| FREE WRITING PROSPECTUS | ||
| FILED PURSUANT TO RULE 433 | ||
| REGISTRATION FILE NO.: 333-206847-05 | ||
Sent: Thursday, January 26, 2017 9:24 AM
Subject: BACM 2017-BNK3 *** NEW ISSUE ANNOUNCEMENT*** PUBLICS
NEW ISSUE CMBS: $824.971mm
BANK OF AMERICA MERRILL LYNCH COMMERCIAL MORTGAGE TRUST 2017-BNK3
CO-LEAD MANAGERS & BOOKRUNNERS: BofA Merrill Lynch, Morgan Stanley & Wells Fargo
CO-MANAGER: Drexel Hamilton
PUBLICLY OFFERED CERTIFICATES
| PRIN | NOI | ||||||
| CLASS | Moody's/Fitch/DBRS | SIZE($MM) | WAL(YRS) | CE% | WINDOW | DY% | LTV% |
| A-1 | Aaa(sf)/AAAsf/AAA(sf) | $27.490 | 2.87 | 30.000% | 1-60 | 16.6% | 40.7% |
| A-2 | Aaa(sf)/AAAsf/AAA(sf) | $52.680 | 5.00 | 30.000% | 60-60 | 16.6% | 40.7% |
| A-SB | Aaa(sf)/AAAsf/AAA(sf) | $33.360 | 7.28 | 30.000% | 60-112 | 16.6% | 40.7% |
| A-3 | Aaa(sf)/AAAsf/AAA(sf) | [$110.000]* | 9.69 | NOT AVAILABLE | |||
| A-4 | Aaa(sf)/AAAsf/AAA(sf) | [$426.236]* | 9.82 | 30.000% | 117-119 | 16.6% | 40.7% |
| A-S | Aa3(sf)/AAAsf/AAA(sf) | $92.824 | 9.91 | 20.000% | 119-119 | 14.5% | 46.6% |
| B | NR/AA-sf/AA(sf) | $46.412 | 9.91 | 15.000% | 119-119 | 13.6% | 49.5% |
| C | NR/A-sf/A(sf) | $35.969 | 9.91 | 11.125% | 119-119 | 13.1% | 51.7% |
*Class A3/A4 final class sizes TBD. Expect a larger A3 and smaller A4.
Class A3 has been pre-placed.
| POOL BALANCE: | $977,092,638 |
| NUMBER OF LOANS/PROPERTIES: | 63/94 |
| WA MORTGAGE INT. RATE: | 4.5591% |
| WA CUT-OFF LTV: | 58.2% |
| WA UW NCF DSCR: | 2.09 |
| WA UW NOI DEBT YLD: | 11.6% |
| WA ORIG TERM TO MATURITY: | 116 |
| WA ORIG AMORTIZING TERM: | 350 |
| TEN LARGEST LOANS: | 48.9% |
| LOAN SELLERS: | WFB (35.2%), MS (33.5%), BANA (31.3%) |
| TOP 5 STATES: | CA(28.5%), NY(9.1%), VA(8.9%), WA(8.2%), AL(8.2%) |
| TOP 5 PROPERTY TYPES: | RT(29.6%), OF(21.1%), MU(14.6%), HO(12.4%), SS(11.2%) |
| MASTER SERVICER: | Wells Fargo Bank, National Association |
| SPECIAL SERVICER: | Midland Loan Services |
| TRUSTEE: | Wilmington Trust, National Association |
| CERT ADMIN: | Wells Fargo Bank, National Association |
| TRUST ADVISOR: | Park Bridge Lender Services LLC |
| INITIAL CNTRLG CLASS REP: | Blackrock Realty Advisors, Inc. |
| DES MOINES BFAST: | Thursday, January 26, 7:30am CST Des Lux Hotel |
| MINNEAPOLIS LUNCH: | Thursday, January 26, 1:30pm CST The Grand Hotel |
| BOSTON BFAST: | Friday, January 27, 8:00am EST The Langham Boston |
| HARTFORD LUNCH: | Friday, January 27, 12:00pm EST Max’s on Asylum |
| INVESTOR GROUP CALL: | Monday, January 30, 10:30am EST |
| 855-312-6134 / Code: 950 687 29 | |
| EXPECTED PRICING: | Week of 1/30 |
| EXPECTED SETTLEMENT: | On or about 2/16 |
ATTACHED: TERM SHEET, ANNEX A-1
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