Mortgages
Mortgage Options
BBVA offers fixed-rate, no or low down payment, jumbo, professional or other home mortgages.
Mortgage 101
There are many factors to consider when deciding which mortgage will work for you.
Mortgage Calculators
Estimate payments throughout the home buying and mortgage payment process.
Mortgage Servicing
Resolve potential problems and get your questions answered on existing mortgage loans.
Mortgage Loans Made Easy
Whether you're thinking about buying, building or refinancing a home, BBVA offers mortgage loan options tailored to your needs. Tell us a bit about yourself, and we'll show you a variety of terms and rates. You can then pre-qualify if you're purchasing a home or jump to the application otherwise. The entire process only takes about 15 minutes.
| Product | Interest Rates | Discount Points | APR |
|---|---|---|---|
|
30 Year Fixed Rate |
2.750% |
1.000% |
2.925% |
|
20 Year Fixed Rate |
2.750% |
1.000% |
2.999% |
|
15 Year Fixed Rate |
2.375% |
0.875% |
2.677% |
|
10 Year Fixed Rate |
2.250% |
1.250% |
2.771% |
Jumbo Rates
Jumbo mortgage products are for loan amounts that exceed $510,400.
| Product | Interest Rates | Discount Points | APR |
|---|---|---|---|
|
30 Year Fixed Rate |
3.000% |
1.000% |
3.170% |
|
20 Year Fixed Rate |
2.750% |
1.000% |
2.988% |
|
15 Year Fixed Rate |
2.750% |
1.000% |
3.060% |
|
10 Year Fixed Rate |
2.500% |
1.000% |
2.950% |
Choose a Calculator
How much can I borrow?
Your down payment, credit score, and income affect how much you can borrow.
How much will my payments be?
Calculate your monthly mortgage payments before you buy your dream home.
15 year or 30 year?
Which option is right for you: a 15 or 30-year fixed-rate mortgage loan?
What will my closing costs be?
Typically, home closing costs are between 2% and 5% of the purchase price.
Looking for another calculator? View all our calculators here
Forms you may need
Links to mortgage related documents and request forms.
Details you need to make a smart decision
General Disclosures
- All loan applications are subject to Borrower eligibility, Loan Program requirements, and Underwriting approval.
- Interest Rates, including those published or quoted, are not guaranteed until Locked in.
- Locked Interest Rates are subject to the terms of the Lock Agreement.
- Interest Rates subject to change without notice.
- Additional Loan Products / Programs and Pricing options may be available (e.g. FHA, VA, USDA, etc.).
- Other terms, conditions, and restrictions may apply.
- On some products, BBVA offers discounted rates to borrowers who obtain a qualified BBVA bank account and establish a monthly auto debit of their mortgage account from that account. For qualifying mortgage products, the rates displayed reflect this auto debit rate reduction. Please consult with one of our loan officers for further details.
- All examples assume that this loan will be in first lien position.
- If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. The payment amount does not include homeowner's insurance, flood insurance (if applicable), or property taxes which must be paid in addition to your loan payment.
- The displayed Annual Percentage Rate (APR) is a measure of the cost to borrow money expressed as a yearly percentage. For mortgage loans, excluding home equity lines of credit, it includes the interest rate plus other charges or fees (such as mortgage insurance, discount points, etc.). For home equity lines, the APR simply reflects the interest rate. When shopping for a mortgage, you can use the APR to compare the costs of similar loans between lenders.
- Interest rates and annual percentage rates (APRs) are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score, refinance with cash out and other variables—call for details. This is not a credit decision or a commitment to lend.
- Additional closing costs may apply. Refer to your Loan Estimate (LE) for specific details.
Conventional Products
- This is a Purchase Transaction of an Owner-Occupied, Single-Family Primary Residence; Detached 1-Unit Property in Jefferson County, Alabama.
- The Loan Amount is $510,400, with an Appraised Value of $680,534, at approximately 75% Loan-to-Value (25% Down Payment). No Secondary Financing.
- An ESCROW Account for the payment of Property Taxes and Homeowner's Insurance will be established with this loan. Escrows are not waived.
- The Median Credit Score used in this example is 740.
- Debt-to-Income Ratio is less than or equal to 45%.
- The Lock Commitment Period for this Interest Rate is 45 Days.
- Discount Points for this Interest Rate are the closest available option to 1.00.
Jumbo Products
- This is a Purchase Transaction of an Owner-Occupied, Single-Family Primary Residence; Detached 1-Unit Property in Harris County, Texas.
- The Loan Amount is $840,000, with an Appraised Value of $1,200,000, at approximately 70% Loan-to-Value (30% Down Payment). No Secondary Financing.
- An ESCROW Account for the payment of property taxes and homeowner's insurance will be established with this loan. Escrows are not waived.
- The Median Credit Score used in this example is 760.
- Debt-to-Income Ratio is less than or equal to 43%.
- The Lock Commitment Period for this Interest Rate is 45 Days.
- Discount Points for this Interest Rate are the closest available option to 1.00.
Definitions
- "Conventional" Products refer to those mortgage applications with Loan Amounts less than or equal to $510,400 in most counties.
- "Jumbo" Products refer to those mortgage applications with Loan Amount greater than $510,400.
- Fixed Rate Mortgage - The Interest Rate is fixed for the life of the loan. The Monthly Principal & Interest Payment cannot change.