Consumer Loans and Lines of Credit

Financing for this, for that and everything in between.

SunTrust offers consumer loans and lines for just about anything. Consolidate credit card debt, renovate your kitchen or cover medical expenses. Did you know a home equity line of credit is one of the most versatile and low cost borrowing solutions available? Or that unsecured loans from LightStream, our national online lending division, can get you funds quickly and don’t require any collateral? SunTrust has options that fit your specific needs and circumstances.

Cover personal expenses with these additional loan opportunities.

If you're a business owner or a doctor or dentist we have specially designed loans and lines of credit to fit your unique needs.

Physicians Loans and Lines of Credit

While you're looking out for your patients, we're looking out for you.

  • Cover a variety of personal expenses or consolidate debt.
  • Apply online or call 800.279.4824
  • Receive your loan check and have access to your line of credit within days of your approval
  • Fixed and variable rates available
Business Loans

Whether you're starting your business or taking it to the next level, we have the loan for you.

  • Fund specific projects and initiatives to grow your business.
  • Apply in a SunTrust branch or call 877.370.5108
  • Fixed or variable interest rates
Start moving forward with a SunTrust checking account.

Find the account that's right for you.

New semesters come fast—apply for your loan early.

Get the confidence to cover all your college costs with a student loan from SunTrust.

Take a step toward financial confidence.

Join the onUp Movement today.

Important Information About These Products

1 You can fund your loan today if today is a banking business day, your application is approved, and you complete the following steps by 2:30 p.m. Eastern time: (1) review and electronically sign your loan agreement; (2) provide us with your funding preferences and relevant banking information; and (3) complete the final verification process.

Consult a tax advisor regarding the deductibility of interest.

Your loan terms, including APR, may differ based on loan purpose, amount, term length, and your credit profile. Rate is quoted with AutoPay discount, which is only available when you select AutoPay prior to loan funding. Rates under the invoicing option are 0.50% higher. If your application is approved, your credit profile will determine whether your loan will be unsecured or secured. Subject to credit approval. Conditions and limitations apply. Advertised rates and terms are subject to change without notice.

* Payment example: Monthly payments for a $10,000 loan at 4.99% APR with a term of three years would result in 36 monthly payments of $299.66.

Special Rate Advance: The special advance rate is variable for fifteen (15) months and is applicable only for an initial advance of $25,000 or more taken under the variable rate option at the closing of the line of credit, to be disbursed immediately upon expiration of any applicable rescission period, and is valid for applications received by 12/15/18 and that close by 1/31/2019. An initial advance of $25,000 or more taken at closing under this option shall accrue interest at the Special Rate for a period of fifteen (15) months from the date of disbursement of the advance. Special Rate Advance may not be used to pay off or pay down any SunTrust debt. Advances under this option subsequent to the Special Rate Advance, as well as any promotional balance remaining upon expiration of the Special Rate, shall accrue interest at the standard rate(s) and margin(s) as described below and in your Equity Line Agreement. Offer subject to change without notice at any time.

Minimum required line amount for this interest rate is $100,000 and is based on a maximum Combined Loan-To-Value (CLTV) of 70% or less. As low as rates vary by state/geographic region. The lowest rate listed includes a 0.25% interest rate reduction obtained if the payment is automatically deducted from a SunTrust checking, savings or money market account using SurePaySM. For the SunTrust Equity Line, this interest rate reduction does not apply to promotional rate advances, Fixed Rate/Fixed Term Advances or during the Repayment Period. All loan and line discount offers are subject to change. Offer is available for new and refinanced consumer home equity lines as well as for home equity credit line increases. Relationship pricing discounts are not available on existing consumer loans or lines of credit. The Prime Rate means the highest per annum “Prime Rate” of interest published from time to time by The Wall Street Journal in its “Money Rates” listings, which was 5.25% on 9/27/18. Standard APRs are variable; are based on your collateral property location, credit line amount, Combined Loan-To-Value (CLTV) ratio and other factors; and can range from Prime + 0% (currently 5.25% APR) to Prime + 8.54% (currently 13.79% APR) (during the 20-year repayment period for this option, the APR will continue to be calculated at a variable rate and your minimum monthly payment will be 1/240th of the total balance at the end of the draw period, plus interest and any applicable fees/charges). The maximum APR is 18% for properties located in FL, GA, TN, AL, SC, VA, MD, DC, AR, WV and MS. The maximum APR is 16% for properties located in NC. Offer and rates subject to change without notice. Offer is only available for owner-occupied, single-family, primary residences and condominiums located in FL, GA, TN, AL, SC, VA, NC, MD, DC, AR, WV or MS, and is not valid on manufactured homes or cooperatives. SunTrust must be in a valid first- or second-lien position. Exclusions and limitations apply. Property insurance is required and, if applicable, flood insurance will be required. For each advance taken under the Fixed Rate/Fixed Term option, there will be a $15 processing fee (except in MD and NC). Preliminary line decisions are usually made within 24 hours on applications received during normal banking hours.

A 0.25% interest rate reduction off the standard rate of a consumer line of credit is available if the payment is automatically deducted from a SunTrust checking, savings or money market account using SurePay. For the SunTrust Equity Line, this interest rate reduction does not apply to promotional rate advances, Fixed Rate/Fixed Term advances, or during the Repayment Period. All 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. A relationship discount is not available on existing consumer loans or lines of credit. Relationship pricing discounts may not be applicable for all products. Consult your banker for details.

For new lines of $10,000 or more, SunTrust will advance certain costs on your behalf, including the first property/collateral valuation obtained by SunTrust, but excluding: any subsequent property/collateral valuation not required by us; and, if required, title insurance and related fees, and any new or increased homeowner’s and/or flood insurance premiums. However, if your account is closed within three (3) years, we will add any closing costs we advanced on your behalf to your outstanding balance for our reimbursement. Total closing costs generally range from $100 to $2,000.

8 Personal Credit Line rates will vary with the market based on the Prime Rate. The Prime Rate means the highest per annum "Prime Rate" of interest published by The Wall Street Journal in its "Money Rates" listings, which was 5.25% on 9/27/2018. For a Personal Credit Line Plus, standard APRs could range from Prime + 3.15% (currently 8.40% APR) to Prime + 3.95% (currently 9.20% APR) and are based on your credit line amount and creditworthiness. For a Select Credit Line, standard APRs could range from Prime + 0.50% (currently 5.75% APR) to Prime + 0.95% (currently 6.20% APR) and are based on your credit line amount and creditworthiness. The maximum APR for loans in AL, AR, DC, GA, MD, SC and VA is 24%. The maximum APR for loans in TN is 21%. The maximum APR for loans in FL, MS, NC and WV is 18%.

Loans Resource Center