# USAA Federal Savings Bank

> **Canonical URL:** https://saferate.com/lenders/usaa-federal-savings-bank


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


USAA Federal Savings Bank is a bank, headquartered in San Antonio, TX, serving borrowers nationwide, with 12,100 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 46% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 55% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** C5654JQHZUHN0772B561
- **Headquarters:** San Antonio, TX
- **Geographic Reach:** National
- **States Served:** 51
- **State List:** AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- **Markets (MSAs):** 50
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 54/100
- Rating: ●●●○○ (3/5)

### Pull Through: Sound ☺️
- Score: 45/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** -0.129%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,831
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 12,100
- **Dollar Volume:** $4.2 billion
- **Applications Received:** 24,361
- **Market Share:** 34.00%

## Typical Borrower Profile

- **Average Loan Amount:** $350,726
- **Average Borrower Income:** $147,818
- **Average Property Value:** $428,576

## Safe Rate Awards 🏆

- ⭐ **VA Gold Superstar** (70%)
- ⭐ **Purchase Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 68/100 | 4,154 | +0.136% | $2,315 | Strong 😀 |
| VA | 93/100 | 7,946 | -0.291% | $1,536 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 3,809 loans, Score: 70/100 (Strong)
- Refinance: 345 loans, Score: 60/100 (Strong)

**VA:**
- Purchase: 7,242 loans, Score: 93/100 (Exceptional)
- Refinance: 704 loans, Score: 89/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 81/100 | 11,051 | $3.9B | -0.132% | Exceptional 🤩 |
| Refinance | 68/100 | 1,049 | $302M | -0.095% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| TX | 1,164 | 0.33% | 77/100 |
| FL | 821 | 0.28% | 72/100 |
| NC | 739 | 0.50% | 74/100 |
| GA | 592 | 0.43% | 75/100 |
| VA | 483 | 0.45% | 76/100 |
| OH | 426 | 0.32% | 70/100 |
| PA | 404 | 0.33% | 71/100 |
| TN | 381 | 0.42% | 72/100 |
| AL | 380 | 0.63% | 77/100 |
| IL | 361 | 0.29% | 70/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 2,217 | 82/100 |
| Houston | TX | 197 | 65/100 |
| Atlanta | GA | 187 | 66/100 |
| San Antonio | TX | 161 | 66/100 |
| Phoenix | AZ | 152 | 62/100 |
| St. Louis, MO | MO-IL | 151 | 67/100 |
| Virginia Beach | VA-NC | 138 | 67/100 |
| Arlington | VA-WV | 137 | 65/100 |
| Dallas | TX | 129 | 62/100 |
| Minneapolis | MN-WI | 126 | 62/100 |
| Kansas City, MO | MO-KS | 122 | 63/100 |
| Oklahoma City, OK | OK | 120 | 68/100 |
| Chicago | IL | 118 | 60/100 |
| Charlotte | NC-SC | 115 | 64/100 |
| Fort Worth | TX | 106 | 65/100 |

## Where This Lender Ranks

USAA Federal Savings Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Philadelphia, PA for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/philadelphia-pa/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Asheville, NC for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/asheville-nc/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Syracuse, NY for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/syracuse-ny/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Pinehurst for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/pinehurst/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Allentown for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/allentown/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Kiryas Joel for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/kiryas-joel/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Bakersfield for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/bakersfield/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Rockingham County for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/rockingham-county/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Olympia for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/olympia/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Wildwood for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/wildwood/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Johnson City, TN for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/johnson-city-tn/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Manchester for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/manchester/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Scranton for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/scranton/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Waco, TX for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/waco-tx/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Tyler, TX for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/tyler-tx/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Lake County, IL for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/lake-county-il/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Hickory for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/hickory/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Kingsport for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/kingsport/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Slidell for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/slidell/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Charlottesville, VA for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/charlottesville-va/best-mortgage-lenders/banks/va-loans)

## Frequently Asked Questions

### What loan types does USAA Federal Savings Bank offer?

USAA Federal Savings Bank offers the following mortgage loan types: Conventional, VA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does USAA Federal Savings Bank offer mortgages?

USAA Federal Savings Bank is a national lender offering mortgages in all 50 states plus Washington D.C.

### How competitive are USAA Federal Savings Bank's mortgage rates?

USAA Federal Savings Bank has a pricing score of 54/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.129% below market average.

### What type of lender is USAA Federal Savings Bank?

USAA Federal Savings Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in San Antonio, TX.

### What is USAA Federal Savings Bank's loan approval success rate?

USAA Federal Savings Bank has a pull-through score of 45/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

---

## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/usaa-federal-savings-bank

### How to Cite

> "USAA Federal Savings Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/usaa-federal-savings-bank

---

**[View Interactive Profile →](https://saferate.com/lenders/usaa-federal-savings-bank)**