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BB&T Home Equity Loan
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A home equity loan is an excellent way for homeowners to finance large projects, purchases, and expenses. A BB&T Home Equity Loan has a fixed rate and payment schedule and can be secured by the equity in your primary or secondary residence, and in some cases even investment property.

BB&T Home Equity Loan
Good if you require... A loan with a fixed rate, term, and monthly payment that lets you borrow money in a lump sum
Recommended Uses
  • Debt consolidation
  • Major home renovations
  • Purchase of a recreational vehicle or car
Minimum Loan Amount $10,000
Maximum Term Up to 15 years
Competitive Interest Rates As low as 5.42% fixed APR*
Tax Advantages Interest may be up to 100% deductible**
Repayment Options Fully amortizing, fixed monthly payment
Fees and Closing Costs 1% of loan amount
Account Access Get account information and make payments:
  • 24/7 online
  • By phone
  • At any BB&T financial center or ATM
Personal Banking Solutions A home equity loan may qualify you for an Elite Gold, Classic Banking or Access Banking checking account
Payment Protection Plan Our optional payment protection plan continues to make payments on your BB&T Home Equity Loan if you are sick, injured, unable to work or if you lose your job

Calculators
Crunch the numbers and get answers tailored to your needs to help you make the right decision about a home equity loan or line of credit.
How Do I Apply?
Online
Fill out our online application

In Person
Visit your local BB&T financial center
*Subject to credit approval. Offer based on a term up to 60 months. This rate offer may change at any time. Other rates and terms available. Client must possess a Beacon Score of 700 or greater, and the maximum loan-to-value (LTV) is 80% or less. For comparative purposes, at an APR of 5.42%, a client who finances $50,000 with a 1% origination fee and an amortization of 60-months would remit payments of $943.43 per month. Property, and if applicable, flood insurance must be in effect of the property being secured. This offer is limited to owner-occupied, single family dwellings and is not valid for rental properties, cooperatives, mobile homes, or residential lots.
**Consult your tax advisor for details.
For home equity lines and loans up to $250,000, BB&T will pay all closing costs on your behalf and up to $250 in attorney fees in states where attorney closings are required. The only exceptions will be the costs associated with either title insurance, a full outside appraisal (these items may not be required for loans less than $250,000), or any intangible, county, or state taxes. There is a 1% origination fee on all BB&T Home Equity Loans.


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Branch Banking and Trust Company is a Member FDIC and an Equal Housing Lender. Equal Housing Lender