a better interest rate when you apply for your loan.
3. You’re planning to stay in the same place for a while
When you purchase a home, you also have to pay your closing costs, which you don’t get back. If you see yourself moving soon, you’ll just have to pay your closing costs again when you move.
4. You’re ready for the responsibility of homeownership
Owning a home is a big commitment. When you purchase a home, the reality is that you'll be taking on a large amount of debt that you'll have to commit yourself to making monthly payments towards. It’s not as easy to sell a home as it is to break a lease.
Mortgage Rates, Payments, and Closing Costs
Mortgage pricing depends on the loan program, term, property, borrower qualifications, and market conditions. Review current P1FCU mortgage rates and evaluate the estimated payment and closing costs before choosing a loan.
What to Expect During the Mortgage Process
1. Discuss your goals and available mortgage options.
2. Submit an application and required documentation.
3. Complete property, title, and underwriting requirements.
4. Review the approved loan terms and closing disclosure.
5. Complete closing and receive final loan documentation.
Why Choose P1FCU for a Home Loan?
Mortgage guidance
You can set up an appointment with one of our Mortgage Loan Officers, check out our First Time Home Buyer's Guide or apply for a mortgage online.
Purchase and refinance options
We offer Conventional, Construction, Physician, Jumbo, Manufactured Home, FHA, and VA loans plus Mortgage Refinance loans. Our Mortgage Loan Officers can help explain all the options to find the right fit.
Local and digital access
As a P1FCU member, you have access to 27 P1FCU branches, video banking, digital banking, and our member-support channels.
Member-focused service
With our member-owned structure and commitment to putting our members first, you will receive personalized, relationship-focused service.
How to Get Started With a P1FCU Mortgage
1. Review current mortgage rates and available loan options.
2. Decide whether you are buying or refinancing.
3. Gather the financial and property information P1FCU requires.
4. Start the application or contact a mortgage specialist.
5. Review the loan terms and complete required closing steps.
Start a Mortgage Application
Frequently Asked Questions
What mortgage options does P1FCU offer?
P1FCU offers Conventional Mortgages, Construction and Lot Loans, Physician Loans, Jumbo Loans, Manufactured Home Loans, Mortgage Refinance Loans, and FHA/VA Loans. To find out more about the mortgage options P1FCU offers contact one of our Mortgage Loan Officers.
Can I get preapproved before shopping for a home?
Yes, pre-approval provides valuable information and advantages:
- See how much mortgage you can afford
- Become an attractive applicant with a more secure financing plan
- Increase your negotiation and bargaining power
- Speed up the closing process, since most of your financial information is already collected
Can I refinance my current mortgage with P1FCU?
Whether you are looking to lock in a lower fixed interest rate, remove PMI, or pull cash out of your home's equity, P1FCU can help you through the refinance process.
What information do I need for a mortgage application?
- Most recent 2 years of federal tax returns
- Most recent W2
- Most recent pay stubs
- Most recent 2 months of bank statements
Other documents may be required based on your individual situation. Please contact one of our Mortgage Loan Officers for additional documents you may require.
How long does the mortgage process take?
On average the mortgage process takes 52 days.
Does P1FCU offer resources for first time homebuyers?
Yes, the best way to find out what resources are available for first time homebuyers is our First Time Home Buyer's Guide or contact one of our Mortgage Loan Officers.
Can anyone join P1FCU?
Credit unions have special membership eligibility requirements. To see if you're eligible for membership, visit Membership Eligibility.
How do I become a member?
You can easily open your account online or by visiting your closest branch. You'll need the following items in order to open your account:
- Driver's License, Passport, Military ID or State ID
- U.S. Social Security Number
- U.S. Citizenship or Resident Alien Status
- Account information for accounts that you would like to close and transfer to P1FCU.
To see if you're eligible for membership, visit Membership Eligibility.
Disclosures
Rates Section 1 Rate 1 Disclosure Rates Section 1 Rate 2 Disclosure Rates Section 1 Rate 3 Disclosure Rates Section 1 Rate 4 Disclosure Rates Section 2 Rate 1 Disclosure Rates Section 2 Rate 2 Disclosure
Rates Section 2 Rate 3 Disclosure
Rates Section 2 Rate 4 Disclosure
APR = Annual Percentage Rate. These rate offers are effective 09/03/2026 and subject to change. Rates displayed are the "as low as" rates for purchase loans and refinances. Rates are based on creditworthiness, loan-to-value (LTV), occupancy, and loan purpose, so your rate and terms may differ. All loans subject to credit approval. Rates are subject to change without notice.
1 The information provided assumes the purpose of the loan is to purchase a property, the property is located in Idaho, and is within Nez Perce County. The property is an existing single family home valued at $300,000 and will be used as a primary residence. An escrow (impound) account will not be established. Loans with a down payment of less than 20% may require mortgage insurance which could increase the APR and payment amount. Payment examples below include a 25% retention of equity in the property. The rate lock period is 45 days and the assumed credit score is 780 or greater.
A fixed rate loan for $225,000 for 30 years at 6.625% interest and 6.790% APR will have an estimated monthly payment of $1440.70.
A fixed rate loan for $225,000 for 15 years at 5.875% interest and 6.134% APR will have an estimated monthly payment of $1883.52.
Taxes and insurance not included; therefore, the actual payment obligation will be greater. All loans subject to credit approval.
2The information provided assumes the purpose of the loan is to refinance an existing mortgage, with a loan amount of $225,000 and an estimated property value of $300,000. Payment examples below include a 25% down payment. The property is located in ID and is within Nez Perce county. The property is an existing single family home and will be used as a primary residence. An escrow (impound) account will not be established. The rate lock period is 45 days and the assumed credit score is 780 or greater.
A fixed rate loan for 30 years at 6.750% interest and 6.931% APR will have an estimated monthly payment of $1459.35.
A fixed rate loan for 15 years at 6.125% interest and 6.412% APR will have an estimated monthly payment of $1913.91.
Taxes and insurance not included; therefore, the actual payment obligation will be greater. All loans subject to credit approval.
3 Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy regarding your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.