Home Equity Loan from SunTrust Bank
This is a loan that is backed by the equity you have built up in your home, so it tends to have a lower interest rate. SunTrust offers a fixed monthly payment plan. You may also reduce your annual interest rate by 0.50% on loans if you have a qualifying account with SunTrust Bank and a mortgage from SunTrust Mortgage, Inc. You can use the loan to finance a major renovation, consolidate debt, pay for education, or make a big purchase.
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