Usaa Federal Savings Bank Mortgage Rates, Fees & Info

5 stars - Updated: 4/19/24 - out of 5 stars, based on 110 reviews

Review & Overview

Usaa Federal Savings Bank is a mid-sized bank specializing in Home Purchase loans. Usaa Federal Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Washington, San Antonio, Atlanta, and Houston among others. We have data for 802 markets. (Some data included below & more in-depth data is available with an active subscription.)

Usaa Federal Savings Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Usaa Federal Savings Bank is typically a high fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

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SimulatedRates™ Mortgage Type	Simulated Rate	Simulation Date
30 Year Conventional Purchase	6.50%	4/19/24
30 Year Conventional Refi	6.40%	4/19/24
30 Year Cash-out Refi	6.54%	4/19/24
30 Year VA Purchase	6.06%	4/19/24
30 Year VA Refi	5.90%	4/19/24
15 Year Conventional Purchase	6.08%	4/19/24
15 Year Conventional Refi	6.03%	4/19/24
15 Year Cash-out Refi	6.03%	4/19/24
15 Year VA Purchase	6.10%	4/19/24
15 Year VA Refi	6.07%	4/19/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Usaa Federal Savings Bank Mortgage Calculator

Originations

12,146

Origination Dollar Volume (All Markets)

$3,967,800,000

Awards