Get Suntrust Subordination

This guide provides clear and comprehensive instructions for completing the Suntrust Subordination form online. Follow the steps to ensure that you accurately fill out each section, accommodating your unique financial situation.

Follow the steps to successfully complete your Suntrust Subordination request.

1. To begin, locate the ‘Get Form’ button to obtain the necessary document. Press this button to access the Suntrust Subordination form and open it for editing.
2. In the lender information section, provide the name, contact details, phone number, fax number, and email address of the lender. If there is an alternate contact, include their information as well.
3. Next, fill in the borrower information. This includes the borrower's name, social security number, current address, city, state, and ZIP code. If applicable, enter the co-borrower's information using the same format.
4. For the second mortgage loan information, document the current second mortgage balance. Next, indicate the proposed combined loan-to-value and the property values at both origination and current assessment, ensuring the latter is less than 120 days old.
5. Answer the question regarding the appraisal findings regarding any issues such as declining value or delinquencies. Select 'Yes' or 'No' based on the appraisal report.
6. Proceed to the mortgage loan information section. Here you will input details regarding the proposed first mortgage and current first mortgage, including loan amounts, payoff amounts, terms, interest rates, and payments.
7. In addition, assess whether there has been a payment made for seven consecutive months (or the life of the loan, if shorter). Indicate 'Yes' or 'No' and if necessary, provide the lowest payment made during the past 12 months.
8. Offer any additional comments in the space provided at the bottom of the form. This may include any relevant notes or clarifications.
9. Once all fields are completed, review the information for accuracy. After confirming the details, you can save changes to your document, download, print, or share the form as required.

Complete your documents online today and ensure a smooth submission process.