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Last Updated: 04/18/2025

Regions Bank Home Equity Loans

in Home Equity Loans from Regions Bank

Last Updated: 04/18/2025

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Highlights

Credit Score Range

600 - 850

Amount Range

$10,000 - $250,000

Maximum LTV

89%

Loan Term (Years)

7 - 15

Regions Bank Home Equity Loans Review

Regions Bank Home Equity Loans is offered by Regions Bank , a bank founded in 1873 and based in Huntsville, AL. Regions Bank Home Equity Loans are available in 50 states and Washington, DC.

Key Takeaways

Investment and personal use properties considered. Financing available for primary homes, vacation homes, and even investment homes, such as rental properties.
No-closing-cost mortgages available. This option allows you to include the closing costs into the new loan, so you don't pay for these expenses upfront.
High maximum LTV ratio. Regions Bank Home Equity Loans has a maximum loan to value ratio of 89%.
Fair credit accepted. Borrowers with a credit score as low as 600 may qualify for Regions Bank Home Equity Loans.

Regions Bank Home Equity Loans Pros & Cons

Pros

Cons

No prepayment penalty.
Considers applicants with fair credit.
Available in all 50 states.

Charges an origination fee.
No co-sign option available.

Regions Bank Home Equity Loans FAQ

How much can you borrow with a Regions Bank Home Equity Loans home equity loan?

A home equity loan allows homeowners to borrow money using their home as collateral (similar to a mortgage). Loan amounts vary depending on the value of the home minus the balance of any mortgages or liens on the property.

Regions Bank Home Equity Loans allows borrowers to apply for home equity loans of up to $250,000. The actual maximum loan amount will vary depending on the value of the property, how much you owe on it, and your creditworthiness.

What are the home equity loan requirements of Regions Bank Home Equity Loans

This lender's maximum loan to value rate is 89%. That means the total debt secured by the property cannot exceed 89% of its value. Let's say you own a property with a current market value of $100k, but you still owe $20k on your mortgage. Your equity would be $80k. In this scenario, if you have good credit, you may qualify for a line of credit of up to $69k.

Generally, the APRs of home equity loans do not include points and financing charges, just the interest rate.

What fees does Regions Bank Home Equity Loans charge for a home equity loan?

Regions Bank Home Equity Loans may charge a loan origination fee

What types of property can you use as security for a home equity loan with Regions Bank Home Equity Loans?

Lenders often have restrictions on the type of properties they will accept as security for a home equity loan. Regions Bank Home Equity Loans will consider loans secured by the following property types:

Primary home.
Secondary homes and vacation properties.
Investment properties and house flipping projects.

Is Regions Bank a legit company?

Regions Bank was founded in 1873, it is a well-established company that has been in business for 153 years.

Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

700 Airport Rd

Huntsville, AL 35802

Visit Site

Email Support

Hours of Operation

Sunday

Closed

Monday

9:00AM - 5:00PM

Tuesday

9:00AM - 5:00PM

Wednesday

9:00AM - 5:00PM

Thursday

9:00AM - 5:00PM

Friday

9:00AM - 5:00PM

Saturday

Closed

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SuperMoney Net Recommendation Score

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-1000+100

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