SunTrust Mortgage Loan Payment Online is easy and more secure and it’s the best way to manage your mortgage payments with confidence and convenience. Apart from online, SunTrust has created several convenient options for handling your SunTrust Mortgage payments. You can choose from the different ways outlined in this article to make your monthly mortgage payment.
Sun Trust Mortgage is a division of Sun Trust Banks Inc., a major U.S. financial holdings company. Having over 170 billion in assets, this financial institution offers a full range of banking and investment services, of which mortgage lending and home equity loans are not exempted.
Furthermore, Sun Trust Mortgage offers a variety of mortgage refinances programs to attend the needs of a broad range of borrowers. SunTrust offers many mortgage options including fixed-rate, adjustable-rate (ARM), jumbo mortgages, FHA, VA and USDA loans.
SunTrust Mortgage Loan Payment Online @ www.suntrust.com
In order to ensure that you never miss a bill payment with SunTrust Online Bill Pay. You can pay all of your bills through online banking, schedule payments, and receive electronic versions of your bills. Online Bill Pay gives you the ability to manage your finances at your convenient time.
Follow the detailed instructions below, to pay off your SunTrust Mortgage Loan without stress.
1. How To Make a One-Time Payment For SunTrust Mortgage Loan
Open your device browser, visit www.suntrust.com then log on to Your Account to sign up.
Enter your payment details and bank account information. Authorize a one-time debit from your bank account.
Please note: You can submit one payment per effective date. If more than one payment is submitted for the same effective date, only the last payment submitted will be accepted. Ensure you pick two separate effective dates if you wish to make more than one payment.
Additional payments to principal will not be allowed if your account is not current.
The maximum amount to be paid through the One-Time Payment Option is $10,000 without any extra charges.
2. Set up Recurring Payments (SurePaySM)
You need to authorize a recurring monthly debit from your bank account.
Log on to Your Account to sign up or mail in the form to set up recurring payments. You can download the form here.
3. The Bi-Weekly Mortgage Payment Plan
It is required that during your first month of enrollment, you must pay both your regular monthly payment plus your two half payments. Then after set up, you will start paying half of the total monthly mortgage payment every two weeks (set up automatic debit)
Go from 12 full mortgage payments to 26 half-payments in most years, which means you make the equivalent of one full extra mortgage payment per year.
The two extra half-payments go straight to principal building equity in your home faster so you can pay off your home loan sooner.
NOTE: If the Bi-Weekly payment set up or payments do not work for your budget, try the SurePay automated draft payment program which allows you to accomplish a similar goal when you add an extra amount to be drafted and applied to your loan balance. You can call their Client Services Department at 800.634.7928, for more information from Monday through Friday 8 a.m. to 8 p.m. and Saturday 9 a.m. to 3 p.m., ET.
4. Pay SunTrust Mortgage Bill Online through your SunTrust Bank account
For SunTrust checking customers, you can access your SunTrust account to easily pay all your bills electronically by going to suntrust.com to sign up for SunTrust Online Banking and Bill Pay. The service is free of charge.
Other SunTrust Mortgage Bill Payment Options
- Pay by Phone: Customer can make their mortgage payment over the phone through their checking account. To use this option, simply call Client Services Department at 800.634.7928, from Monday through Friday 8 a.m. to 8 p.m. and Saturday 9 a.m. to 3 p.m., ET.
- SunTrust Mortgage loan Payment by Mail: In order to pay via check and include the coupon from your monthly billing statement, mail it to the billing address on your monthly statement by the due date.
For Mortgage payments with or without Coupon, mail to:
P. O. Box 79041
Baltimore MD 21279-0041
For overnight Mortgage payments, mail to:
Attn: Payment Processing
1001 Semmes Ave.
Richmond, VA 23224-2245
SunTrust Mortgage Payoff Dept.
Attn: Payoff Department
1001 Semmes Ave.
Richmond, VA 23224-2245
How Can I Payoff my SunTrust Mortgage loan Quickly?
If you want to build equity faster and pay your home off quicker, you should consider the Bi-Weekly Mortgage Payment Plan. If you choose this option, it means that half of your monthly mortgage payment will be drafted every two weeks (when you set up automatic debit) and you go from making 12 full mortgage payments to 26 half payments (this means you make the equivalent of one full extra mortgage payment per year). Your two extra half payments will apply to the Principal. Once you enroll in this program, it means you are now making two payments in the month of your first draft to sync up with this advance payment requirement.
For any additional questions about SunTrust Mortgage loan payment options call the Client Services Department at 800.634.7928, or use the comment section below.