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Find the Mortgage Rate You Need
Current Home Purchase Mortgage Rates
Advertised purchase rates represent specific loan scenarios and may not be the rate available to every borrower. Your approved pricing can vary based on creditworthiness, loan-to-value, occupancy, down payment, property details, and other underwriting factors.
| Purchase | Rate1 | APR1 |
|---|---|---|
| 30-Year Fixed | 6.625% | 6.790% |
| 15-Year Fixed | 5.875% | 6.134% |
Current Mortgage Refinance Rates
Mortgage refinance rates may differ from purchase rates. Your available rate and APR depend on factors including the existing mortgage, property value, equity, credit profile, requested loan amount, and refinance purpose.
| Refinance | Rate2 | APR2 |
|---|---|---|
| 30-Year Fixed | 6.750% | 6.931% |
| 15-Year Fixed | 6.125% | 6.412% |
Specialty Mortgage Rates
| Jumbo | Rate3 | APR3 |
|---|---|---|
| 30-Year Fixed | 6.625% | 6.773% |
| 15-Year Fixed | 5.875% | 6.105% |
Construction Loan Rates
You have a floor plan in mind. You know exactly what features you want in every room. 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.
| Construction | Rate9 | APR9 |
|---|---|---|
| 30-Year Fixed | 6.875% | 7.038% |
Home Equity Loan and HELOC Rates
A fixed-rate Home Equity Loan and a variable-rate Home Equity Line of Credit work differently. Use the dedicated Home Equity page to compare borrowing structures, repayment, eligibility, and application requirements.
Explore Home Equity FinancingUnderstanding Mortgage Rates and APR
The interest rate represents the cost of borrowing expressed as a percentage. APR, or Annual Percentage Rate, provides a broader measure of borrowing cost and may incorporate certain finance charges associated with the loan. Because of those additional costs, APR may be higher than the stated interest rate.
Other Important Definitions
Rate: The interest rate is the percentage a lender charges for borrowing money. It affects how much interest you’ll pay over the life of the loan
APR: APR, or Annual Percentage Rate, reflects the broader cost of borrowing and may include certain fees in addition to interest. Because of that, APR can be higher than the stated interest rate.
Rate Lock: A rate lock is an agreement that holds a specific mortgage interest rate for a set period of time while your loan is being processed, as long as the loan closes within the lock period and the terms do not change.
As-low-as rate: An as-low-as rate is the lowest advertised interest rate available to borrowers who meet certain qualifications. Your actual rate may be higher based on factors such as creditworthiness, loan amount, loan term, and other lending criteria.
What Can Affect Your Mortgage Rate?
- Creditworthiness
- Loan-to-value
- Down payment or retained equity
- Loan purpose
- Property type
- Occupancy
- Loan amount
- Mortgage program
- Repayment term
- Current market conditions
How to Get Started With a P1FCU Mortgage
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Decide whether you are buying, refinancing, building, or considering another mortgage option.
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Review the current rate category that matches your goal.
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Explore the corresponding P1FCU mortgage product.
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Gather the financial and property information required for an application.
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Start the mortgage application or contact a mortgage specialist.
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Review your approved rate, APR, loan terms, estimated costs, and disclosures.
Frequently Asked Questions About Mortgage Rates
What are P1FCU's current Mortgage Rates?
P1FCU publishes current rates for purchase, refinance, jumbo, physician, FHA, VA, construction, home equity, and HELOC financing. Rates are subject to change and the rate available to an individual borrower may differ from the advertised rate. To select the rate you're looking for, click below.
What is the difference between Mortgage Rate and APR?
The interest rate represents the stated cost of borrowing, while APR provides a broader measure that can include certain finance charges associated with the mortgage.
Why might my Mortgage Rate be different from the rate shown online?
Rates may vary based on factors such as creditworthiness, loan-to-value, occupancy, loan purpose, and other loan-specific criteria.
Does P1FCU offer 15-year and 30-year fixed mortgages?
Yes, P1FCU offers 15-year and 30-year fixed rate mortgages. We offer a full suite of Mortgage Loan Products. To check out each of them and today's rates, click below.
Are refinance rates different from purchase rates?
Yes, P1FCU offers different rates for both refinance and purchases. To find current rates for both loans. Click below.
Does P1FCU publish FHA and VA Mortgage rates?
Yes, P1FCU publishes FHA and VA Mortgage Rates. See today's rates by clicking below.
FHA Loan Rate
Does P1FCU publish Jumbo Mortgage Rates?
Yes, P1FCU publishes Jumbo Mortgage Rates. See today's rates by clicking below.
Jumbo Mortgage Rates
How long can I lock my Mortgage Rate?
P1FCU typically offers rate lock for up to 90 days. This is subject to change based on current promotions or agreements with the P1FCU Mortgage Department.
Where can I find a Mortgage Lender near me?
P1FCU has Mortgage Loan Officers throughout the Northwest. To find your nearest Loan Officer or get in contact with our remote team, click below.
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 are based off a down payment of 25%. The rate lock period is 45 days and the assumed credit score is 780 or greater.
A fixed rate loan for $300,000 for 30 years at 6.625% interest and 6.790% APR will have an estimated 360 monthly payments of $1440.70
A fixed rate loan for $300,000 for 30 years at 6.625% interest and 6.790% APR will have an estimated 360 monthly payments of $1440.70
A fixed rate loan for $300,000 for 15 years at 5.875% interest and 6.134% APR will have an estimated 180 monthly payments of $1883.52.
Taxes and insurance not included; therefore, the actual payment obligation will be greater. All loans subject to credit approval.
Taxes and insurance not included; therefore, the actual payment obligation will be greater. All loans subject to credit approval.
2 The 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% retention of equity in the property. 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 360 monthly payments of $1459.35.
A fixed rate loan for 15 years at 6.125% interest and 6.412% APR will have an estimated 180 monthly payments of $1913.91
Taxes and insurance not included; therefore, the actual payment obligation will be greater. All loans subject to credit approval.
3 The rate shown for the Jumbo Fixed loan assumes a loan amount of $850,000 for a purchase of single-family primary residence, a borrower credit score of 780 or higher, with an origination fee of 1% and a down payment of 25% or more. Payments provided below for the jumbo fixed reflect an estimated property value of $1,135,000 and a loan amount of $850,000.
A fixed rate loan for $850,000 for 30 years at 6.625% interest and 6.773% APR will have an estimated 360 monthly payments of $5442.64.
A fixed rate loan for $850,000 for 15 years at 5.875% interest and 6.105% APR will have an estimated 180 monthly payments of $7115.51.
Taxes and insurance not included; therefore, the actual payment obligation will be greater. All loans subject to credit approval.
A fixed rate loan of $300,000 for 30 years at 6.625% interest and 6.780% APR will have an estimated 360 monthly payments of $1920.93.
A fixed rate loan of $300,000 for 15 years at 5.875% interest and 6.118% APR will have an estimated 180 monthly payments of $2511.36.
Taxes and insurance not included; therefore, the actual payment obligation will be greater. All loans subject to credit approval.
5 The information provided assumes the purpose of the loan is to finance the equity in an already owned property. The payment examples below are for a property that is an existing single family home valued at $125,000 and will be used as a primary residence. An escrow (impound) account will not be established. Payment examples below include a 20% retention of equity in the property. The assumed credit score is 730 or greater.
A fixed rate loan for $100,000 for 15 years at 7.750% interest and 7.970% APR will have an estimated 180 monthly payments of $941.28.
A fixed rate loan for $100,000 for 10 years at 7.500% interest and 7.802% APR will have an estimated 120 monthly payments of $1187.02.
A fixed rate loan for $100,000 for 5 years at 7.250% interest and 7.803% APR will have an estimated 60 monthly payments of $1991.94.
Taxes and insurance not included; therefore, the actual payment obligation will be greater. All loans subject to credit approval. The closing costs depend on the location of the property, property type, and the amount of the Equity Loan. Closing costs are costs paid to third parties rather than an application or origination fee retained by P1FCU.
Taxes and insurance not included; therefore, the actual payment obligation will be greater. All loans subject to credit approval. The closing costs depend on the location of the property, property type, and the amount of the Equity Loan. Closing costs are costs paid to third parties rather than an application or origination fee retained by P1FCU.
6 The Variable Annual Percentage Rate (APR) is based on the Prime Rate as published in the Wall Street Journal plus a margin, and will range from 7.00% APR to 18.00% APR. Some restrictions may apply. Actual APR based on creditworthiness and loan amount. Rates subject to change. Property Insurance is required. Membership required—based on eligibility.
All loans subject to credit approval. The closing costs depend on the location of the property, property type, and the amount of the Equity Line. Closing costs are costs paid to third parties rather than an application or origination fee retained by P1FCU. Fees paid by the borrower, for example, include appraisal, title, credit report, flood determination, and range between $0-$2,500.
7Purchase loan scenario. Refinance rates may be higher. The information provided assumes the purpose of the loan is to purchase a property 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 with 3.5% down payment. FHA loans require up front mortgage insurance premium (UFMIP) and monthly mortgage insurance premium. The UFMIP can be financed into the loan amount. The maximum FHA loan varies based on the county in which the subject property is located. The payments provided reflect the UFMIP being financed for a fixed rate FHA mortgage with an adjusted loan amount of $294,566. An escrow (impound) account will be established. The rate lock period is 45 days and the assumed credit score is 780 or greater.
Payment example for a FHA fixed rate loan for $294,566 for 30 years at 5.990% interest rates and 6.843% APR will have an estimated 360 monthly payments of $1764.18.
Payment example for a FHA fixed rate loan for $294,566 for 15 years at 5.375% interest rates and 6.267% APR will have an estimated 180 monthly payments of $2387.36.
8Purchase loan scenario. Refinance rates may be higher. The information provided assumes the purpose of the loan is to purchase a property 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 with no down payment. VA loans require a VA funding fee that can be financed. The maximum VA loan varies based on the amount of the veteran’s entitlement. The payments provided reflect the funding fee being financed for a fixed rate VA mortgage with an adjusted loan amount of $306,450.00. An escrow (impound) account will be established. The rate lock period is 45 days and the assumed credit score is 780 or greater.
Payment example for a VA fixed rate loan for $306,450 for 30 years at 5.990% interest rates and 6.296% APR will have an estimated 360 monthly payments of $1835.36.
Payment example for a VA fixed rate loan for $306,450 for 15 years at 5.375% interest rates and 5.893% APR will have an estimated 180 monthly payments of $2483.68.
Taxes and insurance are not included in the payment examples above; therefore, the actual payment obligation will be greater. All loans subject to credit approval.
9The information provided assumes the purpose of the loan is for new construction, is located in Idaho, and is within Nez Perce County. The property is valued at $500,000 and will be used as a primary residence. An escrow (impound) account will not be established in this scenario. Payment examples below are based off a down payment of 20%. The rate lock period is 45 days and the assumed credit score is 780 or greater. 12 months interest only payments during construction followed by fully amortized P&I payments for 30 years. Interest on the amount of credit outstanding during the construction period will be paid monthly.
A One-Close Construction fixed rate loan for $400,000 for 30 years at 6.875% interest rate and 7.038% APR will have an estimated monthly interest only payment of $1148.97 based on $200,000 advanced, for payment number 1-12, and an estimated monthly payment of $2627.72 for payment number 13-360.
A One-Close Construction fixed rate loan for $400,000 for 30 years at 6.875% interest rate and 7.038% APR will have an estimated monthly interest only payment of $1148.97 based on $200,000 advanced, for payment number 1-12, and an estimated monthly payment of $2627.72 for payment number 13-360.
Taxes and insurance not included therefore; the actual payment obligation will be greater. All loans subject to credit approval.