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Mortgage Relationship Rewards

At SunTrust Mortgage, we value and understand the importance of relationships. That’s why our valued clients enjoy special offers, savings and valuable discounts through our Mortgage Relationship Rewards Program.

Frequently Asked Questions

How can I enjoy greater savings through Mortgage Relationship Rewards?

We offer several avenues for greater savings, including discounts on other bank services such as auto loans, home equity lines/loans, personal banking and credit card.

One additional benefit our new clients enjoy is one-year’s enrollment (at no cost to you) in Genworth Mortgage Insurance’s Homebuyers Privileges®.* This money-saving program will help you save on the things you need most to make your house a dream home. You'll receive discounts and special offers from national retailers on home furnishings, garden supplies, major appliances, truck rentals, home security systems, and much more! 

How do I access the savings and discounts available through Genworth’s Homebuyer Privileges®?

To enjoy these savings, you will need a special Homebuyer Privileges Lender Participation Code and Homebuyer Privileges ID. This information will be mailed to you within 30 days of closing your loan.  You may also contact your SunTrust Mortgage Loan Officer for this information. Once you have your code and ID, simply click on the “Homebuyer Privileges” link from any Loan Officers website, complete your enrollment under “New Member Log In” and begin enjoying these savings.

Am I eligible for other savings with your affiliate SunTrust Bank?

Definitely, we value client relationships and offer several great opportunities to expand your savings. The chart below details a few of these benefits.

Auto Loans
from LightStream®
a division of SunTrust Bank

  • Get a LightStream®1 loan and select AutoPay option to enjoy .50 percentage points lower than the invoicing option.
  • Refinance an existing auto loan or get a new loan on a pre-owned or new vehicle

Equity Lines/Loans
from SunTrust Bank

  • Up to 0.25% interest rate reduction off standard rate based on qualifying relationship2
  • Leverage equity to consolidate your debt with low rates and flexible repayment terms.

Select Checking
With SurePay Auto Draft3,4

from SunTrust Bank

When you open a new SunTrust Select Checking or Signature Advantage® Checking account, and sign up for our convenient SurePay℠ service to automatically debit your monthly mortgage payment from your new checking account, we’ll deposit $2004 into your new checking account.

  • Contact your SunTrust Mortgage Loan Officer of Client Advantage Relationship Specialist to sign up for the offer.
  • Open a new SunTrust Select Checking Account or Signature Advantage® Checking Account.*.
  • Complete a SurePay (Recurring Payment Authorization) Form in a branch or online at www.suntrust.com/home-mortgages (click on Existing Clients, and then select Payment Options), once the new checking account is open and the Mortgage loan number is available.
  • Make one mortgage payment through SurePay from the new SunTrust Select Checking or Signature Advantage Checking account that you open within 180 calendar days before or 180 calendar days after the date your mortgage loan is closed and funded.

Note: Please see Terms and Conditions for complete details.

SunTrust Cash Rewards Credit Card5

  • Earn 5% Cash Back6 on up to $6,000 spent on gas and grocery qualifying purchases7 for the first 12 months after account opening (and 2% unlimited cash back8, thereafter).
  • Earn 1% unlimited cash back9 on all other qualifying purchases.
  • Receive a 10%, 25% or more Cash Deposit Bonus based on your deposit relationship with SunTrust when you redeem your cash back directly into a SunTrust checking, savings, or money market account.10
  • Talk to your branch representative or visit www.SunTrust.com/CashRewards to apply. Offer valid for new Cash Rewards accounts only.

Disclaimers

*Homebuyer Privileges® is brought to you by Genworth Mortgage Insurance through SunTrust Mortgage, a participating lender. Contact Genworth's ionCenter® at 800 444.5664 with any questions.

1 Subject to credit approval. Conditions and limitations apply. Loan proceeds may not be used to refinance an existing LightStream® loan or for business purposes.

2 Consumer installment loans, equity loans and lines of credit are offered by SunTrust Bank. A 0.25% interest rate reduction off the standard rate of a consumer loan or line of credit is provided if payment is automatically deducted from a SunTrust checking, savings, or money market account using the SurePaySM (automatic) payment option. This interest rate reduction does not apply to any promotional advances nor the repayment period of any consumer line of credit, nor to Fixed Rate/Fixed Term advances under an Access 3 Home Equity Line of Credit, and is not available on existing consumer loans or lines. Relationship pricing discounts may not be applicable for all products. Consult your banker for details. All loan and line discount offers are subject to change. Offer for new and refinanced eligible consumer loans and lines of credit, as well as for credit line increases.

3 Sufficient funds must be in your bank account at time of automatic debit.

4 SunTrust CLIENT ADVANTAGE MORTGAGE $200 CASH OFFER (March 2017) Terms and Conditions

To be eligible to participate in the promotion:
Signing up for the offer is required and must be facilitated by a SunTrust Mortgage Relationship Specialist, and is not available through SunTrust branch representatives. Offer applies only to eligible purchase-money and refinance first lien residential Mortgage loan clients that are closed with SunTrust Mortgage, Inc. between 3/10/2017 and 7/11/2017. You must be a new SunTrust personal checking client (clients who already have a personal checking account with SunTrust, as a primary or secondary account holder, are not eligible for this promotion). You must not have closed a SunTrust personal checking account within 180 days prior to the promotion start date (on or after August 21, 2016). The primary account holder of the participating checking account must be 18 years old or older at the time of account opening. SunTrust employee-designated accounts are not eligible for this promotion. Offer available only to U.S. residents with a U.S. address and a U.S. taxpayer identification number. The checking account must be opened online, through the Client Contact Center (800.SUNTRUST), or in a SunTrust branch in the following states: Alabama, Arkansas, Georgia, Florida, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia, and the District of Columbia.

Offer Information:
To be eligible to earn the $200 reward you must contact your SunTrust Mortgage Relationship Specialist to sign up for the offer, and open a new SunTrust Select Checking Account, or Signature Advantage Checking Account, AND BY

1) Completing a SurePay (Recurring Payment Authorization) form in a branch or online at www.suntrust.com/home-mortgages (click on Existing Clients, and then select Payment Options), once the new checking account is open and the Mortgage loan number is available, and

2) Make one mortgage payment through SurePay from the new SunTrust Select Checking or Signature Advantage Checking account that you open within 180 calendar days before or 180 calendar days after the date your mortgage loan is closed and funded.

3) Your SurePay program with SunTrust Mortgage, Inc. must remain open and active for at least 12 months or the dollar value of the reward is subject to forfeit.

4) The new checking account must remain open and in good standing with a minimum balance of $0.01 until the reward is processed in order to receive the reward. If the checking account is closed by you or SunTrust within 180 days after mortgage loan is closed and funded, SunTrust reserves the right to deduct the reward amount from the account at the time of closing.

Offer valid for new SunTrust personal checking accounts opened from 3/10/2017 through 7/11/2017.

Reward Processing:
After meeting the qualification requirements, the reward will be credited to the new checking account within 60-75 days after all qualifications are met. “Mortgage Relationship Rewards” will appear on the checking monthly statement when the reward is credited to the account holder’s checking account. Each newly approved mortgage loan client is eligible for this promotional offer one time. SunTrust may report the value of any reward received through any offer to the Internal Revenue Service as required by law. Any applicable taxes are the responsibility of the recipient.

Reward Forfeiture:
The new account must remain open and in good standing with a minimum balance of $0.01 until the reward is processed in order to receive the reward. If the checking account is closed by you or SunTrust within 180 days after mortgage loan is closed and funded, SunTrust reserves the right to deduct the reward amount from the account at the time of closing.

Your SurePay program with SunTrust Mortgage, Inc. must remain open and active for at least 12 months or the dollar value of the reward is subject to forfeit.

Other Terms:
Minimum account opening deposit for a new checking account is $100. In order to earn the reward, you will need to complete the $100 deposit requirement within 14 days. The offer is non-transferable and may not be combined with any other offers. This offer is subject to change and may be discontinued at any time. All promotional payouts will be processed no later than 7/11/2017 at which point this promotion and any related disbursements will be considered final. For Select Checking and Signature Advantage® Checking, the Annual Percentage Yield (APY) is currently 0.01% for all tiers in the fee schedule and the minimum account balance to obtain APY is $0.01. The Annual Percentage Yields are accurate as of May 30, 2017 and subject to change at any time. Fees may reduce your earnings.

*ACCOUNT OPENING
There are three ways to open your new SunTrust checking account:
1) Visit a SunTrust branch, OR
2) Open online by visiting suntrust.com/personal-banking/checking, OR
3) By calling the Client Contact Center (800.SUNTRUST)

SunTrust Mortgage with SurePaySM Mortgage loans financed through SunTrust Mortgage, Inc. with payment automatically deducted from this account using SurePay. SurePay is an automatic, recurring payment set up from your linked account. Sufficient funds must be in your bank account at the time of automatic debit. Your SurePay program with SunTrust Mortgage must remain open and active for at least 12 consecutive months or the $200 is subject to reimbursement.

5 Additional terms and conditions apply, which SunTrust will provide to you when you become an enrolled program member (in SunTrust Cash Rewards). All credit cards are subject to credit approval. The MasterCard card is issued by SunTrust Bank, pursuant to a license from MasterCard International. ©2017 Mastercard. Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated. Visit suntrust.com for more information about the SunTrust Cash Rewards Credit Card.

6 5% Cash Back Benefit: You will earn another additional 3% in Cash Rewards (5% Cash Rewards total), at Participating Merchants (gas and grocery stores), on Qualifying Purchases made with the Card (a) up to the $6,000 combined total of Qualifying Purchases made at Participating Merchants or (b) through the first 12 months after account opening, whichever comes first. After you have fully utilized the additional 3% benefit either by (a) spending up to the $6,000 combined total of gas and grocery Qualifying Purchases made at Participating Merchants or (b) reaching the end of the first 12 months after account opening, whichever comes first, you can then earn the unlimited 2% Cash Rewards Benefit. The 5% Cash Rewards Benefit is only available during the first 12 months after account opening. Participating Merchants are determined by the associated merchant category code (“MCC”) used by each merchant. Purchases made at merchants that do not process transactions under an eligible MCC will not qualify for the additional 1% or 3% bonus reward rate.

7 Qualifying Purchase(s) - new net retail purchases (minus credits/returns/adjustments) at participating merchants based on merchant category codes. Non-purchase items do not qualify for Cash Back. See additional terms and conditions when you apply.

8 2% Cash Back Benefit: You will earn an unlimited additional 1% in Cash Rewards (2% Cash Rewards total) at Participating Merchants (gas and grocery stores), on Qualifying Purchases made with the Card..

9 1% Cash Back Benefit: You can earn cash back of 1% on new Qualifying Purchases on your Card, if your Card Account is in Good Standing, with no restriction on the amount of cash back that you may earn or redeem.

10 Cash Rewards Redemption: After the close of the billing period in which the Cash Rewards are earned, if your Card Account is in Good Standing, upon your request, SunTrust will redeem your Cash Rewards in U.S. dollars with a minimum of $25 and any greater amount (not to exceed the total Cash Back earned, but not yet redeemed, on your Card Account at time of redemption). You may redeem your Cash Back for (1) a statement credit or (2) an ACH credit to the deposit account that you designate. Cash Rewards earned on Consumer Card Accounts that are redeemed through an ACH deposit into a SunTrust checking, savings, or money market account will receive a Cash Deposit Bonus of 10%, 25%, 50% or 75% on redemption, depending on your deposit relationship with SunTrust as of the last day of the month preceding redemption, or if you redeem in the first few days of the month, the last day of two months’ prior to redemption (see Program Agreement for details), as follows:

  • SunTrust Private Wealth Managementa clients will receive a Cash Deposit Bonus of 75%; on $100 in base Cash Rewards, these clients would earn an additional $75, totaling $175 in Cash Rewards earnings.
  • Clients with SunTrust Signature Advantage accounts and $100,000 or more in Combined Consumer Deposits and Investment Balances with SunTrust or clients in the SunTrust Premier Program will receive a Cash Deposit Bonusof 50%. On $100 in base Cash Rewards, these clients would earn an additional $50, totaling $150 in Cash Rewards earnings.
  • Clients with SunTrust Signature Advantage accounts and less than $100,000 in Combined Consumer Deposits and Investment Balances with SunTrust will receive a Cash Deposit Bonus of 25%. On $100 in base Cash Rewards, these clients would earn an additional $25, totaling $125 in Cash Rewards earnings.
  • All other clients who redeem their Cash Rewards into a SunTrust checking, savings, or money market account will receive a Cash Deposit Bonus of 10%. On $100 in base Cash Rewards, these clients would earn an additional $10, totaling $110 in Cash Rewards earnings.

* Private Wealth Management means the group within SunTrust Bank that provides a full array of wealth management products and professional services to high net worth clients seeking active management of their financial resources. Private Wealth Management is a marketing name used by SunTrust Banks, Inc. and the following affiliates: Banking and trust products and services, including investment advisory products and services, are provided by SunTrust Bank. Securities, insurance (including annuities) and other investment products and services (including brokerage accounts) are offered by SunTrust Investment Services, Inc., an SEC registered investment adviser and broker-dealer, member FINRA, SIPC, and a licensed insurance agency.

Combined Consumer Deposits and Investment Balances means the sum of balances in the SunTrust Signature Advantage Banking account PLUS statement-linked SunTrust deposit accounts (savings, checking, money market, or CD’s), Trust accounts, IRA or Brokerage accounts introduced through SunTrust Investment Services, Inc. (excluding annuities).

Premier Banking means the group within SunTrust Bank that provides specialized services and benefits such as investment products and services (including brokerage accounts) which are offered by SunTrust Investment Services, Inc., an SEC registered investment adviser and broker-dealer, member FINRA, SIPC. Enrollment in Premier Banking is required.

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