Home Equity Loan Advertising Disclosure
Closing costs and other fees are estimated to range between $150 and $2,000, depending on the size of your Home Equity Loan. Based on a 15 year fully-amortizing Home Equity Loan of $50,000 at an APR of 7.49% and a LTV of 80%, you will make 180 monthly payments of $463.22. The payments disclosed above do not include taxes and insurance premiums. Your actual payment may be greater. This is a reference rate only and may vary based on several factors including your credit history and other factors. Consult your tax advisor regarding tax deductibility.
Additional Limitations for TX Home Equity Loans: Regions must receive a valid real estate lien under Article XVI Section 50(a)(6) of the Texas Constitution. Your total mortgage indebtedness (your Home Equity Loan plus any outstanding liens or mortgages) cannot exceed 80% of the fair market value of your home.
You have the right to receive a copy of the appraisal report used in connection with your application for credit. If you want a copy, please write to us at the following address:
Regions Bank
Consumer Loan Center
P.O. Box 830721
Birmingham, AL 35283
We must hear from you no later than 90 days after (1) we notify you about the action taken on your credit application or (2) you withdraw your application. In your letter, give us the type of loan for which you applied.
Offer subject to credit approval and Property insurance may be required, including flood insurance if applicable.