Simple mortgage solutions and up to $500 off the origination fee for first time home buyers.
BBVA Compass is committed to helping first time home buyers obtain their dream of home ownership. That’s why we have developed simple and transparent mortgage solutions built with you in mind. To help even more we are also offering up to $500 off your origination fee. See below for details.
Up to $500 off origination fee:
- Available for first time home buyers
- Offer only available for applications received from April 1, 2015- September 30, 2015
- Valid for loan values under conforming limits under Fannie Mae guidelines
Call or stop by today to learn more and to get started. Our mortgage experts are ready to help you buy your first home.
All loans are subject to program eligibility, collateral and underwriting requirements, and approval, including credit approval. The origination fee credit is equal to 1% of the loan amount, not to exceed $500. Origination Fee credit offer is available on First Time Home Buyer applications received from July 1, 2015 to September 30, 2015 that subsequently closed by November 15, 2015. A first time home buyer includes those individuals who meet the U.S. Department of Housing and Urban Development’s definition of a first time home buyer. This definition includes, among other things, an individual who has had no ownership in a principal residence during the 3-year period ending on the date of purchase of the property. Please contact us to determine if you meet the definition of a first time home buyer for this offer. Professional, Foreign National, HOME, employee and Portfolio Products where BBVA Compass waves the lender’s origination fee are excluded from the Origination Fee credit offer. Other restrictions may apply. Valid for loan values under conforming limits under Fannie Mae guidelines. BBVA Compass is a trade name of Compass Bank, a member of the BBVA Group. Compass Bank is a Member FDIC and an Equal Housing Lender.