suntrust home equity line of credit rates

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Cover a variety of financing needs with a low rate select credit Line from SunTrust. 1. When opportunities arise and unexpected events occur, you don’t have to dip into your savings or withdraw from your investments early to cover the costs. A suntrust select credit line offers you a low interest rate on the money you need-up to $5,000,000-and it’s.

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Suntrust is one of the largest banks in the country, and their home equity options make them a good lender if you are interested in a home equity line of credit. However, they do not offer home equity loans, which makes it hard to place them among the best lenders we reviewed. Rates and Fees. Suntrust’s interest rates are pegged to the prime rate, but they offer a promotional rate of 2.99% APR for 15.

 · The biggest advantage that a SunTrust home equity line of credit offers is the ability for borrowers to quickly pay off debts or expenses as they arise. Borrowers can use their funds to pay medical or dental bills, education-related expenses, automotive expenses or home improvements .

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Use the equity in your home to help pay for what matters most – now and in the future. With a SunTrust Home Equity Line of Credit, you can take advantage of a special variable rate, Prime minus 1.26%, currently 3.74% APR for 12 months1 on initial advances of $25,000 or.

“It’s fine to tap savings or use a home-equity loan or line of credit, but I don’t think it’s a good idea to use credit cards for home improvements,” he says. “Interest rates on credit cards tend to.

Advantages Of A Home Equity Line Of Credit (HELOC) Suntrust is one of the largest banks in the country, and their home equity options make them a good lender if you are interested in a home equity line of credit. However, they do not offer home equity loans, which makes it hard to place them among the best lenders we reviewed. Rates and Fees. Suntrust’s interest rates are pegged to the prime rate, but they offer a promotional rate of 2.99% APR for 15.

Needless to say, the merger between BB&T and SunTrust took Wall Street by. banking services to individuals, including home mortgages, bank cards, other installment loans, home equity lines of.