PenFed Credit Union Mortgage Rates
open nationallyOpen nationally — Open to anyone — most members join via the Voices for America's Troops sponsorship.
Current posted rates
Scraped weekly from PenFed Credit Union's public rate sheet. Lowest purchase rate per product shown.
| Loan | Term | Rate | APR | Points | Est. 5-yr cost | As of |
|---|---|---|---|---|---|---|
| Conventional | 30-yr | 7.000% | 7.192% | 1.13 | $164,193 | 6d ago |
| FHA | 30-yr | 6.500% | 7.441% | 1.38 | $157,216 | 6d ago |
| VA | 30-yr | 6.625% | 6.917% | 1.00 | $157,675 | 6d ago |
| Jumbo | 30-yr | 7.125% | 7.255% | 1.00 | $165,692 | 6d ago |
Posted rates are PenFed Credit Union's advertised numbers and assume their fine-print conditions (credit, LTV, points). "Est. 5-yr cost" = points paid upfront plus principal & interest over 5 years on a $400,000 loan, so you can compare a rate's true cost including its points — use the calculator for your own numbers. Your quote may differ. Not financial advice.
How to actually get this rate
A posted rate is a starting point, not a guarantee. Here's the real path.
- 1Confirm you can join PenFed Credit Union
You must be a member to get a loan. Check the eligibility path — many credit unions let anyone join through a small association donation. See how to join →
- 2Get pre-approved — and shop 2–3 lenders
Pre-approval tells you the rate you actually qualify for (the posted rate assumes strong credit and 20% down). It doesn't lock you in or cost anything, and rate-shopping within a ~45-day window counts as a single credit inquiry — so get quotes from this credit union and a couple of others before deciding.
- 3Have your paperwork ready
Speeds up pre-approval: recent pay stubs (last 30 days), W-2s and tax returns (last 2 years), bank/asset statements (last 2 months), and a photo ID. Self-employed? Add profit-and-loss statements.
Got a quote already? See how it compares to real borrowers — or use the calculator to price your monthly payment. Not financial advice.
Rate history
Conventional 30-yr purchase, best posted tier per rate sheet. Collected weekly by RatePerch since we began tracking PenFed Credit Union.
About this page
RatePerch independently scrapes PenFed Credit Union's public rate sheet every Sunday and archives every change — we have no referral, advertising, or lead-generation relationship with PenFed Credit Union or any lender. Spot an eligibility error? Report it from the directory. Full methodology on the methodology page.