A fixed-rate mortgage loan provides you with the security of having the same interest rate over the life of the loan. Visit Regions Bank to learn more.
Terms: A variety of terms are available. For details, contact your local Regions Mortgage Loan Originator.
Loan-to-Value: Loan-to-value refers to the ratio of the mortgage loan's principal to the property's appraised value or its sales price, whichever is lower.
Loan Amount Limits: For maximum amounts, contact your local Regions Mortgage Loan Originator.
In addition, Regions offers government-supported fixed-rate financing options such as FHA loans, which are backed by the Federal Housing Administration, and VA loans, which are available to individuals who have served a specific time in the United States Armed Forces. Please contact your nearest Regions office for terms, loan limits and other details on FHA and VA loans.
Regions BiWeekly Express Programs
The Regions BiWeekly Express Mortgage is a loan option designed for the customer who is looking to pay off their mortgage ahead of schedule. Some details of this program are outlined below:
- Borrowers biweekly mortgage payments must be auto-drafted.
- The payment may be drafted from a Regions account or an account with another banking institution other than Regions and will draft every other Tuesday.
- BiWeekly Express payments are drafted every other Tuesday, for a total of 26 payments during a 12 month period, allowing the loan to be paid in full on average of four to six years early
- Conforming and Jumbo Loan amounts available up to $2,000,000
Learn more about fixed rate mortgages and other loan type options by reviewing the disclosures provided below:
For more information about being a first time home buyer, please locate a Regions Mortgage Loan Originator or give us a call at 1-877-536-3286.
Subject to Credit Approval