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Home > Financial Services > Mortgage Brokers > Suntrust
Suntrust
A Mortgage is a document that contains the details of an agreement between two parties. One of which is a borrower and the other party is a lender. The Agreement will include information like, Loan amount, Time period of the loan, Interest and the collateral on the loan which is normally the property being bought. A mortgage broker is generally a person or company whose expertise lies in the field of mortgage laws, properties available for sale, and loan procedures. They provide these services to clients for a fee which is usually a percentage of the loan or property amount.
SunTrust headquartered in Atlanta, is one of the nation's largest commercial banking organizations serving a broad range of consumer, commercial, corporate and institutional clients. The company operates an extensive distribution network primarily in Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia, and the District of Columbia, and also serves customers in selected markets nationally.
SunTrust is a wholly owned subsidiary of SunTrust Bank. Currently, SunTrust Mortgage originates loans through 170 locations in SunTrust markets and adjacent states, maintains correspondent and broker relationships in 49 states and services loans in 50 states and the District of Columbia.
Their primary businesses include deposit, credit, trust and investment services. Through various subsidiaries, the company provides credit cards, mortgage banking, insurance, brokerage, and capital markets services.
Suntrust assists you through six basic steps in procuring a loan for buying a house or renovation of your home. The six steps are Getting your documents organized, convincing the loan company that you qualify for the loan, explains the best loan plans from various companies available within your budget, applies for the loan, obtains approval for the loan, and assists in closing the loan.
To provide their customers’ greater value for their money than any competing residential mortgage service provider and in turn, have that value reflected in a superior return for their shareholders.
Day to day activities in all of SunTrust Mortgage's endeavors reflect five fundamental corporate priorities such as Maintaining a strong balance sheet, Emphasizing credit quality, Focusing on income and cost management, Delivering superior customer service and maintaining a highly skilled and motivated work force.
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