Previous Previous Item

Do Your Homework

Do you have equity in your home? Home equity can provide you the means to finance home improvements, education and bigger purchases. When — and how — should you tap your equity?

Have a Plan

Commit on paper the scope and details of your plans. Are you building a new kitchen? Buying a car? Or using your home's equity to fund a new adventure? Depending on your needs, there are a variety of home equity lending approaches.

View Home Equity FAQs

Manage Your Debt

Balance your desire to pay down your mortgage with other priorities. Pay off any higher-interest debt first, since mortgages tend to have lower interest rates. Run the numbers: it may make sense for you to use a home equity loan or line to pay off higher-interest debt.

Run the Numbers with Home Equity Loan Calculators
Next Next Item

This information is general in nature and is provided for educational purposes only. Regions makes no representations as to the accuracy, completeness, timeliness, suitability, or validity of any information presented. Information provided should not be relied on or interpreted as accounting, financial planning, investment, legal, or tax advice. Regions encourages you to consult a professional for advice applicable to your specific situation.

Banking products and services are provided by Regions Bank.