Truist mortgage rates remain a top consideration for many homebuyers and refinancers due to the bank’s strong regional presence and competitive loan programs. Understanding Truist mortgage rate features can help you make smart decisions.
In this blog post, we’ll break down everything you need to know about Truist mortgage rates in 2025. From the latest daily rate updates to a comparison of loan options. You’ll also discover how to start your journey with Truist home loans.
General Information about Truist Mortgage Rates
A mortgage rate refers to the annual interest a borrower pays on a home loan. It is expressed as a percentage of the total loan amount. These rates fluctuate based on current economic conditions. However, the lender will decide specific mortgage rate for each borrower according to several personal factors, such as: credit score, income, debt levels, and overall financial health. Truist mortgage rates also have the same features. These rates directly affect your monthly payments and the total amount you’ll repay over the life of the loan.
Truist Financial Corporation is one of the largest banks in the United States, formed through the 2019 merger of BB&T and SunTrust. Truist serves millions of customers across the Southeast and Mid-Atlantic regions. It offers a full range of financial services, including: personal and business banking, investing, and home lending.
Truist’s mortgage offerings include fixed-rate loans (e.g., 30-year and 15-year), adjustable-rate mortgages (ARMs), jumbo loans, and government-backed FHA and VA loans. All of them are designed to meet the needs of both first-time buyers and experienced homeowners.
Types of Truist Mortgage Rates
There are diversity of Truist mortgage rates which can meet the unique needs of various homebuyers. Below is an overview of the primary mortgage types available through Truist:
Fixed-rate Mortgage
A fixed-rate mortgage is the most popular Truist mortgage rate option for purchasing or refinancing a home. It offers stability by locking in your interest rate. Moreover, it also keeps your monthly principal and interest payments consistent throughout the life of the loan. This predictability makes it especially attractive when market rates are low. Therefore, you can avoid future rate hikes, plan your budget with confidence and avoid reliance on short-term solutions such as payday loans.
Veterans Administration (VA) Mortgage
A VA loan from Truist is a special home financing option exclusively for U.S. veterans, active-duty service members, and eligible surviving spouses. Backed by the U.S. Department of Veterans Affairs, this loan offers several outstanding benefits that set it apart from conventional home loans.
Qualified borrowers can purchase a home with no down payment or a minimal one, and no private mortgage insurance (PMI). Therefore, it can significantly reduce monthly costs. Moreover, VA loans also typically come with lower interest rates and more flexible credit requirements. Due to this reason, it’s ideal for those with limited credit history. With this Truist mortgage rate, military families gain affordable access to homeownership while receiving the long-term stability and respect they deserve for their service.
Federal Housing Administration (FDA) Mortgage
An FHA loan from Truist is a government-backed mortgage designed to make homeownership more accessible. It’s especially for first-time homebuyers or individuals with limited income or less-than-perfect credit. Insured by the Federal Housing Administration, this Truist mortgage rate type offers lower down payment requirements. Therefore it’s easier to secure a home without needing large upfront capital.
FHA loans also feature more flexible approval standards, allowing for higher debt-to-income ratios and more lenient credit score thresholds. Whether you’re starting your journey into homeownership or building a solid checking history, an FHA loan from Truist offers a practical, supportive path to getting the keys to your first home.
Jumbo Mortgage
A jumbo mortgage from Truist is for homebuyers looking to finance high-value properties that exceed the conforming loan limits set by government-sponsored entities like Fannie Mae and Freddie Mac. These loans are ideal when you’re in the market for a more luxurious or spacious home.
With relatively high loan amounts available, this type of Truist mortgage rate is more competitive. Additionally, it also has added advantage of no private mortgage insurance (PMI), even with lower down payments. They’re best suited for borrowers with strong credit profiles and stable income, seeking a streamlined way to purchase upscale properties without multiple loans or complex financing structures. These borrowers often manage other assets, and prefer solutions that avoid short-term options like high-interest credit cards.
Updated Truist Mortgage Rates 2025
As of mid-2025, Truist continues to offer competitive and flexible mortgage solutions for both new homebuyers and existing homeowners. Truist provides a variety of loan products with interest rates that suit both new purchase and refinance. Here’s a detailed breakdown by loan purpose:
Truist Mortgage Rates for Home Purchase
If you’re planning to buy a home in 2025, Truist offers a range of loan types with stable interest rates and buyer-friendly terms:
| Loan Type | Interest Rate | APR |
|---|---|---|
| 30-Year Fixed | 6.800% | 6.988% |
| 15-Year Fixed | 5.750% | 6.060% |
| 30-Year Jumbo | 7.475% | 7.624% |
| 30-Year FHA | 6.375% | 7.605% |
| 30-Year VA | 6.375% | 6.768% |
Truist Mortgage Rates for Re-finance
Refinancing with Truist can help you lower your monthly payment, reduce your interest rate, or even cash out equity from your home. Whether you’re looking to save on interest or restructure your loan, it provides competitive Trusit mortgage rates:
| Loan Type | Interest Rate | APR |
|---|---|---|
| 30-Year Fixed | 6.875% | 7.08% |
| 15-Year Fixed | 5.875% | 6.188% |
Refinancing with Truist can be a smart financial move, especially if you’re currently locked into a higher-rate mortgage. By refinancing, you may be able to lower your interest rate and reduce monthly payments. Therefore, your loan might be more manageable over time.
Truist also offers the flexibility to switch to a shorter loan term like 15 years. Consequently, you can pay off your mortgage faster while saving on long-term interest. For homeowners looking to leverage their property’s value, cash-out refinancing is available. This is an ideal solution for covering major expenses like home renovations, consolidating high-interest debt, or even reallocating funds toward investing goals.
Start Your Journey with Truist Mortgage Rates
Whether you’re just starting to explore your options or already found the perfect home, Truist makes the mortgage process clear and approachable. From checking what you can afford to locking in today’s Truist mortgage rates, here’s how to begin:
Show me How much I can Afford
If you are not sure what price range fits your budget, Truist offers a home affordability calculator. It helps you estimate how much home you can buy based on your income, monthly expenses, and potential down payment. Moreover, it’s a quick, simple way to understand your financial boundaries before diving into property listings. This also helps you plan ahead, aligning your mortgage expectations with your personal budget, existing checking accounts, or even other financial goals.
Get Preapproved for a Truist Mortgage
Getting preapproved is a smart first step. It gives you a clear idea of your loan eligibility and price range. Moreover, it also shows real estate agents and sellers that you’re serious and financially ready. A preapproval also helps you take advantage of current Truist mortgage rates before they shift.
I’m ready to apply
When you are ready to start your journey with Truist, you can complete your mortgage application entirely online. Furthermore, you can also track your progress in real time. If you’re new to the process, you can even watch a short video to see what to expect from start to finish. Therefore, it’s easy to move forward with confidence.
Truist mortgage rates are preferable choices in 2025 for both homebuyers and refinancers due to flexible loan options, competitive pricing, and personalized support. Truist Financial Corporation offers smart solutions to fit diversity of needs. Now is the time to check your affordability, get preapproved, and take the next step toward confident homeownership with Truist.
