Payette, ID Mortgage Rates and Refinance Rates

Mortgages in Payette, ID: Find the best Payette, ID mortgage rates today from banks and credit unions. When results are displayed for mortgage rates in Payette, ID, you can easily sort your search results by lender, rate, APR and points so you can easily compare results. Whether you’re looking for conforming, jumbo, adjustable or interest-only mortgage rates in Payette, ID. Another option is searching for Payette, ID refinance rates if you're looking to refinance a loan. Best of all you don't have to provide any personal information to see a list of Payette, ID mortgage rates or refinance rates.

Search and Compare Payette, ID Mortgage Rates & Refinance Rates

Payette, Idaho Conforming Mortgage Rates and Refinance Rates

Conforming home mortgage rates in Payette, ID are the most popular type of mortgages rates you can find advertised for home buyers in Payette, ID. Conforming mortgages, also known as conventional mortgages, are mortgages that meet certain criteria set out by Federal Housing Finance Agency (FHFA). There is a loan limit set for each county in the United States. Higher mortgage loan limits are set for high housing cost areas. Payette, ID mortgages that 'conform' to the standards set out by the Federal Housing Finance Agency can be purchased by government sponsored entities (GSE) like Freddie Mac and Fannie Mae. This process guarantees Payette, ID banks, mortgage companies and credit unions are able to resell home mortgage loans that they make. This process also makes Payette, ID conforming mortgage rates and refi rates lower than Payette, ID jumbo mortgage rates and jumbo refinance rates because the GSE's can’t purchase jumbo mortgages that are made by Payette, ID home finance companies, credit unions and banks.

Jumbo Mortgage Rates and Refinance Rates in Payette, Idaho

Jumbo mortgage rates in Payette, ID are advertised for home loans that have a dollar amount that is higher than conventional loan amounts. Jumbo mortgage rates and jumbo refinance rates are always higher than conventional mortgage rates for both fixed mortgage rates in Payette, ID and adjustable mortgage rates in Payette, ID. Interest rates are higher because third party investors buy the home loans credit unions, banks and mortgage companies in Payette, ID make.

Payette, Idaho Fixed Mortgage Rates and Fixed Refinance Rates

Payette, ID fixed rate mortgages are the most common mortgage available to borrowers. With a fixed mortgage the interest rate stays the same for the entire loan period. Fixed mortgages are available in 40 years, 30 years, 20 years, 15 years and 10 years. The longer the mortgage term the lower the monthly mortgage payment will be.

Payette, Idaho Adjustable Mortgage Rates

Adjustable Payette, ID mortgage rates are fixed for a period of time and then the mortgage rate adjusts every year after. The most common adjustable mortgages terms available in Payette, ID are 1 year, 3 year, 5year and 7 year. Adjustable rate mortgages are advertised as 1 year, 3/1, 5/1 and 7/1. Adjustable mortgages are available for conforming dollar amounts and jumbo dollar amounts in Payette, ID. Most adjustable mortgages in Payette, ID have yearly caps and life time maximum caps on how high the interest rate can fluctuate.

Google Map for Payette, ID Rates & Resources

Payette FDIC Insured Banks

Bank Name

FDIC Cert Number


Bank of America, National Association

3510 102 South Main Street, Payette, ID 83661

Panhandle State Bank

23415 175 N. 16th Street, Payette, ID 83661

U.S. Bank National Association

6548 101 South Main Street, Payette, ID 83661

Wells Fargo Bank, National Association

3511 2 South Main Street, Payette, ID 83661