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Today's loan purchase rates

This chart includes rates for each of the mortgage types we offer.

For a VA or conventional loan rate estimate specific to you, call 800-531-0341 to get started.

Fixed-Rate Loans
Product	Interest^{See note1}	Annual Percentage Rate^{See note2}	Points
VA Purchase Loan	6.000%	6.317%	0.788
VA Jumbo Purchase Loan	6.000%	6.331%	1.015
Conventional Purchase Loan^{See note3}	6.500%	6.676%	0.932
Low Down Payment Purchase Loan*^{See note3}	6.500%	7.209%	0.829

For first time home buyers.^{See note4}
An online course may be required.^{See note5}

*For first time home buyers.^{See note4}
An online course may be required.^{See note5}

Explain interest (Opens popup), Explain Annual Percentage Rate (Opens popup), Explain points (Opens popup)

Today's refinance rates

A refinanced loan could help you to reduce your interest rate, shorten the term or get cash-out for those looking to trade in their home's equity. The chart below includes mortgage rates for the options we offer. For a rate estimate specific to you, call 800-531-0341 to get started.

Fixed-Rate Loans
Product	Interest^{See note1}	Annual Percentage Rate^{See note2}	Points
VA Interest Rate Reduction Refinance Loan (I R R R L)	6.000%	6.098%	0.798
VA Jumbo Interest Rate Reduction Refinance Loan (I R R R L)	-----	-----	-----
VA Cash-out Refinance Loan^{See note6}	6.000%	6.438%	0.826

Explain interest (Opens popup), Explain Annual Percentage Rate (Opens popup), Explain points (Opens popup)

^{See notea} For rates call 800-531-0341

Conventional Loans
Product	Interest^{See note1}	Annual Percentage Rate ^{See note2}	Points
Conventional Refinance Loan^{See note3}	6.500%	6.721%	1.230
Conventional Cash-Out Loan^{See note3}^{See note,}^{See note6}	7.375%	7.607%	0.988

Explain interest (Opens popup), Explain Annual Percentage Rate (Opens popup), Explain points (Opens popup)

^{See notea} For rates call 800-531-0341

Homebuying 101

Getting Started

Finding Your Home

Financing Your Home

Closing on Your Home

Additional Information

Note 1 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 2 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 3 USAA Bank Mortgage does not currently offer Conventional loans in the state of Hawaii.

Note 4 First-time homebuyer means someone who has not owned a home in the past three years.

Note 5 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 6 USAA Bank does not offer a cash out refinance product in the state of Texas.

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.

Minimum loan amount requirements may apply.

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

A home loan refinance may be useful for many customers who want to lower their monthly debt payments. However, a refinance is secured by your home, has closing costs and may ultimately require paying more in interest over time.

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.

Bank products offered by USAA Federal Savings Bank, Member FDIC. Credit card, mortgage and other lending products not FDIC-insured.

USAA FSB NMLS 401058

6028938

Mortgage Rates

Browse Mortgage Rates By Type

Today's loan purchase rates

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Today's refinance rates

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INTEREST

ANNUAL PERCENTAGE RATE (APR)

POINTS

Homebuying 101

Getting Started

Finding Your Home

Financing Your Home

Closing on Your Home

Additional Information