SunTrust Mortgage
SunTrust Mortgage Inc. is a wholly-owned subsidiary of SunTrust Bank - a $179.7 billion financial institution operating in Virginia, the District of Columbia, Maryland, North Carolina, South Carolina, Georgia, Alabama, Tennessee and Florida. Currently, SunTrust Mortgage Inc. originates loans through 170 locations in SunTrust markets, maintains correspondent and broker relationships in 49 states and services loans in 50 states and the District of Columbia. At present the number of loans serviced by SunTrust equals 733, 657.
Today SunTrust offers different options for mortgage: 10-30 year fixed mortgages, adjustable rate mortgages, jumbo mortgages (for those homeowners who want the security of a fixed rate loan and whose loan amount exceeds the “conforming” loan limit; more liberal ratios for loans with loan-to-value ratios 90% or less), mortgages for special needs and FHA/VA mortgages plus various payment plans, such as Bi-Weekly payment plan (If you can’t qualify for the higher payment on a 15 year loan, get a 30 year bi-weekly to pay off early by making half of your regular monthly payment every two weeks - with 26 bi-weekly payments a year, you end up making 13 instead of 12 monthly payments).
Here are the current SunTrust Mortgage rates for different types of mortgages:
Types of mortgages Interest Rate Annual Percentage Rate
| 15 Yr Fixed Conventional |
6.125% |
6.754% |
| 30 Yr Fixed Conventional |
6.500% |
7.128% |
| 15 Yr Jumbo Fixed |
6.375% |
6.978% |
| 30 Yr Jumbo Fixed |
6.750% |
7.352% |
| 15 Yr FHA - Fixed |
6.000% |
7.144% |
| 30 Yr FHA - Fixed |
6.375% |
7.306% |
| 15 Yr VA - Fixed |
6.000% |
7.144% |
| 30 Yr VA - Fixed |
6.375% |
7.306% |
| 15 Yr Combo Conforming |
8.250% |
9.008% |
| 30 Yr Combo Conforming |
8.375% |
9.132% |
You can check current interest rates and apply for a certain mortgage online by visiting SunTrust Mortgage web-site: www.suntrustmortgage.com