Flexible Mortgage Types, Loan Options for First Time Home Buyers

SunTrust Mortgage, Fee Choices, Buyer Service

SunTrust mortgage might be one of many choices for homebuyers in Southern states who’re searching for simple software, quick approval, versatile cost and pleasant customer support. The financial institution additionally has a variety of cost help applications for troubled householders and is keen to work with them to forestall foreclosures. Moreover, the financial institution additionally maintains a list of foreclosures and reo properties on the market in case you want to purchase a house at a lower-than-market price.

SunTrust Mortgage Choices – An Overview

SunTrust Financial institution is the most important subsidiary of SunTrust Banks, Inc., an American bank-holding firm headquartered in Atlanta. The financial institution has been in existence since 1891, sustaining US$175 billion in belongings as of December 31, 2013, providing a variety of banking and financing providers by way of greater than 1,500 branches and a couple of,250 ATMs in a couple of dozen Southern states.

Solely these dwelling loan seekers who reside in Alabama, Arkansas, District of Columbia, Delaware, Florida, Georgia, Maryland, Mississippi, North Carolina, Pennsylvania, South Carolina, Tennessee, Virginia and West Virginia can apply for SunTrust mortgages. The next are among the loan applications obtainable at SunTrust Financial institution.

To use, you may name 877.907.1043, electronic mail or go to a financial institution department to satisfy a loan officer in particular person. It’s also possible to apply on-line utilizing the net mortgage software of the financial institution. An account can be arrange which you’ll be able to entry on-line utilizing your electronic mail handle as you login ID and a password. Use a calculator to know the way a lot you may afford to borrow earlier than you fill out the appliance.

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SunTrust Buyer Service

You’ll be able to contact SunTrust customer support by telephone, electronic mail or odd mail. The telephone quantity to speak to a financial institution consultant is 1-800-634-7928, which stays the identical when you want to use the Relay System. The mortgage mailing handle for making common enquiries is as follows.

SunTrust Mortgage, Inc.
Mail Code RVW 3003
PO Field 26149
Richmond, VA 23260-6149

You’ll be able to write to the financial institution utilizing the above mailing handle or go to a brick-and-mortar department to see a loan officer in particular person.

SunTrust Mortgage Fee

You need to use the varied on-line banking and different providers to pay mortgages. Bear in mind to pay earlier than the grace interval expires. It’s also doable to repay early for a faster amortization. Additional, the financial institution may help troubled householders with quite a lot of cost help choices.

What are the varied cost choices at SunTrust Financial institution?

The next are the other ways of creating funds in case you are an present mortgage borrower of the financial institution.

  • SurePay ACH On-line Fee
  • ePay Digital Invoice Fee
  • SunTrust Financial institution On-line Invoice Pay
  • SpeedPay
  • S. Mail Postal Service

Whereas the net cost choices, corresponding to SurePay, ePay and Invoice Pay, are free to make use of, the opposite choices will not be free. For instance, you want to pay a charge for SpeedPay and bear the price of postal stamps for making funds by mail. Furthermore, you may also arrange automated funds utilizing the free SurePay service of the financial institution.

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What’s the mailing handle to ship funds by mail?

The next is the SunTrust mortgage cost handle.

SunTrust Mortgage, Inc.
PO Field 79041
Baltimore, MD 21279-0041

How can I entry mortgage data on-line?

You’ll be able to enroll and acquire login particulars to make use of SunTrust Financial institution’s on-line banking, which is accessible 24×7. To enroll, you may click on “Logon to My Account” and create your safe login username and password. You probably have already signed up, you may sign up anytime from wherever to entry your mortgage loan data and do quite a lot of issues, corresponding to making funds and viewing or printing month-to-month statements.

Can I repay early or make additional funds for a quicker amortization?

You’ll be able to repay early, however a charge could also be relevant to take action. You’ll be able to name SunTrust mortgage payoff telephone quantity or contact the Shopper Providers Division at 800.634.7928 to acquire your payoff quantity, which can be completely different out of your principal stability because the curiosity in your loan is calculated in arrears. Furthermore, you may also make additional funds to repay quicker. Simply contact the Fairness Accelerator division at 800.209.9700 to rearrange for bi-weekly funds.

How can I contact SunTrust Insurance coverage Dept. for insurance coverage renewals or payments?

The insurance coverage division might be contact by telephone in addition to by mail. The telephone quantity is 866.515.2139 and the mailing handle is as follows.

SunTrust Mortgage, Inc.
ISAOA/ATIMA
P.O. Field 47047
Atlanta, GA 30362

What are the cost help choices at SunTrust Financial institution?

You need to name the Collections Division at 800.443.1032 in case you are dealing with hassle in making funds. To debate cost help, you want to contact a Dwelling Preservation Specialist of the financial institution at 855.223.4680.

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You might be supplied an acceptable choice relying upon your capability to repay the debt. If you wish to preserve your private home, you could qualify for a refinancing or mortgage modification choice. Then again, in case you are not in a position to repay the loan, you be supplied a brief sale bundle to keep away from foreclosures.

SunTrust Mortgage Foreclosures

SunTrust Financial institution can foreclose on a property that has a lien and the proprietor has didn’t repay the loan. A few of these foreclosed houses grow to be part of the bank-owned properties that SunTrust is entitled to promote within the open market, attracting patrons who’re searching for an inexpensive dwelling with simple finance.

You have to contact the SunTrust REO division for details about such foreclosures. Search on-line at its web site for REO properties in your neighborhood and name its mortgage specialist for preapproval. The telephone quantity to discover your choices and get pre-qualified is 800.330.4684.