San Antonio VA Loan Rates, Closing Costs & Stats

SAN ANTONIO-NEW BRAUNFELS, TX

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets

    • A VA loan is a mortgage loan that’s backed by the Department of Veterans Affairs (VA) for those who have served or are presently serving in the U.S. military. The VA does not directly lend, it guarantees the loans made by private lenders to veterans, active military personnel, and qualifying military spouses.

    The most obvious benefit of VA loans is that no downpayment is necessary to purchase a home. They will also typically have significantly lower fees-- meaning that if you're eligible to receive a VA loan, it will likely be the most favorable option. VA loans come in 3 varities: purchase, refinance and cash out refis.

    For additional benefits of VA loans, click here.

    San Antonio's 225 lenders originated 9,512 VA loans during 2023. The total origination value was $3,626,990,000, with an average VA loan value of $381,307.

    San Antonio VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in San Antonio averaged 5.86% for the week of 2024-11-08, compared to the national average (all VA variants) of 6.34% for the same period.

    San Antonio's average VA mortgage closing costs are $6,903.

    The average rate for the prior week (2024-11-01) was 5.81% and one month ago for the week of 2024-10-04, the average rate was 5.14%.

    The average rate one year ago was 7%.

    For refis of the same type during the week of 2024-11-08, the average rate was 6.69%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    San Antonio VA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the San Antonio level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    DHI MORTGAGE COMPANY, LTD. 1,010 5.16% $8,796
    EAGLE HOME MORTGAGE, LLC 800 4.59% $4,337
    Mortgage Research Center, LLC 715 6.46% $8,066
    UNITED WHOLESALE MORTGAGE, LLC 482 6.15% $8,806
    AMCAP MORTGAGE, LTD. 339 6.32% $15,868
    KBHS HOME LOANS, LLC 322 5.90% $10,989
    PULTE MORTGAGE LLC 274 5.44% $7,217
    VELOCIO MORTGAGE L.L.C. 264 5.42% $8,161
    LOANDEPOT.COM, LLC 259 5.70% $11,168
    NAVY FEDERAL CREDIT UNION 240 5.73% $7,482
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 229 5.87% $10,887
    AMERICAN PACIFIC MORTGAGE CORPORATION 216 6.17% $12,894
    CORNERSTONE HOME LENDING, INC. 205 5.82% $7,692
    GARDNER FINANCIAL SERVICES, LTD. 192 6.13% $19,836
    PRIMELENDING, A PLAINSCAPITAL COMPANY 166 6.07% $13,165
    USAA Federal Savings Bank 138 6.09% $11,850
    GUARANTEED RATE, INC. 130 6.21% $7,930
    CRESTMARK MORTGAGE COMPANY, LTD. 129 5.73% $8,023
    QUICKEN LOANS, LLC 124 6.14% $12,695
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 121 6.40% $9,042
    CMG MORTGAGE, INC. 121 6.03% $13,979
    CROSSCOUNTRY MORTGAGE, LLC 112 6.53% $6,757
    THRIVE MORTGAGE, LLC 104 6.21% $16,465
    M/I FINANCIAL, LLC 103 5.50% $15,024
    INSPIRE HOME LOANS INC. 103 5.29% $7,041
    CLM MORTGAGE, INC 99 6.09% $6,369
    PENTAGON FEDERAL CREDIT UNION 88 5.46% $10,275
    PILGRIM MORTGAGE LLC 81 6.24% $14,456
    GUILD MORTGAGE COMPANY 75 6.33% $13,504
    MOVEMENT MORTGAGE, LLC 74 6.23% $14,768
    PENNYMAC LOAN SERVICES, LLC 73 5.73% $10,881
    DIRECTIONS EQUITY, LLC 71 5.68% $8,460
    Network Funding, L.P. 65 6.05% $13,044
    V.I.P. MORTGAGE, INC. 62 6.07% $12,936
    BROOKHOLLOW MORTGAGE SERVICES, LTD 59 5.60% $7,626
    MORTGAGE SOLUTIONS OF COLORADO, LLC 59 7.58% $4,514
    FREEDOM MORTGAGE CORPORATION 58 6.37% $9,609
    CARDINAL FINANCIAL 56 6.44% $13,669
    Sunflower Bank 53 6.03% $12,591
    SWBC MORTGAGE CORPORATION 47 6.56% $15,872
    PRIORITY HOME MORTGAGE, L.P. 42 5.61% $7,129
    NEWREZ LLC 38 6.37% $11,124
    Plains Commerce Bank 38 5.87% $11,441
    Gateway First Bank 35 6.47% $9,849
    Equity Prime Mortgage LLC 34 6.73% $7,775
    LOANPEOPLE, LLC 33 6.27% $15,249
    BROKER SOLUTIONS, INC. 33 6.22% $13,791
    Century Mortgage Company DBA Century Lending Company 30 6.06% $8,262
    NBKC BANK 29 5.76% $9,353
    CORNERSTONE MORTGAGE PARTNERS OF TEXAS, L.P. 27 5.39% $9,461
    First United Bank and Trust Company 25 5.85% $16,458
    PLAZA HOME MORTGAGE, INC. 25 6.06% $14,814
    Armed Forces Bank 24 5.74% $12,067
    Wallick & Volk, Inc. 24 6.11% $8,130
    PLANET HOME LENDING, LLC 24 5.56% $7,966
    RB MORTGAGE LLC 23 6.52% $6,160
    ACADEMY MORTGAGE CORPORATION 21 6.20% $12,688
    INTERLINC MORTGAGE SERVICES, LLC 19 6.35% $8,379
    SENTE MORTGAGE, INC. 19 6.26% $18,193
    SOUTHERN LENDING SERVICES, LTD. 18 5.41% $9,030
    Paramount Residential Mortgage Group, Inc. 18 6.12% $9,765
    SMART CHOICE MORTGAGE, A TEXAS LIMITED LIABILITY C 18 5.94% $15,911
    VILLAGE CAPITAL MORTGAGE 18 6.28% $9,395
    GUARANTEED RATE AFFINITY, LLC 17 6.43% $6,948
    SUMMIT FUNDING, INC. 17 6.37% $12,055
    Flagstar Bank, FSB 17 6.39% $9,375
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 16 6.40% $10,621
    BAY EQUITY LLC 16 6.18% $9,722
    MORTGAGE FINANCIAL SERVICES, LLC 14 6.30% $13,295
    MANN FINANCIAL INC. 14 6.21% $10,120
    Citizens Bank 13 6.16% $11,139
    JPMorgan Chase Bank 13 6.02% $6,416
    MORTGAGEONE, INC. 13 6.93% $7,847
    Mr. Cooper ( Nationstar Mortgage ) 13 6.49% $14,535
    FIRST CENTENNIAL MORTGAGE CORPORATION 13 6.23% $5,825
    Bank of England 11 6.22% $13,131
    JET HOMELOANS, LLC 11 5.92% $11,573
    NTFN, INC. 11 6.24% $9,318
    NATIONS RELIABLE LENDING, LLC 10 6.61% $12,336
    Neighborhood Loans, Inc. 10 6.63% $14,289
    SFMC, LP 10 6.22% $20,484
    Mid-Continent Funding, Inc. 10 6.15% $11,113
    MUTUAL OF OMAHA MORTGAGE, INC. 10 6.23% $10,329
    Wells Fargo Bank 9 5.56% $5,783
    CHERRY CREEK MORTGAGE, LLC 9 5.40% $4,526
    Ameris Bank 9 6.04% $11,375
    SECURITYNATIONAL MORTGAGE COMPANY 8 6.44% $13,253
    Nations Lending Corporation 8 6.89% $13,965
    SeaTrust Mortgage Company 8 6.39% $12,909
    Waterstone Mortgage Corporation 8 6.34% $10,428
    UNION HOME MORTGAGE CORP. 8 6.34% $15,254
    CANOPY MORTGAGE, LLC 8 6.20% $13,616
    TOWNE MORTGAGE COMPANY 8 6.51% $11,780
    TJC Mortgage, Inc. 8 6.47% $20,824
    Barrington Bank & Trust Company, N.A. 8 6.17% $7,575
    The Federal Savings Bank 8 6.66% $11,860
    HOMEBRIDGE FINANCIAL SERVICES, INC. 7 5.91% $19,300
    AMERISAVE MORTGAGE CORPORATION 7 5.38% $13,336
    S1L, Inc. 7 6.14% $11,525
    AmeriHome Mortgage Company, LLC 7 6.59% $6,604
    American Mortgage & Equity Consultants, Inc. 6 6.75% $17,894
    First Federal Bank 5 6.33% $9,710
    FBC MORTGAGE, LLC 5 6.07% $9,328
    Encompass Lending Group, LP 5 6.48% $14,806
    The Central Trust Bank 5 5.25% $13,666
    Jefferson Bank 5 5.86% $6,766
    CHURCHILL MORTGAGE CORPORATION 5 6.15% $13,299
    U.S. Bank 5 6.20% $11,827
    SOUTHWEST STAGE FUNDING, LLC 5 6.63% $1,833
    NexBank 4 6.38% $12,517
    Truist 4 6.15% $10,971
    RESIDENTIAL BANCORP 4 6.50% $15,287
    MID AMERICA MORTGAGE, INC. 4 6.06% $8,280
    GoPrime Mortgage, Inc. 4 6.41% $6,389
    BNC National Bank 4 5.47% $9,970
    NATIONS DIRECT MORTGAGE, LLC 4 6.88% $10,754
    Northpointe Bank 4 6.25% $11,986
    NFM, INC. 4 6.31% $14,093
    DAS Acquisition Company, LLC 4 6.44% $5,197
    Red River Bank 4 6.44% $7,239
    AMERICAN FINANCIAL NETWORK, INC. 4 6.69% $5,425
    HOMESPIRE MORTGAGE CORPORATION 4 6.75% $10,372
    ENVOY MORTGAGE, LTD 3 6.25% $13,029
    North American Savings Bank, F.S.B. 3 6.21% $6,263
    SUN WEST MORTGAGE COMPANY, INC. 3 6.96% $8,623
    VAN DYK MORTGAGE CORPORATION 3 6.25% $19,606
    Extraco Banks 3 5.83% $14,964
    CONTOUR MORTGAGE CORPORATION 3 6.21% $6,734
    HOMESIDE FINANCIAL, LLC 3 6.50% $9,427
    Farmers Bank & Trust 3 6.21% $5,599
    Republic State Mortgage Co. 3 6.42% $19,791
    Keystone Funding, Inc. 3 5.63% $14,328
    LEADERONE FINANCIAL CORPORATION 3 6.66% $17,852
    Alcova Mortgage LLC 3 7.08% $13,745
    PREMIA MORTGAGE, LLC 3 6.00% $5,188
    BM Real Estate Services, Inc. 3 5.62% $16,185
    Magnolia Bank 3 6.33% $9,220
    CALIBER HOME LOANS, INC. 3 5.67% $16,746
    ENCORE BANK 3 5.96% $11,925
    Prosperity Home Mortgage, LLC 2 6.56% $6,856
    AMERICAN FINANCIAL RESOURCES, INC. 2 6.25% $10,087
    BancorpSouth 2 6.44% $3,790
    BOKF 2 6.38% $9,883
    Centennial Bank 2 6.88% $5,907
    CITY FIRST MORTGAGE SERVICES, L.L.C. 2 6.00% $8,306
    Credence Funding Corporation 2 5.63% $6,042
    EVERETT FINANCIAL, INC. 2 6.25% $8,043
    FIRST COMMUNITY MORTGAGE, INC. 2 5.88% $9,676
    First Savings Bank 2 6.25% $15,378
    Florida Capital Bank 2 6.25% $12,636
    GMFS LLC 2 6.94% $9,234
    GSF Mortgage Corporation 2 6.38% $4,821
    GUARANTY HOME MORTGAGE CORPORATION 2 6.56% $11,188
    INTERCAP LENDING INC. 2 6.81% $11,529
    MLB RESIDENTIAL LENDING, LLC 2 6.94% $19,453
    MORTGAGE ACCESS CORP. 2 6.44% $17,436
    NEW DAY FINANCIAL, LLC 2 7.62% $6,044
    The Loan Store, Inc. 2 6.00% $20,938
    THE MORTGAGE LINK, INC. 2 6.68% $19,244
    UNIVERSITY Federal Credit Union 2 5.69% $13,077
    ZILLOW HOME LOANS, LLC 2 6.69% $16,819
    NOVA FINANCIAL & INVESTMENT CORPORATION 1 6.25% $9,369
    NJ LENDERS CORP. 1 6.13% $9,507
    MORIA DEVELOPMENT, INC. 1 6.13% $26,994
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 7.38% $17,127
    Meridian Bank Corporation 1 5.25% $13,541
    Princeton Mortgage Corporation 1 7.25% $8,119
    MASON MCDUFFIE MORTGAGE CORPORATION 1 7.25% $11,366
    AAXY L.L.C. 1 6.13% $10,245
    LEGEND LENDING CORPORATION 1 6.75% $11,575
    KELLER MORTGAGE, LLC 1 4.88% $12,034
    JMAC LENDING, INC. 1 6.75% $7,186
    HOMESTAR FINANCIAL CORPORATION 1 6.63% $9,682
    HomePromise Corporation 1 8.13% $2,048
    HOMEOWNERS FINANCIAL GROUP USA, LLC 1 7.25% $9,800
    RESIDENTIAL HOME FUNDING CORP. 1 6.38% $5,630
    HighTechLending Inc 1 7.13% $21,077
    GREENSTATE CREDIT UNION 1 5.99% $4,148
    Goldwater Bank, N.A. 1 6.75% $26,874
    Semper Home Loans, Inc. 1 7.00% $23,421
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 4.75% $27,433
    GENEVA FINANCIAL, LLC 1 6.63% $10,948
    Sierra Pacific Mortgage Company, Inc. 1 7.13% $5,011
    First Western Trust Bank 1 6.88% $3,263
    First National Bank Texas 1 6.25% $8,619
    First International Bank & Trust 1 5.25% $10,107
    S&S Financial 1 6.75% $7,574
    Strong Home Mortgage, LLC 1 6.62% $5,736
    SUCCESS MORTGAGE PARTNERS, INC. 1 6.50% $8,788
    First Financial Bank 1 6.75% $17,099
    FIRST CONTINENTAL MORTGAGE, LTD. 1 6.49% $8,360
    FIDELITY BANK 1 6.75% $6,339
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 1 7.25% $6,488
    T2 FINANCIAL LLC 1 6.63% $4,429
    DRAPER AND KRAMER MORTGAGE CORP. 1 7.13% $5,784
    D. L. Evans Bank 1 5.25% $12,067
    Academy Bank 1 5.75% $10,261
    WILLOW BEND MORTGAGE COMPANY, LLC 1 5.75% $9,663
    DIRECT MORTGAGE LOANS, LLC 1 7.13% $10,378
    Core Bank 1 5.75% $6,049
    Towne Bank 1 5.63% $11,587
    Commercial Bank of Texas 1 5.50% $21,321
    Town Square Mortgage & Investments, Inc. 1 7.50% $5,843
    Carrington Mortgage Services, LLC 1 6.75% $12,920
    CALCON MUTUAL MORTGAGE LLC 1 6.63% $7,362
    United Texas Credit Union 1 6.63% $3,393
    Bank of America 1 5.13% $3,471
    Zions Bank 1 5.38% $5,744
    AXIA FINANCIAL, LLC 1 7.75% $8,018
    Atlantic Coast Mortgage, LLC 1 5.25% $7,392
    US MORTGAGE CORPORATION 1 6.50% $20,736
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 6.00% $6,429
    Assurance Financial Group, L.L.C. 1 6.25% $4,023
    Vellum Mortgage, Inc. 1 5.63% $10,576
    Arvest Bank 1 6.38% $20,005
    VERITAS FUNDING, LLC 1 5.99% $6,516
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 7.00% $5,903
    American National Bank & Trust 1 6.50% $16,234
    AMERICAN FINANCING CORPORATION 1 6.75% $10,292
    Watermark Capital, Inc. 1 5.50% $11,218
    Affiliated Bank 1 6.63% $15,779
    Paramount Bank 1 7.13% $17,591
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 6.25% $13,452
    ON Q FINANCIAL, INC. 1 6.75% $228
    OCMBC, INC. 1 7.25% $7,014

    The top San Antonio VA lender as defined by loan originations is DHI MORTGAGE COMPANY, LTD., with 1,010 VA loans originated. Their average total fees are $8,796, which is $4,459 higher than the next largest lender, EAGLE HOME MORTGAGE, LLC.

    The lowest fee San Antonio VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC ($4,337), MORTGAGE SOLUTIONS OF COLORADO, LLC ($4,514), FIRST CENTENNIAL MORTGAGE CORPORATION ($5,825), RB MORTGAGE LLC ($6,160) and CLM MORTGAGE, INC ($6,369).

    The lowest rate San Antonio VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (4.59%), DHI MORTGAGE COMPANY, LTD. (5.16%), INSPIRE HOME LOANS INC. (5.29%), CORNERSTONE MORTGAGE PARTNERS OF TEXAS, L.P. (5.39%) and SOUTHERN LENDING SERVICES, LTD. (5.41%).

    VA Loan Features

  • No down payment required
  • Negotiable and competitive interest rate.
  • Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5 percent and exemption for veterans receiving VA compensation).
  • VA rules limit the amount you can be charged for closing costs.
  • Closing costs are comparable with other financing types (and may be lower).
  • Closing costs may be paid by the seller.
  • No private mortgage insurance premiums are required.
  • An assumable mortgage.
  • Right to prepay your mortgage without penalty.
  • For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
  • VA assistance to veteran borrowers in default due to temporary financial difficulty.