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Transfer your equity line balance from another lender

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Transferring your home equity line of credit balance from another lender to a SunTrust Home Equity Line of Credit may be a smart choice if you want:

  • To maintain access to funds for home improvements or projects.

  • Funds readily available for unexpected expenses.

  • To take advantage of our low variable promo rate for any balance of $25,000 or more you transfer at closing under the variable rate option.

  • A choice of monthly payment options: variable rate or fixed rate fixed term.

  • The convenience of having all your accounts with one bank.





Call 877-748-4059 or stop by a branch.

If this option sounds right for you, fill out our streamlined Equity Line application now.




Frequently asked questions

What are the advantages of opening a SunTrust equity line?

The SunTrust Equity Line of Credit offers a special variable rate of Prime - 1.26%, currently 3.24% APR1 for twelve months on an initial advance of $25,000 or more taken at the closing of the line of credit under the variable rate option. For promotional balances remaining at the end of the Special Rate Period, as well as all subsequent advances under this option, interest will accrue at the standard variable rate and margin. Standard rates, under the variable rate option taken after closing, start as low as Prime + 0.25% to Prime + 0.74%, currently 4.75% to 5.24% APR.2 A 0.25% interest rate reduction is available if payments are automatically deducted from a SunTrust Checking, Savings or Money Market account using SurePaySM 3.

The current standard rates for a SunTrust Home Equity Line of Credit in your area can be found by visiting suntrust.com/equityline, clicking “Home Equity Rates” on the right side of the page and entering your zip code. You can also call 877-748-4059 or stop by your local SunTrust branch for more information.

With an SunTrust Equity Line, as long as your account is kept open for at least three years, we will advance most, if not all, closing costs on your behalf and waive reimbursement.4 Your interest may even be tax deductible (consult your tax advisor).5 There is a 10-year draw period, and you can choose between two flexible repayment options during the draw period –variable rate or fixed rate. A SunTrust Equity Line lets you select how much you need and when you need it, up to your approved credit limit, any time during the draw period.

Can I refinance my current balance?

Yes, you may qualify to transfer your outstanding non-SunTrust equity line balance into a SunTrust Equity Line, up to the approved amount. Your existing balance will be refinanced at our current rates. Apply online at suntrust.com/equityline, by phone at 877-748-4059 or in person at a local SunTrust branch. Or, learn more about all our options.

What are your interest rates?

The current annual percentage rates for a Home Equity Line of Credit can be found by visiting suntrust.com/equityline, clicking “Home Equity Rates” on the right side of the page and entering your zip code. You can also call 877-748-4059 or stop by a local SunTrust branch for more information.

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