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At BBVA Compass, we value your business and apologize for any inconvenience that you may experience during this maintenance period.A home-equity loan, also known as a second mortgage, lets homeowners borrow money by leveraging the equity in their homes.(Find out how to determine whether refinancing will put you ahead or even more behind.Read .) If you are contemplating a loan that is worth more than your home, it might be time for a reality check.

With a home-equity loan, homeowners could borrow up to 0,000 and still deduct all of the interest when they file their tax returns. In addition, our ATMs will have limited functionality and will not be able to accept deposits during this time. (Central Time), Sunday, January 21, Telephone, Online Banking, the Mobile Banking App and the Wallet App will be unavailable due to routine maintenance.Fixed-rate home-equity loans can help cover the cost of a single, large purchase, such as a new roof on your home or an unexpected medical bill.And the HELOC provides a convenient way to cover short-term, recurring costs, such as the quarterly tuition for a four-year degree at a college.

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