The company's branch network covers several states, such as Alabama, Florida (FL), South Carolina (SC), Virginia (VA), West Virginia (WV), Canton in Georgia (GA), Maryland, etc. Branch Banking & Trust Company of NC offers mortgage products with competitive rates and flexible terms to the customers. Box 2467 Greenville, SC 29602-2467.īB&T in North Carolina has several mortgage offices and lenders to meet the borrowing needs of every client. The company also provides mailing address for mortgage customer service department, which is P.O. The customers can contact the Branch Banking and Trust Company mortgage servicing center at 1-80 to enquire about current mortgage rates, payoff quotes, and information on refinance and account related issues. Visiting the nearest local branch or lender will be a good idea to get updated information about BB and T mortgage rates home loans. The online financial calculators from the company allow the customers to compare the current mortgage rates and determined the best options for today. Given below in the table are some of the BB&T current mortgage rates and its related products with the specific terms. The mortgage loans have flexible terms for different products. The BB&T mortgage calculator can also assists the customers select and determine the mortgage rates for several types of its products.īB&T mortgage rates are generally low and they are purposely designed for the benefits of the customers. The company provides mortgage professionals or loan officers to help the customers choose the right loans according to their income and financial status. Moreover, BBandT and Federal Reserve Bank always make policies to keep interest rates low and stable. Inflation is the main factor that affects the interest rates and APR offered by most of the financial institutions. But BB & T mortgage rates keep on fluctuating due to the changing market condition of the country. The Branch Banking and Trust Company mortgage products vary from fixed-rate and adjustable-rate loans to jumbo loans with flexible terms, e.g. The home loans from BB&T Corporation can be used for a variety of purposes, such as renovating/building a home, refinancing, etc. That’s not to say that you can’t finance any of these kinds of property with FHA… just that you need to be in an AREA where there are recently sold, similar properties for comparable sales.BB&T Bank offers mortgage loans that match perfectly to the financial needs of the customers. If you have a NEWER Manufactured Home, in NC BB&T might be a good place to start… if it’s older, and on a permanent foundation – we recommend starting with Wells Fargo. Underground Homes, Log Cabins, Geodesic Domes, Mobile Homes, and Tree Houses: It’s really hard to get FHA to make loans on these properties.I personally refer those folks to their local USDA Home Loan office, to see if they can help them. They don’t really like deals with more value in the LAND (then they consider it a LAND loan). FHA is in the business of making HOME loans. Property with more value in the LAND than the house. ![]() I know that’s confusing, but that’s the way FHA rules on what a Tri-Plex is. TRI-PLEX: An FHA loan on a TriPlex means that there are 3 units TOGETHER on one foundation… not 40 acres with 3 buildings on it.If you are not going to live in the property – it’s not going to work. Now there’s more to the program – but the main thing to remember is that FHA IS FOR OWNER OCCUPIED LOANS ONLY. If you have a $100,000 property… and you make $30,000 in repairs, you need to make a downpayment of 3.5% of $130,000. ![]()
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