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If you’re ready to hit the water or ride the open road, Regions offers several secured lending options with fixed interest rates that meet your recreational needs.
A Deposit Secured Loan is an installment loan that's secured by a Regions certificate of deposit, savings account or money market account as collateral.
A Regions Unsecured Loan is a general-purpose loan for customers who need money in a single lump sum, and requires no collateral.
For You If…
Secured Installment Loan
You want to purchase or refinance a new or used recreational vehicle such as a travel trailer, motorhome, boat or tractor for personal use. Learn More
Deposit Secured Loan
You need a loan and want to secure it with a Regions savings account, Regions CD or Regions money market while still maintaining a deposit account balance. Learn more
Unsecured Loan
You need a general-purpose loan in a single lump sum and have no collateral.
Minimum Loan Amount
Secured Installment Loan
$5,000
Deposit Secured Loan
$2,000 for Time Deposit (CD) Secured Loan; $250 for Savings Secured Loan or Line of Credit; $250 for money market secured loan
Unsecured Loan
$2,000
Maximum Loan Amount
Secured Installment Loan
Up to $300,000 depending on the repayment term and collateral requirement.
Deposit Secured Loan
Up to 100% of verified available balance in your collateral account minus any loan fees.
Unsecured Loan
$35,000
Interest Rate
Secured Installment Loan
Fixed APR based on loan amount, term, and collateral securing the loan.
Deposit Secured Loan
Fixed APR based on loan amount, term, and collateral securing the loan.
Unsecured Loan
Fixed APR based on loan amount and term.
Term
Secured Installment Loan
Varies based on loan amount and collateral securing the loan.
Deposit Secured Loan
Varies based on loan amount and collateral securing the loan.
Unsecured Loan
Varies based on loan amount.
Collateral Requirements
Secured Installment Loan
Travel trailers and campers, RVs and motorhomes, motorcycles, tractors and other light farm equipment and boats legal disclaimer number1
Deposit Secured Loan
Regions savings account, CD or money market
Unsecured Loan
None
Travel Trailers/Campers
Secured Installment Loan
Loan Amount: $5,000 - $50,000
Deposit Secured Loan
N/A
Unsecured Loan
N/A
RV and High-End Motorhomes
Secured Installment Loan
Loan Amount: $50,000 - $300,000
Deposit Secured Loan
N/A
Unsecured Loan
N/A
Motorcycle (Street Legal)
Secured Installment Loan
Loan Amount: $5,000 - $30,000
Deposit Secured Loan
N/A
Unsecured Loan
N/A
Light Farm Equipment
Secured Installment Loan
Loan Amount: $5,000 - $70,000
Deposit Secured Loan
N/A
Unsecured Loan
N/A
Boat
Secured Installment Loan
Loan Amount: $5,000 - $75,000
Deposit Secured Loan
N/A
Unsecured Loan
N/A
Accessibility
Secured Installment Loan
Funds are available in a single lump sum at loan closing.
Deposit Secured Loan
Funds are available in a single lump sum at loan closing.
Unsecured Loan
Funds are available in a single lump sum at loan closing.
Payment Frequency & Amount
Secured Installment Loan
Monthly repayment. Repayment amount varies based on term, APR and loan amount
Deposit Secured Loan
Monthly repayment. Repayment amount varies based on term, APR and loan amount
Unsecured Loan
Monthly repayment. Repayment amount varies based on term, APR and loan amount.
Rate Discounts Available
Secured Installment Loan
Yes, if eligible.
Deposit Secured Loan
Yes, if eligible.
Unsecured Loan
No
Automatic Payment Option
Secured Installment Loan
Yes
Deposit Secured Loan
Yes
Unsecured Loan
Yes
Loan Closing Options
Secured Installment Loan
Branch
Deposit Secured Loan
Branch
Unsecured Loan
Online
Features
Secured Installment Loan
- Low fixed interest rate
- Predictable monthly payments
Deposit Secured Loan
- Low fixed interest rate
- Predictable monthly payments
- Secured with Regions CD, savings account or money market account
Unsecured Loan
- Fixed interest rate
- No collateral required
- Predictable monthly payments
If you’re ready to hit the water or ride the open road, Regions offers several secured lending options with fixed interest rates that meet your recreational needs.
A Deposit Secured Loan is an installment loan that's secured by a Regions certificate of deposit, savings account or money market account as collateral.
A Regions Unsecured Loan is a general-purpose loan for customers who need money in a single lump sum, and requires no collateral.
