Purchase Mortgage
from USAA

Open only to USAA members - current and former U.S. military families, USAA offers purchase mortgages in for fixed and adjustable rates, as well as fixed VA loans. If USAA fails to meet its guaranteed closing date, buyers receive $500.

Purchase Mortgage Reviews

1.0 watersketch's Rating
Jul 8, 2008 4:58 pm

Application fee a deal killer.

USAA was the only mortgage company I found that required an upfront nonrefundable application fee. Oh they do apply the fee to your mortgage, but if you don't go with them, you're out of luck.

5.0 Binky's Rating
Jun 25, 2008 3:48 pm

The application is a long one, but the approval is quick after you submit. They have excellent customer service. This is my first home purchase so I have had a lot of questions, and they have paitently answered every single one. They also offer a program called Movers Advantage that helps you find a real estate agent and offers a cash rebate after closing in most states - I am getting $1250 back.. For control freaks like me they have an online loan status page so you can check the tasks that you need to do and the ones that USAA is working on.
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The rate information on this page is powered by Informa Research Services, Inc. © 2008, and was last updated 08/20/2008 5:03:00 AM. This information has been obtained from various financial institutions, and Informa Research Services cannot guarantee its accuracy. The information includes financial product data that was in the Informa Research Services database at the time of publication, and may not reflect all of the products available in your region. Before acting on the information shown on this page, contact the financial institution to verify the accuracy of the data. When contacting financial institutions, always mention FiLife.com to ensure you receive the preferred Internet rate. Contact pduncan@informars.com to have your rates included in this chart.

Provided by Informa 08.20.08