Home Equity Line of Credit

We make it easy to apply for a Home Equity Line of Credit so you can focus on the important things in life. Use your home's equity to make upgrades, take care of needed expenses, or debt consolidation. Current rates range from 7.25% to 14.125% APR1.

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The Basics

A Regions Home Equity Credit Line is a flexible, revolving line of credit that’s secured by a primary or secondary residence. The property must be located in a state where Regions has a branch. Current HELOC rates range from 7.25% - 14.125% APR1.

  • Loan in a Line icon

    Loan in a Line Options

  • no annual fee

    No Annual Fee

  • No closing cost

    No Closing Cost Options

Home Equity Line of Credit Details

For You If...
You want a revolving credit line that allows you to borrow as much as you need up to your credit limit, to pay for home improvements, vacations or to consolidate debt. Learn More
Collateral Requirements
Property to be used as collateral must be in a state where Regions has branches, and must meet Regions' Home Equity Line of Credit requirements2
Lien Position
1st or 2nd lien position
Required loan-to-value ratio (LTV)
Up to 80% Loan to Value
Loan Amount
$10,000 - $500,000 depending on lien position and LTV
Annual Percentage Rate (APR)
APR is variable based on Wall Street Journal prime. Current rates range from 7.25% to 14.125%, and are current as of 11/03/2022.1
30-year term (10-year draw and 20-year repayment period)3
Closing Costs
Bank paid closing cost options4
Access to Funds
Convenience Checks, Visa Platinum Access Card (except in Texas), Online, Phone, or at Branch
Payment Frequency & Amount
1/360th of the outstanding balance plus any accrued finance charges or $50, whichever is greater, during the draw period. During the repayment period, your monthly installment payments will be fully amortized over the 20-year repayment period. Other terms may apply.3
Potential Fees
Over Limit Fee of $29

Late Fee for 5% of the payment amount ($29 minimum, $100 maximum, $15 maximum for TX)

Returned Check Fee for $15 for all states

Loan in a Line Conversion Fee of $100
Rate Discounts Available
Rate discounts are available if you elect to have your monthly payments automatically debited from your Regions checking account through our Automatic Payment Option. Rate discount must be applied prior to loan closing and is not available if you enroll in auto-debit at a later date. The amount of the discount varies based on your type of relationship with Regions, ranging from 0.25% up to 0.50%.
Automatic Payment Option
Allows you peace of mind that your payments will be automatically debited from your checking account each month. If your checking account is a Regions checking account, you may qualify for a rate discount.
Loan Closing Options
Branch Only
  • Bank paid closing cost options4
  • No Annual Fee
  • Borrow as much as you need up to your credit limit
  • 30-year term (10 year draw; 20 year repayment period) 3
  • Loan in a Line options

Ways to apply for a Home Equity Line of Credit

  • online Online Application

    Apply today online.

    Apply Now
  • a Regions branch Visit a Branch

    Apply at a branch near you today.

    Find a Regions Branch
  • on the phone Apply by Phone

    1-888-462-7627 Mon - Fri 6 a.m. to 7 p.m., Sat 8 a.m. to 2 p.m.

Some things are bigger than banking

At Regions, we're more than just bankers. We're home owners and parents and grandparents and neighbors. So, we get why you want a loan and how you're hoping to use it for the things in life that matter most. That's why we made it so easy to apply for a Home Equity Line of Credit in just minutes. From home improvements to college education and beyond, we offer the financial support to make it all happen.

Convert Your Equity Line Balances into a Fixed Rate!

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Why Regions?


Borrowing doesn't have to be an overwhelming experience. We have a host of helpful articles, home equity calculators and other tools to make the process easier.


Manage your account online, and bank when you want with Mobile Banking, Online Banking with Bill Pay, and access to over 1,900 ATMs across Regions' 15-state service area. Help Me Decide

Personal Service

Our knowledgeable, experienced professionals will help you find just the right loan for you, then you'll enjoy award-winning customer service through a branch, online, over the phone, on Facebook or Twitter, or even at an ATM.

Community Involvement

We believe in giving back to our communities by supporting local organizations and donating our time and talents. We even give associates a paid day off each year to volunteer with a cause of their choice.