You're Pre-Qualified

Right now, you are pre-qualified for an introductory variable rate of Prime minus 1.51% for 12 months. (Currently 2.49% variable APR*)

After the 12-month introductory rate period at Prime minus 1.51%, variable APRs range from Prime plus 0.38% to Prime plus 2.74% depending on the specific characteristics of the transaction. Currently 4.38% to 6.74% APR.

With a Home Equity Line of Credit (HELOC), you can access the equity in your home to help pay for life’s expenses.  Whether you want to tackle a renovation project, medical bills or even to fund a dream vacation, we’re here to help you create your bright future.

Here’s how a HELOC works:

  • Access funds now or in the future with this flexible revolving line of credit
  • As the balance owed is paid down, it becomes available again during the draw period
  • Funds can be accessed through a VISA Platinum Credit Card, Convenience Checks, advances at a Branch or by Phone (Due to Texas law, Visa Platinum Credit Card is not available to make draws in Texas.)
  • Potentially tax-deductible interest (Consult a tax advisor for more information about the deductibility of interest)
  • Lock in up to three portions of your line balances at a fixed rate
  • Plus, bank-paid closing costs for lines of credit of up to $500,000!

Grab your bright opportunity today!


You can choose to stop receiving "prescreened" credit offers from this and other companies by calling toll-free 1-888-567-8988. See PRE-SCREEN & OPT-OUT NOTICE in the disclosures below for more information about prescreened offers.

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Details you need to make a smart decision

The customer is receiving this offer because he/she satisfied criteria for creditworthiness based on their credit report. Credit may not be extended if the customer responds to offer and it is determined that he/she does not meet the criteria used in selecting the customer, or does not furnish the required collateral.

Offer Eligibility: Special Introductory Variable Rate Offer of Prime minus 1.51% for 12 months (the “Offer”) is available only on Home Equity Line of Credit (HELOC) applications in amounts between $25,000 and $1,000,000 that are received between May 1st and October 31, 2017, which close on or before December 15, 2017. Eligibility for the Offer depends on the specific characteristics of your credit transaction, including credit line amount, your credit score and history, lien position, collateral location, and term. Applicants may be approved for a HELOC but determined to be ineligible for the Offer. In order to be eligible for the Offer: (i) borrower must have a FICO score of 720 or higher at the time of application; (ii) borrower must have a BBVA Compass checking account and auto debit all monthly payments from such account; and (iii) borrower must take advances totaling at least $25,000 within 15 days of the closing date and must have at least $25,000 outstanding on the line of credit at the end of the 15th calendar day after closing (not applicable if the property securing the line of credit is located in Texas). In addition, the combined loan-to-value (CLTV) for the property securing the HELOC cannot exceed 80%. Offer is available only to California, Texas, New Mexico, Arizona, Colorado, Alabama and Florida residents. Offer is not available for line increases on existing BBVA Compass HELOCs, Purchase Money Second Lines or to refinance existing BBVA Compass HELOCs or Home Equity loans. The Special Introductory Rate for HELOCs qualifying for the Offer is variable and is based on the Wall Street Journal U.S. Prime Rate (as of 3/17/2017, Prime Rate was 4.00%) minus the designated margin of 1.51%. The Offer applies to all advances taken during the first 12 months after line opening. After the 12 month introductory rate period is completed, the variable interest rate will be based on the Wall Street Journal U.S. Prime Rate (4.00% as of 3/17/17) plus a margin determined by the specific characteristics of your transaction (ranges are currently 0.38% to 2.74%). In no event will the APR be less than 3.50%, which is the floor rate and the maximum APR for all HELOCs will not exceed 18%. The Offer’s promotional APR is subject to forfeiture upon borrower becoming 60 or more days past due. Special Variable Rate The Offer may not be combined with any other promotional discount, but may be combined with Bank-paid closing costs.

HELOC: All HELOC applications are subject to program eligibility, underwriting, and collateral requirements and approval, including credit approval. BBVA Compass must receive a valid first or second real estate lien on a primary or secondary residence occupied by the borrower, provided that HELOCs secured by non-homesteaded properties are not available in Texas. Property insurance required, including flood insurance where applicable. Minimum required periodic payment is $75 or total line amount outstanding, whichever is less. A $75 annual fee is charged on the first anniversary of the line and every year thereafter (not applicable in Texas). A $75 fee is charged for each fixed rate conversion option that is exercised, waived for the first transaction.

Texas HELOCs: Maximum credit line cannot exceed 50% of appraised value of property securing the line of credit. BBVA Compass must receive a valid first or second real estate lien under Article XVI, Section 50(a)(6) of the Texas Constitution on a primary residence occupied by the borrower. Minimum draw in Texas is $4,000. In order to use convenience checks to make draws, borrower must submit request for convenience checks to BBVA Compass. VISA Platinum Credit Card is not available to make draws in Texas.

Debt Consolidation: The relative benefits you receive from loan consolidation will vary depending on your individual circumstances. If your Home Equity Loan or Line has a longer term than the bills you are consolidating, you may not realize savings over the entire terms of your Home Equity Loan or Line.

Closing Costs: BBVA Compass will pay for all closing costs on new home equity products with amounts ranging from $10,000 to $500,000. Credit requests for less than $10,000 or more than $500,000 shall be subject to actual closing costs incurred and permitted by law. Bank-paid closing costs are subject to recoupment if the line of credit is paid off and closed within 2 years (not applicable in Texas). To be eligible for bank-paid closing costs, you must to complete a $10,000 draw within 30 days of account opening which must remain outstanding for 90 days (not applicable in Texas). Closing costs vary by state and typically range from $675 on a $10,000 credit line to $6,250 on a $500,000 credit line. Texas closing costs typically range from $935 to $4,165 depending on credit line amount.

PRE-SCREEN & OPT-OUT NOTICE: Information contained in your credit report was used in connection with this “prescreened” offer of credit. You have received this offer of credit based on your satisfaction of the selection criteria for the offer. BBVA Compass reserves the right not to approve your Home Equity Line of Credit application, if you respond to this offer and do not meet all of the criteria for the loan offer. If you do not want to receive pre-screened offers of loans based on information in your credit file with TransUnion or the other consumer reporting agencies, call TransUnion toll-free at 1-888-567-8688, go to, or write to TransUnion, Marketing Opt-Out, P.O. Box 505, Woodlyn, PA 19094-0505.