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What kind of home loan is right for me?

VA Purchase Loan

A VA loanSee note1 may be right for those currently serving, veterans and eligible surviving spouses looking for a no down payment option.See note2

  • Interest rates as low as 5.875%See note3
  • Interest rates as low as 6.234%Annual Percentage RateSee note4
Learn More about VA Purchase Loans

VA Interest Rate Reduction Refinance Loan (IRRRL)

A VA Interest Rate Reduction Refinance Loan, or IRRRL, can help reduce the interest rate or shorten the term without getting cash back at closing.

  • Interest rates as low as 5.875%See note3
  • Interest rates as low as 6.016%Annual Percentage RateSee note4
Learn More about VA Interest Rate Reduction Refinance Loans

VA Cash-out Refinance Loan

A VA Cash-out refinance loan may be right for those who want to trade their home's equity for cash.See note5

  • Interest rates as low as 6.000%See note3
  • Interest rates as low as 6.428%Annual Percentage RateSee note4

Conventional Purchase LoanSee note6

A conventional loan may be right for those using a down payment to buy a home.

  • Interest rates as low as 6.500%See note3
  • Interest rates as low as 6.697%Annual Percentage RateSee note4

Also available:

Conventional Refinance Loan

Low Down Payment LoanSee note6

A low down payment purchase loan may be a great alternative to an F H A loan, and for a first-time home buyer.See note7

  • Interest rates as low as 6.500%See note3
  • Interest rates as low as 7.231%Annual Percentage RateSee note4

For first time home buyers, an online course may be required.See note8

Also available:

HomeReady® ProgramSee note9

VA Jumbo Purchase Loan

A VA jumbo loan may be right for those looking to finance more than $806,500. $0 down payment option for a purchase price up to $1.5 million.See note10

  • Interest rates as low as 6.000%See note3
  • Interest rates as low as 6.313%Annual Percentage RateSee note4
Learn More about VA Jumbo Purchase Loans

Also available:

VA Jumbo Refinance Loan

Mortgage payment calculator

The monthly payment amount shown is based on information you provided and is only an estimate.See note11

30-year fixed

For an adjustable-rate mortgage, this estimate only applies to the fixed period. This estimate does not include P M I or the VA funding fee.

Estimated monthly payment

Estimated monthly payment: $0.00

Steps to homeownership

Buying a house is an exciting time. We'll be here to guide you through each step.

  1. Step 1 Get prequalifiedSee note12

    Make the buying process easier when you know what you can spend.

    It only takes a few minutes to get prequalified online.

    • Tell us a little about your finances and where you want to move.
    • We'll check your credit for a better understanding of your outstanding obligations.
    • Get a prequalification letter to help you negotiate better with sellers.
    Get prequalified online For a Home Loan

  2. Step 2 Complete your mortgage application

    Your USAA loan officer makes the application process easier.

    Once you find a home, your loan officer will help you complete the mortgage application. You'll need to provide:

    • Income statements, such as pay stubs or award letters.
    • Current bank statements.
    • Other supporting documents as needed. We'll walk you through it.

  3. Step 3 Almost there!

    We'll let you know if more information is needed.

    During the application review, we'll check to make sure:

    • We have all the required documents.
    • Your supporting documents match the application.
    • The title is clear.

  4. Step 4 Get your keys

    Congratulations on your new home!

    When all the paperwork is approved, you'll be ready to close. To get the keys, you'll need:

    • Your ID — a driver's license, passport or military ID
    • A cashier's check or wire transfer to cover your closing costs and down payment

Homebuying 101

Getting Started

Finding Your Home

Financing Your Home

Closing on Your Home

Additional Information

Learn more about buying a home.