BBVA Compass Short Sale Guidelines

BBVA compass is a smaller servicer and actually has proven to process short sale transactions fairly quickly, but you need to be aware of their guidelines upfront. BBVA Compass does not participate in the HAFA program. BBVA Compass typically does not provide any sort of relocation incentives to homeowners who are going to be completing a short pay. Furthermore; BBVA Compass does not typically waive deficiencies. They will require a large cash contribution or for the borrowers to set up a payment plan in order to waive a deficiency on a transaction. Take BBVA Compass Short Sale Guidelines into consideration prior to beginning a short sale with them so that you have reasonable expectations of the transaction.

For short sale assistance or questions about any type of short sale situation please fill out the form below.

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