Frequently read VA Loan resources

1. VA loans may include a funding fee, which may be financed up to the maximum allowed loan amount.
2. Zero down payment subject to all VA rules, guidelines, and additional program requirements. If previous entitlement was used, a down payment may be required.
3. 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.
4. 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.
5. USAA Bank does not offer a cash out refinance product in the state of Texas.
6. 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.

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.

USAA Bank Mortgage offers mortgage products to members where the property is located within the Continental United States, Alaska, Hawaii and the Disctrict of Columbia. Excludes properties within U.S. Territories.

Home loans subject to credit and property approval.

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.

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