SunTrust Mortgage, Inc. is a wholly-owned subsidiary of SunTrust Bank. SunTrust Banks, Inc., headquartered in Atlanta, Georgia, is one of the country’s largest commercial banking organizations. SunTrust Bank is a $179.7 billion financial institution operating in Virginia, the District of Columbia, Maryland, North Carolina, South Carolina, Georgia, Alabama, Tennessee and Florida. They serve a wide range of consumer, commercial, corporate and institutional clients. SunTrust Mortgage, Inc. is one of the country’s largest bank-owned mortgage companies. Currently, SunTrust Mortgage, Inc. originates loans through 170 locations in SunTrust markets and adjacent states, maintains correspondent and broker relationships in 49 states and services loans in 50 states and the District of Columbia. SunTrust Mortgage not only originates loans, but also purchases, sells, as well as services mortgage loans. SunTrust Mortgage’s goal is providing their customers greater value for their money than any competitors.
SunTrust Mortgage Loan Options
SunTrust Mortgage has a loan for all situations. They work with their clients to find the best funding fit for their specific situations. Here are just a few of the loans programs offered by SunTrust:
- New Home Purchases
- Refinance Mortgage Programs
- Balloon Loan Programs
- 1 Year LIBOR Adjustable Rate Mortgages
- SunTrust Combo Loan (1st and 2nd Funded at the SameTime)
- ARM Alternatives
- Jumbo Loans
- Interest Only loans
- 10-30 Year Fixed Rate Loans
- VA and FHA Loans
- Construction-Permanent Loans
- No Income Verification Loans
Applying at SunTrust Mortgage
At SunTrust the customer may pre-qualify online 24 hours a day 7 days a week. Once the borrower has received automated pre-qualification a loan consultant will contact him/her. In the mean time, the potential borrower may familiarize oneself with the mortgage process by utilizing some of the reference calculators on SunTrust’s’ website and avail oneself of the live chat feature if it is taking place. Chat archives may also be accessed. The most frequently employed of SunTrust’s loan products are fully explained on their website. A mortgage glossary and library of articles rounds out the self-help portions of SunTrust’s website. Armed with all this information, SunTrust’s customers cannot fail to make an informed choice, obtaining the best deals available. Of course a SunTrust representative will be there to guide the customer throughout the process.
In December 1998, Crestar Financial Corporation merged with SunTrust Banks, Inc., forming one of the largest commercial banking organizations in the country. SunTrust Mortgage, Inc. is comprised of the former Crestar Mortgage Corporation and the former residential mortgage lending company of SunTrust.
This site is not a broker and does not collect or solicit mortgage applications. Content is for informational or comparison purposes only. Services are not available in New York. Products and services may not be available in all other states.