BBT Mortgage

BBT mortgage loans are available with a number of terms and loan types. The BBT mortgage loans can be obtained online through the bank website at bbt.com, through the BB&T Bank branch network and by calling a BBT mortgage representative. BBT mortgages through these channels are offered for purchases and refinances at competitive mortgage rates and closing costs.

The BBT 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 BBT Bank, the prospective borrowers has the option of saving the new mortgage application and returning to complete it at a later time.

BB&T Bank offers fixed rate mortgages, adjustable rate mortgages, construction to permanent loans, Veteran’s Administration home loans as well as other home loan programs. Among the other home loan options available with BBT home mortgage are mortgage loan programs to help first time home buyers and buyers with limited credit or income.

BBT mortgages with fixed rates have a fixed interest rate for the entire term of the home loan and are available in standard loan terms of 10 years, 15 years, 20 years and 30 years. BBT 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 BBT mortgage referred to as a construction to permanent mortgage loan is a home loan that can be used 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.

The BBT mortgage rates on these loans will vary with specific attributes of your loan request and will also vary from one state to another. The mortgage website for BBT does not offer much information on current mortgage rates.

Potential home loan borrowers that are not sure of their financing needs can use a BBT mortgage payment calculator to help evaluate all of the available options before deciding on the best mortgage loan product.

The BB&T banking online feature will also afford existing home loan borrowers the ability to view their mortgage account any time of the day. 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.

Along with the variety of mortgage loan programs, BB&T offers a number of traditional bank products and services include checking accounts, money market accounts, bank CDs, savings, online banking, credit cards along with trust services, private financial services, investments, and insurance.

This entry was posted on Friday, May 27th, 2011 at 11:22 am and is filed under BB T Mortgage. 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.