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I haven't found my subject property, can I still apply?
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Please feel free to go through the application leaving the subject property fields blank. However, you will not be able to lock-in an interest rate until a property has been selected. |
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Does applying automatically lock in an interest rate?
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No. You should contact your Mortgage Loan Originator to lock-in your rate. |
| I'm hesitant about divulging my personal information during the online application process. Is this site secure? |
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Our site uses secure internet protocols when transferring sensitive information. For a more complete explanation of our security policies, please see our Privacy Pledge. You may also contact a local Regions Mortgage Loan Originator directly to apply via phone or set-up an appointment to complete a loan application in person. |
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Is there any financial obligation to completing the application?
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There are no fees associated with completing the Application information.
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How long will it take to close this loan?
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Generally we can close your loan comfortably within your interest rate lock period. However, if you delay in returning your documentation, or there is a problem with your title work, or appraisal, your lock period may not be sufficient.
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Can I choose my own appraiser?
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Unfortunately, we cannot allow you to pick your own appraiser as this could present a potential conflict of interest situation. Regions requires that appraisals be provided by pre-approved appraisers.
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| What type documentation is typically required with my loan application? |
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Following are some of the required documents you will need to provide your Mortgage Loan Originator at the time of application:
- Two year history of residence
- Names, addresses and telephone numbers of landlords for the past two years
- Employer’s name and address for last two years
- Salaried Applicants: Most recent two years’ W-2 forms and two most recent paystubs.
- Commissioned Applicants: Most recent two years’ 1040 tax forms (including supporting schedules) and YTD income statement.
- Self-Employed Applicants: Most recent two years’ signed personal/corporate tax returns (with supporting schedules) and current Profit and Loss Statement and Balance Sheet.
- Two most recent bank statements (checking, savings, etc.)
If you have any other questions, please feel free to contact a local Regions Mortgage Loan Originator or call
1-877-536-3286.
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Whatever your home financing needs, Regions Mortgage is here to help you every step of the way. Please locate a Regions Mortgage Loan Originator or give us a call today at 1-877-536-3286 and we will be happy to assist you in selecting the right loan or answering any questions you may have.
