Home Equity Loan

Finance large expenses at a fixed rate

Use the equity in your home to your advantage.

Get your plans going today with a home equity loan

Best if you

  • Know the exact amount you'll need and don't plan to borrow more
  • Have to make home renovations
  • Need to cover educational expenses
  • Want to consolidate debt


  • Enjoy the security of a fixed interest rate
  • Take advantage of our flexible terms
  • Make strides toward paying it off with no prepayment penalty

Payment options

  • Fully amortizing, fixed monthly payments
  • No prepayment penalty


To make payments or check your account:

Ready to get started?

In person

Locate a branch.

By phone

Got questions?


Still exploring?

Should I Use My Home's Equity for Debt Consolidation?  (Article)

Consolidating your debt with a home equity loan can simplify your finances. You'll just have one payment instead of many. Then you can chip away at what you owe even faster with a lower interest rate.

Not convinced that a home equity loan is right for you?

Loans, lines of credit and credit cards are subject to credit approval. Offer may not be combined with any other offer or campaign.

All BB&T mortgage professionals are registered on the Nationwide Mortgage Licensing System & Registry (NMLS), which promotes uniformity and transparency throughout the residential real estate industry. Search the NMLS Registry.

Truist Bank, Member FDIC and an Equal Housing Lender. 

A home equity loan is a type of loan that lets you use the equity in your home as collateral when you borrow. As your home increases in value, or you pay down your mortgage, it gains equity—the difference between the appraised value and the remaining balance due on your mortgage. A home equity loan, also known as a second mortgage, lets you access your equity in a one-time lump sum loan you repay monthly over a set amount of time.

New York City residents: Translation or other language access services may be available. When calling our office regarding collection activity, if you speak a language other than English and need verbal translation services, be sure to inform the representative. A description and translation of commonly-used debt collection terms is available in multiple languages at www.nyc.gov/dca.

Branch Banking and Trust Company is now Truist Bank. Learn more.

BB&T and SunTrust have merged to become Truist. Both institutions will continue to offer independent product lines for a period of time. This may include differing underwriting guidelines, product features, terms, fees and pricing. Our friendly teammates at your local SunTrust branches will be happy to walk you through their respective products. You can also learn more by contacting them at 800-SUNTRUST or SunTrust.com.

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