BB&T Bank & Mortgage Review:

BB&T is based out of Winston-Salem, North Carolina. Currently, they have over 90 billion dollars in assets under management. Back in 2003, they were ranked the 11th largest financial holding company in the United States. They have over 1400 branches across North Carolina, South Carolina, Virginia, West Virginia, Kentucky, Georgia, Maryland, Tennessee, Alabama, Indiana, Florida and Washington D.C.

They are a publicly traded company on the New York Stock Exchange under the ticker symbol of BBT. They offer a huge assortment of financial services to both consumers and businesses alike. This includes checking, savings, online banking, credit cards, trust solutions, private financial services, loans, mortgages, investments, and insurance.

BB&T Bank Mortgage Services:

Unfortunately, we have yet to find a webpage on www.bbt.com that actually lists BB&T Mortgage Rates. We have seen some offers with rates in them like Home Equity Loans at 4.49% fixed or Home Equity Lines of Credit at 4.25% variable.

Their are 5 different types of mortgages that BB&T shows available on their website:
  • Fixed Rate Mortgages
    These are convetional fixed rate mortgages that have the same interest for their entire term.
  • Adjustable Rate Mortgages
    These can be good for people who want to qualify for a higher loan amount or a initially lower monthly payment. A person expecting a future increase in income or planning to relocate, refinance or move in the next few years.
  • Conctruction-to-Permanent Mortgage
    This way the lot, construction and mortgage are covered in a single loan with one closing and one set of closing costs.
  • Veteran's Administration Mortgage (VA Mortgages)
    A variety of payment terms: Provides low or no down payment options, allows for limited income and credit history, offers fixed- and adjustable rate loans. A variety of payment terms: Provides low or no down payment options, allows for limited income and credit history, offers fixed- and adjustable rate loans.A variety of payment terms: Provides low or no down payment options, allows for limited income and credit history, offers fixed- and adjustable rate loans. Available to qualified veterans, active duty, reserves and National Guard personnel.
  • First-Time Home Buyer and Low Down Payment Mortgage
    BB & T Bank offers a couple options here:
    Affordable Housing Loans - offer first-time home buyers, buyers with limited credit history, and buyers with lower incomes the ability to own their own homes.
    FHA Loans - offered in conjunction with the U.S. Government to help home buyers overcome many of the obstacles to owning their own homes.
    Community Homeownership Incentive Program (CHIP) loans - Up to 97% financing on the majority of allowed property types. First-time home buyers and previous homeowners eligible. Private mortgage insurance waived.
October 26, 2011
 
 
Loan Services
 
 
 
 

Most banks and credit unions are now making their rates available. We will place the link on this site once BB&T decides to post their mortgage rates. We prefer companies that will tell you their rates up front. Everyone knows the mortgage rates are based on your credit. However, this is a link to BB&T Bank Mortgage Application.

BB & T Bank Checking Options:

BB &T has a variety of checking accounts.

  • Free Regular Checking
  • Regular Plus Checking
  • Interest Checking
  • Student Checking
  • Senior Checking
With your checking statement, interest is compounded daily, and there's no service charge if a minimum balance is maintained. Your Relationship Banker at your local branch can help you open a Regular Savings account today.
  • Overdraft Savings Overdraft Savings can protect you from incurring overdraft fees. An Overdraft Savings account is linked to a personal checking account, and if your checking account is overdrawn, funds to cover the overdraft are automatically transferred from Overdraft Savings. Your Relationship Banker at your local branch can help you start an Overdraft Savings account today.
  • Money Rate Savings BB&T Money Rate Savings account offers highly competitive, tiered interest rates and the convenience of easy access to your deposited funds. Your Relationship Banker at your local branch can help you open a Money Rate Savings account today.
  • Investor's Deposit Account The Investor's Deposit Account rewards clients with higher balances by offering premium rates along with easy access to your deposited funds. Your Relationship Banker at your local branch can help you open an Investor's Deposit Account today

You Don't Need Perfect Credit to Refinance & Save $1000s. Get Started Here!

Replace your existing loan with another lower interest rate loan for the same amount by refinancing. Many times this can save you a lot of money, especially when market interest rates drop one or more percentage points lower than your current rate.

Take advantage of your homes equity - Get Cash-Out!
With a cash-out refi, you refinance your mortgage for more than you currently owe, then pocket the difference.

Change your Adjustable to a Fixed rate:
Changing your adjustable rate to a fixed rate is a very good idea. Refinancing is the best way to do this. Don't wait until rates begin to rise - Refinance Now!

Refinance to Consolidate Debts:
If you have equity in your home, refinancing is the best way to consolidate your debts. Interest rates with refinancing are lower than any other consolidating options. One monthly payment and the interest paid is tax deductable.

Click Here to Refinance Today!


Home Equity - Line of Credit

Get a Fast, Free Home Equity Quote!

With a Home Equity Loan you can use your home as collateral to consolidate bills, make home improvements, buy a new car, plan a vacation, etc. The minimum amount available for a loan is $10,000, but you can borrow as much as $250,000. There are no closing costs or fees associated with the loan.

Home Equity Loans provide large amounts of cash at relatively low interest rates.

Be careful though, because you are using your home as collateral. This puts your home at risk if you are unable to pay your mortgage on time. If you sell your home, you will be required by most plans to pay off your credit line at that time. This could leave you stuck in your home when you are ready to move.Remember, there are other ways to borrow money without using your home as collateral. See Refinancing for more options.

Get the Lowest
Home Equity Rates - Now!


Debt Consolidation

Get a Fast, Free Debt Consolidation Quote!

Most of America has some form of debt. It could be in the form of credit card balances, school loans, car loans, mortgage loans, or personal loans. If you are currently overwhelmed with debt, then a debt consolidation loan might be right for you. 125% Loan To Value loan will let you borrow up to 125% of your home痴 value. This is the type of loan that is most frequently utilized by people who are looking to consolidate their debt into one lump sum payment. This type of loan will benefit an owner who has little to no equity in their home.

Another benefit of this type of loan is that instead of having multiple payments at a higher interest rate, you get to consolidate everything into one lump sum payment at a lower rate. The only downside is that the interest rate for a 125% Loan To Value loan might yield slightly higher interest rates. If you do have equity in your home, consider applying for a home equity or refinance loan.

Consolidate Your Debt &
Lower Your Monthly Payments!


New Home Mortgage Loan Opportunities

Get a Fast, Free Home Loan/Purchase Quote!

Whether this is your first home or the dream home you致e always wanted, We can help you get the loan of your choice. When you compare mortgage quotes and rates for your new home loan, you can find a low rate for the house you love!

Get great rates nationwide when you compare mortgage loans online. Find a great new home mortgage loan for your new purchase. The application process to compare mortgage quotes and rates is fast, free, and easy! Take the first step towards your new home and apply for a new home loan.

The Process to Compare Home Loans

Disclaimer: This is a financial resource site that offers reviews of other financial companies sites and services. Our goal is to help empower the consumer so they can make the best, informed choices related to their financial decisions. Fast Mortgage USA is not affiliated with BB&T Bank Mortgage.