BB&T Bank Mortgages

BB&T Bank offers a number of mortgage loan options both online and through the BB&T Bank branch network.  BB&T Bank offers home loans for purchase and refinances at competitive mortgage rates.

BB&T Bank offers fixed rate mortgages, adjustable rate mortgages (ARMs), construction to permanent loans, Veteran’s Administration home loans as well as other home loan programs.

BB&T Bank fixed rate mortgages have a fixed interest rate for the entire term of the home loan and are available in standard terms of 10 years, 15 years, 20 years and 30 years.

BB&T Bank adjustable rate mortgages are mortgage loans with an adjustable or variable interest rate based on the changes in an underlying index.  The adjustable rate mortgages have an initial fixed rate that will vary after a set term has expired depending on the type of adjustable rate mortgage.

The BB&T Bank construction to permanent mortgage loan is a home loan that can be sued to finance the construction of a new home with the features of a line of credit combined with an end loan that has a fixed loan amount and fixed loan term.

BB&T Bank also makes Veterans Administration loans available that have several different options including adjustable and fixed rate mortgages with 100% financing for qualified veterans, active duty, reserves, and National Guard personnel.

The BB&T Home Mortgage Direct division provides a separate website for consumers to apply for a mortgage securely online.  When applying for a home loan online with BB&T Bank, the prospective borrowers has the option of saving the new mortgage application and returning to complete it at a later time

The BB&T banking online feature allows existing home loan borrowers the ability to view their mortgage account any hour of the day, 7 days a week.  BB&T Bank home loan borrowers can not only view their current mortgage loan information but the borrower can also make their monthly mortgage payment, review the mortgage escrow account, request copies of loan documents and view mortgage loan amortization schedules and payoff balances.

BB&T mortgage online is available for borrowers in the mortgage service area that includes Alabama, Florida, Georgia, Indiana, Kentucky, Maryland, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia, Washington, D.C. and West Virginia.

BB&T Corporation is headquartered in Winston-Salem, N.C.  BB&T Bank operates more than 1,800 bank offices in North Carolina, South Carolina, Virginia, West Virginia, Kentucky, Georgia, Tennessee, Maryland, Florida, Alabama, Indiana, Texas, Nevada and Washington, D.C.

Traditional bank products and services offered by BB&T Bank  include checking accounts, money market accounts, bank CDs, savings, online banking, credit cards along with trust services, private financial services, investments, and insurance.

Tags: adjustable rate mortgages, bank CDs, BB&T bank, checking accounts, credit cards, escrow account, fixed rate mortgages, home loan, money market accounts, mortgage, mortgage loan, mortgage payment, mortgage rates, online banking, refinances, savings

This entry was posted on Thursday, November 26th, 2009 at 12:46 am and is filed under mortgages. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.