Comparar préstamos sobre la plusvalía del hogar
Regions home equity loan | Regions home equity line of credit | ||
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Vaciar fila de celdas | Regions home equity loan | Regions home equity line of credit | |
Compare products... | Regions home equity loan Learn moreApply now | Regions home equity line of credit Learn moreApply now | |
For you if... | |||
For you if... | For you if...You're planning home improvements, want to consolidate debt or refinance your existing mortgage or need cash for a large purchase. Learn More | For you if...You want a revolving credit line that allows you to borrow as much as you need up to your credit limit, to pay for home improvements, vacations or to consolidate debt. Learn More | Vaciar celda |
Features | Features
| Features | Vaciar celda |
Interest rates and fees | |||
Annual Percentage Rate (APR) | Annual Percentage Rate (APR)6.75% APR to 14.125% APR [1] | Annual Percentage Rate (APR)For a limited time, 4.99% introductory annual percentage rate (APR) for the first six billing cycles from account opening. After that, APR is variable based on Wall Street Journal prime.[3] Current rates range from 8.25% to 15.125%. | Vaciar celda |
Closing costs | Closing costsBank pays all closing costs | Closing costsBank paid closing cost options[4] | Vaciar celda |
Potential fees | Potential feesLate fee for 5% of the payment amount ($29 minimum, $100 maximum) | Potential feesOverlimit fee of $29 Late fee for 5% of the payment amount ($29 minimum, $100 maximum) Loan-in-a-Line conversion fee of $100 | Vaciar celda |
Loan amounts and collateral | |||
Loan amounts | Loan amounts$10,000 - $250,000 depending on occupancy type, lien position, and the amount of debt secured by the collateral[2] | Loan amounts$10,000 - $500,000 depending on lien position and LTV | Vaciar celda |
Collateral requirements | Collateral requirementsProperty to be used as collateral must be a primary or second residence; be located in a state where Regions has retail branches; and have at least $10,000 equity. Investment properties and manufactured homes are not eligible for home equity loans. | Collateral requirementsProperty to be used as collateral must be in a state where Regions has branches, and must meet Regions' Home Equity Line of Credit requirements.[6] Investment properties and manufactured homes are not eligible for home equity lines of credit. | Vaciar celda |
Lien position | Lien position1st or 2nd lien position for primary or secondary residence | Lien position1st or 2nd lien position | Vaciar celda |
Required loan-to-value ratio (LTV) | Required loan-to-value ratio (LTV)Up to 89% LTV[2] | Required loan-to-value ratio (LTV)Up to 80% LTV | Vaciar celda |
Access to funds | Access to fundsSingle lump sum | Access to fundsConvenience Checks, Visa Platinum Access Card (except in Texas), online, phone, or at branch | Vaciar celda |
Terms and repayments | |||
Terms | Terms10, 15 or 20 years [1] | Terms30-year term (10-year draw and 20-year repayment period)[7] | Vaciar celda |
Payment frequency and amount | Payment frequency and amountMonthly repayment. Repayment amount is fixed and is based on term and loan amount | Payment frequency and amount1/360th of the outstanding balance plus any accrued finance charges or $50, whichever is greater, during the draw period. During the repayment period, your monthly installment payments will be fully amortized over the 20-year repayment period. Other terms may apply.[7] | Vaciar celda |
Automatic payment option | Automatic payment optionAllows you peace of mind that your payments will be automatically debited from your checking account each month. | Automatic payment optionAllows you peace of mind that your payments will be automatically debited from your checking account each month. | Vaciar celda |
Ways to apply | |||
Ways to apply | Ways to applyApply online, by phone or in a branch. Apply by phone at 1-888-462-7627 Monday – Friday from 6 am to 7 pm, Saturday 8 am to 2 pm. | Ways to applyApply online, by phone or in a branch. Apply by phone at 1-888-462-7627 Monday – Friday from 6 am to 7 pm, Saturday 8 am to 2 pm. | Vaciar celda |
Regions home equity loan A Regions home equity loan is an installment loan that’s secured by a primary or secondary residence. Loans carry a fixed interest rate and offer predictable monthly payments. Learn moreApply now | Regions home equity line of credit A Regions home equity credit line is a flexible, revolving line of credit that’s secured by a primary or secondary residence. Borrow as much as you need up to your credit limit. Learn moreApply now |