Best Mortgage Rates in San Antonio, TX
AI-powered mortgage matching for San Antonio homebuyers. Get pre-approved in minutes with access to 50+ lenders and the best rates available in Texas.
$290,000
Median Home Price
6.50%
Avg. Mortgage Rate
$472,030
FHA Loan Limit
1.80%
Property Tax Rate
San Antonio Housing Market Overview
San Antonio is one of the most affordable major cities in America for homebuyers, with a strong military presence making VA loans particularly popular. Joint Base San Antonio is the largest joint base in the Department of Defense, creating a large population of VA-eligible buyers.
San Antonio is one of the best markets for first-time buyers and VA loan users. Military families benefit from the strong VA lender network here. Prices remain well below the national average, and new construction is abundant in the northern suburbs.
Popular Neighborhoods
Estimated Monthly Payments in San Antonio
Based on median home price of $290,000
$1,466/mo
Best for 700+ credit, lowest long-term cost
No PMI
$1,723/mo
Best for first-time buyers, lower credit OK
MIP included
$1,739/mo
For veterans & military — zero down, no PMI
No PMI
Why San Antonio Homebuyers Choose Slate Financial
Pre-Approved in Minutes
Our AI analyzes your profile and matches you with the best loan programs instantly — no waiting days for a callback.
50+ Lender Network
We compare rates from over 50 lenders to ensure you get the absolute best deal available in the market.
AI-Powered Underwriting
Our AI looks beyond your credit score — analyzing 2,500+ data points for fairer, faster lending decisions.
Local Market Expertise
We understand the San Antonio market — neighborhoods, pricing, programs, and what it takes to win in this market.
Mortgage Programs Available in San Antonio
FHA Loans
Low down payment (3.5%) and flexible credit requirements. Perfect for first-time San Antonio homebuyers.
VA Loans
Zero down payment, no PMI, and the lowest rates available. For veterans and active-duty military.
Conventional Loans
Competitive rates for borrowers with good credit. PMI drops off at 20% equity.
Jumbo Loans
For San Antonio properties above the conforming loan limit. Competitive rates for high-value homes.
Refinancing
Already own in San Antonio? Lower your rate or tap into your equity with a cash-out refinance.
DSCR / Investment Loans
Qualify based on rental income, not personal income. Perfect for real estate investors.
Ready to Buy a Home in San Antonio?
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