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Mortgage rates for veterans and military families

We offer various VA and conventional loans to help you buy a new home or refinance your loan.

Our purchase rates

Learn more about our home purchase loans (view home purchase loan options).

Fixed-rate loan type

VA purchase loan‍ ‍ See note 3

Interest rate‍ ‍ See note 1

§%

APR‍ ‍ See note 2

§%

Points

§

Fixed-rate loan type

VA jumbo purchase loan‍ ‍ See note 3

Interest rate‍ ‍ See note 1

§%

APR‍ ‍ See note 2

§%

Points

§  

Fixed-rate loan type

Conventional purchase loan‍ ‍ See note 4

Interest rate‍ ‍ See note 1

§%

APR‍ ‍ See note 2

§%

Points

§

Fixed-rate loan type

Low down payment purchase loan‍ ‍ See note 4,‍ ‍ See note 5,‍ ‍ See note 6

Interest rate‍ ‍ See note 1

§%

APR‍ ‍ See note 2

§%

Points

§

Our purchase rates

Learn more about our home purchase loans (view home purchase loan options).

Fixed-rate loan type Interest rate‍ ‍ See note 1 APR‍ ‍ See note 2 Points

VA purchase loan‍ ‍ See note 3

§%

§%

§

VA jumbo purchase loan‍ ‍ See note 3

§%

§%

§  

Conventional purchase loan‍ ‍ See note 4

§%

§%

§

Low down payment purchase loan‍ ‍ See note 4,‍ ‍ See note 5,‍ ‍ See note 6

§%

§%

§

Learn more about our home purchase loans (view home purchase loan options).

Fixed-rate loan type

VA purchase loan‍ ‍ See note 3
Interest rate‍ ‍ See note 1

§%
APR‍ ‍ See note 2

§%
Points

§
Fixed-rate loan type

VA jumbo purchase loan‍ ‍ See note 3
Interest rate‍ ‍ See note 1

§%
APR‍ ‍ See note 2

§%
Points

§  
Fixed-rate loan type

Conventional purchase loan‍ ‍ See note 4
Interest rate‍ ‍ See note 1

§%
APR‍ ‍ See note 2

§%
Points

§
Fixed-rate loan type

Low down payment purchase loan‍ ‍ See note 4,‍ ‍ See note 5,‍ ‍ See note 6
Interest rate‍ ‍ See note 1

§%
APR‍ ‍ See note 2

§%
Points

§

Get prequalified for a home loan.‍ ‍ See note 7

Start a VA loan prequalification  online

Not a member? Join USAA

Our refinance rates

For VA Jumbo Interest Rate Reduction Refinance Loan (IRRRL) rates, call 800-531-0341.

Learn more about our mortgage refinance loans.

Loan Type

VA Interest Rate Reduction Refinance Loan, or IRRRL‍ ‍ See note 3

Interest rate‍ ‍ See note 1

§%

APR‍ ‍ See note 2

§%

Points

§

Loan Type

VA cash-out refinance loan‍ ‍ See note 3,‍ ‍ See note 8

Interest rate‍ ‍ See note 1

§%

APR‍ ‍ See note 2

§%

Points

§ 

Loan Type

Conventional refinance loan‍ ‍ See note 4

Interest rate‍ ‍ See note 1

§%

APR‍ ‍ See note 2

§%

Points

§

Loan Type

Conventional cash-out loan‍ ‍ See note 4,‍ ‍ See note 8

Interest rate‍ ‍ See note 1

§%

APR‍ ‍ See note 2

§%

Points

§

Our refinance rates

For VA Jumbo Interest Rate Reduction Refinance Loan (IRRRL) rates, call 800-531-0341.

Learn more about our mortgage refinance loans.

Loan Type Interest rate‍ ‍ See note 1 APR‍ ‍ See note 2 Points

VA Interest Rate Reduction Refinance Loan, or IRRRL‍ ‍ See note 3

§%

§%

§

VA cash-out refinance loan‍ ‍ See note 3,‍ ‍ See note 8

§%

§%

§ 

Conventional refinance loan‍ ‍ See note 4

§%

§%

§

Conventional cash-out loan‍ ‍ See note 4,‍ ‍ See note 8

§%

§%

§

For VA Jumbo Interest Rate Reduction Refinance Loan (IRRRL) rates, call 800-531-0341.

Learn more about our mortgage refinance loans.

Loan Type

VA Interest Rate Reduction Refinance Loan, or IRRRL‍ ‍ See note 3
Interest rate‍ ‍ See note 1

§%
APR‍ ‍ See note 2

§%
Points

§
Loan Type

VA cash-out refinance loan‍ ‍ See note 3,‍ ‍ See note 8
Interest rate‍ ‍ See note 1

§%
APR‍ ‍ See note 2

§%
Points

§ 
Loan Type

Conventional refinance loan‍ ‍ See note 4
Interest rate‍ ‍ See note 1

§%
APR‍ ‍ See note 2

§%
Points

§
Loan Type

Conventional cash-out loan‍ ‍ See note 4,‍ ‍ See note 8
Interest rate‍ ‍ See note 1

§%
APR‍ ‍ See note 2

§%
Points

§

Have questions or need to refinance?

For help, questions or to find out what you may qualify for, give us a call.

Call 800-531-0341

For TTY devices, dial 711

Hours of operation for USAA loan officers

Monday to Friday
7 a.m. to 8 p.m. CT
Saturday and Sunday
Closed

Note: Days and times may vary

Find a payment that works for you.

Use our calculator to find a monthly payment that may work for you and your budget.

Go to the  mortgage calculator

Why choose us

Top VA home loan lender‍ ‍ See note 9

USAA Bank ranks as one of the top VA mortgage lenders.

20+ years of experience

USAA Bank has more than 20 years of experience with VA home loans.

Over century of service

We’ve served the military since our founding in 1922.

Mortgage rates FAQ

Interest is the amount you pay each year to borrow money. The annual percentage rate, or APR, reflects both the interest rate and other costs like fees and points.

You can buy points to lower your interest rate or get a higher rate and receive a lender credit on closing costs for your mortgage. Each point costs 1% of the loan amount.

Yes. In general, the higher your credit score, the better the interest rates you may qualify for.

A mortgage rate lock is an agreement between you and USAA Bank to secure the interest rate on your mortgage for a specified period. This protects you from any changes in interest rates, while you’re working to close on your loan.

To lock in your loan, it’s always best to speak to your loan officer to discuss your options.

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How to begin your homebuying journey: Get prequalified or preapproved

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Read article: How to begin your homebuying journey: Get prequalified or preapproved

Let us help with your home loan.

Start a  loan prequalification  online

Not a member? Join USAA

Related footnotes:

  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.

  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.

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

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

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

  6. 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.

  7. Our prequalification is not a commitment to lend. Information used to issue the prequalification will require verification during the application process.

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

  9. In 2024, USAA Bank originated the 11th highest total of VA purchase home loans and ranked in the top 11 lenders for the highest amount of VA loan volume among more than 1,100 lenders. Source: Department of Veterans Affairs Lender Statistics.

Related footnotes:

  1. Use of the term "member" or "membership" refers to membership in USAA Membership Services and does not convey any legal or ownership rights in USAA. Restrictions apply and are subject to change. To join USAA, separated military personnel must have received a discharge type of Honorable or General Under Honorable Conditions. Eligible family members may also join USAA.

  2. Members must meet all VA eligibility requirements when applying for a VA loan. Speak with a USAA Bank Loan Officer to review current VA eligibility requirements.

  3. 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.

  4. 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.

  5. Home loans subject to credit and property approval.

  6. "USAA Bank" means USAA Federal Savings Bank.

  7. Bank products offered by USAA Federal Savings Bank.

  8. USAA is an Equal Housing Lender

  9. USAA FSB NMLS 401058

6028938