| Headquartered in Atlanta, GA, SunTrust Bank is nation’s one of the strongest and largest financial company with total assets over $179 billion. SunTrust operates as a banking division, brokerage firm, investment consultant, capital market servicer, etc.
SunTrust Bank offers various Home retention options to troubled borrowers like repayment plan, loan modification program, short sale, etc. However, SunTrust’s Loan Modification Program is the suitable solutions for those who want to keep their home and modify the terms of the mortgage to make it more affordable. SunTrust Bank’s fresh start loan program can help you not only get your rate and your payments reduced but also offer you principle reduction and extension of term in most of the cases.
To qualify for a SunTrust Bank Mortgage Loan Modification Program one should have financial hardships like reduction in income, loss of job, laid off from work, medical problems, divorce, unemployment of spouse, unexpected expenses, family crisis, upside down on house, rate adjusted or us going to adjust, etc or should be delinquent on the mortgage payment. If you are under foreclosure, SunTrust Loan Modification Program can avoid the foreclosure and help you keep your home. |