SunTrust Bank mortgage
Learn more about SunTrust Bank mortgage rates and compare this lender to others.
Updated April 26, 2024
NLMS: 2915
Check SunTrust Bank mortgage rates
Loans offered:
Purchase, Refinance, Home Equity, Jumbo, Fixed, Adjustable, FHA, VA, USDA
Min. credit score required:
620
Min. down payment:
3%
For example, if you apply for a 15-year $400,000 mortgage with an interest rate of 6.15% and a down payment of 10% you would receive $360,000 and make 180 payments of $3,067.14. The total amount paid would be $552,084.
Information about bank
- Organisation:SunTrust Bank
- Website:
- Headquarters:303 Peachtreet Street, Northeast Atlanta Georgia
- Consumer Lending and Credit Card Support:
- Mortgage Support and Payment Solutions:
- All other requests:
SunTrust Bank Mortgage Pros&Cons
Pros:
- Wide range of mortgage options. There is an excellent selection of loan products to meet a variety of needs.
- Rated A+ by BBB. The Better Business Bureau (BBB) has awarded SunTrust an A+ rating for delivering exceptional customer service.
- No credit score, no problem. SunTrust will use alternative credit scoring data to determine your eligibility if you don’t have a credit score.
Cons:
- Higher than average interest rates. Compared to other banks, SunTrust’s mortgage rates are a bit on the high side.
- Some states are excluded. If you’re in Alaska, Arizona, Hawaii or Oregon, you can’t apply for a mortgage.