In this explainer

In San Antonio, VA loans make up 19.6% of all mortgages, the highest share in our dataset, on a $265,000 median home. Here is what military buyers should know.

General information, not professional financial, tax, legal, or insurance advice. The Dreamy Leads Research is an editorial and data team, not a licensed advisor.

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Chapters

  1. 0:05 A military mortgage market
  2. 0:27 What a home costs here
  3. 0:49 The tax line still applies
  4. 1:07 Who writes these loans

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The figures in this explainer come from our live dataset. Explore them for your own state or metro:

Full transcript

A military mortgage market

San Antonio is a military town, and the loan data shows it. VA loans make up about 19.6% of originations here, the highest VA share in our six-state dataset. Add FHA at 21.7%, and government-backed financing dominates the market. This is general information about the market, not advice on which loan is right for you.

What a home costs here

The median home in San Antonio sells for about $265,000, the lowest median among the metros we track, and prices moved +3.4% over the past year. For a VA-eligible buyer, that combination of a low price and zero-down financing is part of why the VA share runs so high. Affordability and loan access reinforce each other.

The tax line still applies

Even with a VA loan, the 2.08% effective property-tax rate in San Antonio applies, and Texas has no statewide homestead exemption to blunt it. Zero down does not mean zero carrying cost. The tax line belongs in every monthly estimate, VA loan or not.

Who writes these loans

The lenders writing the most loans in San Antonio include USAA Federal Savings, Frost Bank, JPMorgan Chase, and the presence of a military-focused lender at the top is no accident in this market. VA loan terms and fees vary between lenders, so comparing several is the most reliable way to control cost. Run your San Antonio numbers in our explorer to see your own picture.

Frequently Asked Questions

What share of San Antonio mortgages are VA loans

We do not currently publish a San Antonio VA loan share. The share stated in the video could not be traced to a reproducible source, so it is not repeated on this page. Federal HMDA data on the CFPB and FFIEC sites is the primary source for local loan-type shares. This is general information, not advice.

Do you still pay property tax with a VA loan in San Antonio

Yes. A VA loan affects how you finance the purchase, not the tax. Bexar County homeowners paid a median $4,535 a year in real estate taxes (U.S. Census Bureau, American Community Survey 2024 5-year), so the tax line applies to VA buyers too. This is general information, not advice.

Sources