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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 anyone who needs money in a single lump sum. No collateral is required. Apply at branch or by phone. Existing customers may apply online.
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 want a general-purpose loan in a single lump sum that does not require collateral.
Minimum Loan Amount
Secured Installment Loan
Travel Trailers/Campers - $5,000
RV & Motorhomes - $5,000
Motorcycle (Street legal) - $5,000
Light Farm Equipment - $5,000
Boat - $5,000
Deposit Secured Loan
Time Deposit (CD) - $2,000
Savings Secured Loan - $250
Money Market Secured - $250
Unsecured Loan
$2,000
Maximum Loan Amount
Secured Installment Loan
Depends on the repayment term and collateral requirement.
Travel Trailers/Campers - $50,000
RV & Motorhomes - $300,000
Motorcycle (Street legal) - $30,000
Light Farm Equipment - $70,000
Boat - $75,000
Deposit Secured Loan
Up to 100% of verified available balance in your collateral account minus any loan fees.
Unsecured Loan
Up to $35,000 if applying online
Up to $50,000 if applying in branch or by phone
Annual Percentage Rate (APR)
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
4.74%-16.49% APR1
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
12 - 60 months; 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 2
Deposit Secured Loan
Regions savings account, CD or money market account. The pledged collateral amount will not be available for withdrawal during the life of the loan. Your savings, CD or money market account will continue to earn interest.
Unsecured Loan
No collateral required
Access to Funds
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
Rate discounts are available for line amounts $5,000 or greater, if you elect to have your monthly payments automatically debited from your Regions checking account through our Automatic Payment Option. The amount of the discount varies based on your type of relationship with Regions, ranging from 0.25% up to 0.50%.
Deposit Secured Loan
Rate discounts are available for line amounts $5,000 or greater, if you elect to have your monthly payments automatically debited from your Regions checking account through our Automatic Payment Option. The amount of the discount varies based on your type of relationship with Regions, ranging from 0.25% up to 0.50%.
Unsecured Loan
Rate discounts are available for loan amounts $5,000 or greater, if you elect to have your monthly payments automatically debited from your Regions checking account through our Automatic Payment Option. 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
Secured Installment Loan
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.
Deposit Secured Loan
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.
Unsecured Loan
Allows you peace of mind that your payments will be automatically debited from your checking account each month.
Loan Closing Options
Secured Installment Loan
Branch
Deposit Secured Loan
Branch
Unsecured Loan
Online or In Branch
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 anyone who needs money in a single lump sum. No collateral is required. Apply at branch or by phone. Existing customers may apply online.