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How do I advance money from my Equity Line of Credit account?


To advance money from your Equity Line, perform the following steps:

Advances through Online Banking can only be completed using a SunTrust checking or money market account. There is currently a fee associated with a request from the Fixed Rate/Fixed Term selection. To learn more, please refer to your Lending Agreement Disclosure Statement.

1

From the navigation bar, click Accounts.

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2

Under Loans, Lines of Credit and Access 3, click the Access 3 account from which you wish to make the advance.

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3

From the Access 3 account, click Advance.

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4

From Pay & Transfer page in the One Time tab, within the From drop-down menu, click to select an option. Within the To drop-down menu, for the account you wish to advance money to, click to select an account.

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5

Within the Advance Amount text box, enter the amount of the advance.

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6

In the Option section, select one of the following terms:

    • Variable Rate
    • Fixed Rate/Fixed Term

For Line of Credit
LOC.png
Or

    • Revolving
    • Interest Only
    • Fixed Rate/Fixed Term

For Access 3

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If you would like to use the Fixed Rate/Fixed Term option, the advance must be a minimum of $5,000.00, and you must also select a term for the advance from the Term drop-down menu.

If you would like to add a note to the advance, enter it in the Note field.

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7

Click Submit.

8

In the Verify Transaction pop-up window, review the details for the transaction, and then click Submit.

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A confirmation message will appear.