Mortgage Loan Options

Conventional fixed-rate mortgages offer homebuyers a consistent interest rate and identical payments over the life of their loans. If you prefer to budget a specific, unchanging mortgage payment into your monthly expenses, a fixed-rate mortgage may be right for you.

Adjustable-rate mortgages (ARM) offer homebuyers low initial interest rates that adjust annually after a predetermined period. If you want increased buying power (based on the lower initial rate), plan to move, or expect to increase your income before your initial rate adjusts, an adjustable-rate mortgage from BB&T may be right for you.

If you're planning to build a new home or renovate one you already own, you can finance your land, construction and home mortgage with a BB&T construction-to-permanent loan.

Veteran's Administration (VA) loans let qualified veterans, active duty, reserves and National Guard personnel purchase or refinance an owner-occupied home.

BB&T offers a variety of loan programs to help first-time homebuyers and buyers with limited credit or income realize the dream of homeownership.