Best Mortgage Lenders in San Antonio Texas

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Contributor, Benzinga
February 21, 2022

Benzinga has researched the top mortgage lenders to show you the best mortgage lenders in San Antonio, Texas for buying a home or refinancing.

The Best Mortgage Lenders in San Antonio, Texas

See also: Best Mortgage Lenders in Texas

Achieve Home Ownership With Angel Oak Home Loans

Angel Oak Home Loans is a full-service mortgage lender offering traditional and portfolio Non-QM mortgage loans. Angel Oak is licensed in 45 states and offers competitive rates and quick closing times. 

  • Available for purchase, cash-out or rate-term refinance
  • Primary, second home, or investment properties
  • Single family, townhomes, or condos
  • Loan amounts up to $3.5 million
  • No tax return options for self-employed borrowers and real estate investors
  • 1099 income options available
  • Government loan products available (FHA, USDA, VA)
  • Competitive rates on conventional purchase and refinance
  • Flexible down payment options
  • Non-warrantable condos allowed

San Antonio, Texas Real Estate Market

San Antonio is the 2nd most populous state in Texas and the 7th most populous in the United States with 1,434,625 residents. Known as Greater San Antonio, its metropolitan area is the 3rd largest metropolitan area in Texas. It is the most visited city in all of Texas, with attractions such as; The Alamo, The San Antonio Zoo, the River Walk, and the Tower of The Americas. Its municipality is over 300 years old and contains historic parks and churches throughout the city. San Antonio is also home to major companies like Valero Energy Corp, H-E-B, Tesoro, and USAA. The South Texas Medical Center and Fort Sam Houston are also located in San Antonio.

The median home value in San Antonio is currently $184,962. The real estate market here has seen an increase in the annual appreciation rate over the last 10 years of 6.08%. While most residents are homeowners, there is a large percentage of renters - nearly 47%. The average rental rate for this area is $1,445 per month. Most homes are single-family with 3 bedrooms, built between 1970 - 1999. San Antonio is home to many ethnically diverse young professionals looking to start their careers and enjoy the history and culture of this big city.   

Cross Mountain
Scenic Oaks
Oakland Estates
Leon Springs/Beckmann
Timberwood Park
Wetmore
Kentwood Manor
Robards
Southton/Boldtville
China Grove

Nearby Communities

Alamo Heights
Castle Hills
Hill Country Village
Hollywood Park
Kirby
Leon Valley
Olmos Park
Shavano Park
Terrell Hills
Windcrest

Current Mortgage Rates in Texas

Several factors impact your mortgage rate. These include your credit history, the size of your down payment and your mortgage amount. Rates change daily and lenders adjust rates up or down to reflect changes in the economy and in the housing market. We update mortgage rates frequently to reflect the most relevant information. 

Loan TypeRateAPR
30-year fixed 6.802% 6.921%
15-year fixed 6.545% 6.824%
7/1 ARM (adjustable rate) N/A N/A
5/1 ARM (adjustable rate) 6.4% 7.246%
Rates based on an average home price of $207,301 and a down payment of 20%.
See more mortgage rates on Zillow

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