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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
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This information is general in nature and is not intended to be legal, tax, or financial advice. Although Regions believes this information to be accurate, it cannot ensure that it will remain up to date. Statements or opinions of individuals referenced herein are their own—not Regions'. Consult an appropriate professional concerning your specific situation and for current tax rules. Regions, the Regions logo, and the LifeGreen bike are registered trademarks of Regions Bank. The LifeGreen color is a trademark of Regions Bank.

Banking products and services are provided by Regions Bank.