Commercial Real Estate
- Up to $7,500 off closing costs on loans $1 million to $2.5 million
- Up to $3,000 off closing costs on loans under $1 million
- Meet or Beat Rate Offer - BBVA Compass will beat documented competitors rates by .10% (10 basis points) or pay the commercial real estate loan applicant $500.00 (subject to certain conditions)
On Special Offer: Application must be received between 10/1/13 and 12/31/13 and loan must be booked by 3/31/2014 to be eligible for this special offer. All loans subject to eligibility, collateral and underwriting requirements, and approval, including credit approval. Special closing costs offer available for a limited time only on qualifying commercial real estate loan applications received and booked within the specified offer dates. Up to $7,500 off closing costs on loans from $1 million to $2.5 million; up to $3,000 off closing costs on loans under $1 million. Your actual closing costs discount may vary. Offer applies to qualified types of owner-occupied commercial real estate and qualified borrowers. Offer not valid in conjunction with any other discount or offer. Customer is responsible for any closing costs and fees outside of any special promotions and reimbursement of any third party costs if loan is paid off within 36 months of loan closing.
"MEET OR BEAT" RATE OFFER: Available on approved Commercial Real Estate Loans in amounts from $500,000 to $2.5 million. Not available on Construction Loans, SBA Loans, or refinance of loans already with BBVA Compass. To be eligible for this offer, a complete credit application must be completed and all supporting documentation provided, including an original commitment letter from a competing lender on official letterhead. The loan offer and/or loan package from the competing lender must have comparable terms, conditions, stipulations, requirements and structure to the loan offer and/or loan package being provided by BBVA Compass. If the terms, conditions, stipulations, requirements or structure vary in a way that has material impact to the financial terms of the loan, a comparison can not and will not be conducted and the offer will not be available. If approved, BBVA Compass will beat competitive rates by .10% (10 basis points) or pay the applicant $500. BBVA Compass business checking account required to receive $500 award if BBVA Compass is unable to match a competitors’s documented rates. $500 award may be subject to IRS reporting for tax purposes.
All loans subject to eligibility, collateral and underwriting requirements, and approval, including credit approval.