Mortgage and Home Loans

View See All Mortgage Options

What kind of home loan is right for me?

VA Purchase Loan

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

Interest rates as low as 5.875%^{See note2}
Interest rates as low as 6.201%Annual Percentage Rate^{See note3}

Apply now for a VA Purchase Loan

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 note2}
Interest rates as low as 5.989%Annual Percentage Rate^{See note3}

Call 800-531-0341 for a VA Interest Rate Reduction Refinance Loan

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 note4}

Interest rates as low as 5.875%^{See note2}
Interest rates as low as 6.338%Annual Percentage Rate^{See note3}

Call 800-531-0341 for a VA Cash-out Refinance Loan

Conventional Purchase Loan^{See note5}

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

Interest rates as low as 6.375%^{See note2}
Interest rates as low as 6.559%Annual Percentage Rate^{See note3}

Apply now for a VA Cash-out Refinance Loan

Also available:

Conventional Refinance Loan

Low Down Payment Loan^{See note5}

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 note6}

Interest rates as low as 6.375%^{See note2}
Interest rates as low as 7.089%Annual Percentage Rate^{See note3}

For first time home buyers, an online course may be required.^{See note7}

Apply now for a Low Down Payment Loan

Also available:

HomeReady® Program^{See note8}

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 note9}

Interest rates as low as 6.125%^{See note2}
Interest rates as low as 6.459%Annual Percentage Rate^{See note3}

Apply now for a VA Jumbo Purchase Loan

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 note10}

Home price in years

Interest rate in percent

Down payment in dollars This is 0% of the home price

Loan term in years Fixed rate

30-year fixed

Taxes, insurance, HOA H O A For a more accurate payment estimate, consider adding some of these options.

Steps to homeownership

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

Step 1 Get preapproved^{See note11}

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

It only takes a few minutes to get preapproved 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 preapproval letter to help you negotiate better with sellers.
Get preapproved online For a Home Loan
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.
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.
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

Learn more about buying a home.

VA-backed loan information

Read article : VA-backed loan information
Considering a VA loan? Ask these 5 questions first

Read article : Considering a VA loan? Ask these 5 questions first
How to get a mortgage preapproval

Read article : How to get a mortgage preapproval

Homebuying 101

Getting Started

Finding Your Home

Financing Your Home

Closing on Your Home

Additional Information

Note 1 VA loans may include a funding fee, which may be financed up to the maximum allowed loan amount.

Note 2 The advertised rates and points are subject to change without notice at any time and are not available to every borrower. The advertised rates are based on certain assumptions and loan scenarios, and the rate you may receive will depend on your individual circumstances, including your credit history, loan amount, down payment and our internal credit criteria. The advertised rates are based on a fixed rate mortgage loan and rates will vary based on the term of the mortgage loan and property location. Other rates, points, and terms may be available. All loans are subject to credit and property approval. Property insurance is, and flood insurance may be, required.

Note 3 APR (Annual Percentage Rate) is a rate used to calculate your cost of borrowing in a year. Unlike interest rates, APR factors in the amount borrowed, the interest rate, points, one-time fees, and discounts to determine a more accurate yearly cost. The standardized APR formula is used to make it easier for consumers to compare rates at different businesses.

Note 4 USAA Bank does not offer a cash out refinance product in the state of Texas.

Note 5 USAA Bank Mortgage does not currently offer Conventional loans in the state of Hawaii.

Note 6 First-time homebuyer means someone who has not owned a home in the past three years.

Note 7 If all occupying borrowers have not owned a home in the past three years and plan to apply for a USAA Federal Savings Bank, 30-Year Conventional Loan with less than a 5% down payment, at least one borrower on the mortgage loan will need to complete a free homebuyer education course online before closing.

Note 8 HomeReady® is a registered trademark of Fannie Mae.

Note 9 A down payment will be required if the purchase price exceeds $1.5 million. If previous entitlement was used, a down payment may be required.

Note 10 This mortgage calculator is intended to assist you with estimating monthly mortgage payments. This amount does not include VA funding fee, private mortgage insurance, and other costs associated with owning a home. All examples are based on the information entered and are for illustrative purposes only. This is not an offer to lend.

Note 11 Our preapproval is not a commitment to lend. Information used to issue the preapproval will require verification during the application process.

USAA Bank Mortgage offers mortgage products to members where the property is located within the Continental United States, Alaska, Hawaii, and the District of Columbia. Excludes properties within U.S. Territories. In certain states, product restrictions may apply.

VA IRRRL: All VA rules, guidelines and additional program requirements will apply. Except as provided by applicable VA guidelines, the same parties obligated on the original loan must be the parties on the title and obligated on the new loan. Proceeds from the new loan will only be used toward payment of the original loan amount. No cash back can be received from the new loan. Payment of discount points, taxes, insurance and HOA fees are the responsibility of the borrower. Other exclusions apply. Refinancing either to lower the monthly payment or change from a variable-rate to a fixed-rate loan could result in an increase in the total number of monthly payments and interest charges paid over the full term of the new loan.

Membership eligibility and product restrictions apply and are subject to change.

"USAA Bank" means USAA Federal Savings Bank.

Bank products offered by USAA Federal Savings Bank.

USAA FSB NMLS 401058

6028864

Home loans and refinance

Your Home, Your Loan, Your Term

What kind of home loan is right for me?

VA Purchase Loan

VA Interest Rate Reduction Refinance Loan (IRRRL)

VA Cash-out Refinance Loan

Conventional Purchase Loan^{See note5}

Low Down Payment Loan^{See note5}

VA Jumbo Purchase Loan

Mortgage payment calculator

Estimated monthly payment

Steps to homeownership

Step 1 Get preapproved^{See note11}

Step 2 Complete your mortgage application

Step 3 Almost there!

Step 4 Get your keys

Learn more about buying a home.

VA-backed loan information

Considering a VA loan? Ask these 5 questions first

How to get a mortgage preapproval

Homebuying 101

Getting Started

Finding Your Home

Financing Your Home

Closing on Your Home

Additional Information

Home loans and refinance

Your Home, Your Loan, Your Term

What kind of home loan is right for me?

VA Purchase Loan

VA Interest Rate Reduction Refinance Loan (IRRRL)

VA Cash-out Refinance Loan

Conventional Purchase LoanSee note5

Low Down Payment LoanSee note5

VA Jumbo Purchase Loan

Mortgage payment calculator

Estimated monthly payment

Steps to homeownership

Step 1 Get preapprovedSee note11

Step 2 Complete your mortgage application

Step 3 Almost there!

Step 4 Get your keys

Learn more about buying a home.

VA-backed loan information

Considering a VA loan? Ask these 5 questions first

How to get a mortgage preapproval

Homebuying 101

Getting Started

Finding Your Home

Financing Your Home

Closing on Your Home

Additional Information

Conventional Purchase Loan^{See note5}

Low Down Payment Loan^{See note5}

Step 1 Get preapproved^{See note11}