Please review the disclosure information below. After accepting the terms of the agreement you will be allowed to move forward with your application.



Consumer Real Estate & Direct Loan Application Disclosure
If you applied for a real estate loan, you have the right to a copy of the appraisal report used in connection with your application for credit.  If you want a copy, please write to us at the following address: Regions Bank, Consumer Loan Center, P.O. Box 830721, Birmingham, AL  35283.  We must hear from you no later than 90 days after (1) we notify you about the action taken on your credit application or (2) you withdraw your application.  In your letter, give us the type of loan for which you applied and the name of your loan officer.


Important Information about Procedures for Opening a New Account
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.  What this means for you:  When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you.  We may also ask to see your driver's license or other identifying documents. By signing below, you acknowledge that you have read, received and understand these disclosures and that Regions Bank made an oral disclosure of the applicable information above.  You further acknowledge that you have received a copy of the Regions Privacy Policy. Everything that you have stated in this application process is correct to the best of your knowledge.  You understand that we will retain your application whether or not it is approved.  We are authorized to check your credit and employment history and to answer questions about our credit experience with you.  If you have indicated that you are applying for a loan, you understand that you are not requesting credit at a specific interest rate and that if your application is approved; the interest on your loan will be based on several factors, including your credit history and may be higher than our "best" rate or "published" rate.


Notice Concerning the Purchase of Insurance
The bank may not condition an extension of credit on either (a) the consumer's purchase of an insurance product or annuity from the bank or from any of its affiliates, or (b) the consumer's agreement not to obtain, or a prohibition on the consumer from obtaining, an insurance product or annuity from an entity that is unaffiliated with the bank.


Important Disclosures about Regions Debt Protection
This product is optional. Your purchase of debt protection from Regions is optional. Whether or not you purchase debt protection from Regions will not affect your application for credit or the terms of any existing credit agreement you have with Regions.

Amount of fee for Installment Loans. Your Debt Protection Fees for an installment loan will accrue on a daily basis and will be due monthly along with your Loan payments. The daily fee for Regions Debt Protection is computed by multiplying the lesser of the outstanding principal balance of the Loan or $100,000 each day by the daily factor set out below for each selected Protected event:

Single Life/Terminal Illness 0.00003255
Joint Life/Terminal Illness 0.00005523
Job Loss 0.00004504
Disability/Family Leave 0.00004214

If you make all of your Loan payments on their payment due dates, you do not incur any additional charges under your Loan and Regions does not change the fee rate, the total Debt Protection Fee (i.e., the sum of your monthly fees) for the Protection Option(s) you select will be as shown in the following examples:

For a Loan of $10,000 at an interest rate of 10% with a term of 4 years:
Single Life Joint Life Job Loss Disability Total (Single Life + Job Loss + Disability)
$264.88 $452.59 $345.59 $365.66 $976.13

For a Loan of $50,000 at an interest rate of 7.5% with a term of 12 years:

Single Life Joint Life Job Loss Disability Total (Single Life + Job Loss + Disability)
$4,402.93 $7,576.33 $5,744.57 $6,078.12 $16,225.62

Amount of fee for Lines of Credit. The monthly Debt Protection Fees for a line of credit are based on the lesser of the outstanding Line of Credit balance or $50,000 each month multiplied by the unit-cost set out below for each selected Protected Event:

Single Life/Terminal Illness $0.99 per $1,000
Joint Life/Terminal Illness $1.68 per $1,000
Job Loss $0.74 per $1,000
Disability/Family Leave $0.74 per $1,000

On both installment loans and lines of credit, Regions Bank may change the amount of the Debt Protection Fee in the future by giving you written notice, but you will have the option to cancel the Rider before any Debt Protection Fee change goes into effect.

Refund of fee. You may cancel the Rider within thirty (30) days from the Rider Start Date and receive a full refund of the Debt Protection Fee you have paid. Because each monthly payment of Debt Protection Fees provides you with debt protection for the month in which the payment is made, you will not be entitled to any refund after the initial thirty- (30) day period.

Use of Line of Credit restricted. If protection is activated for a Protected Event of Loss of Life, Job Loss or Disability, you may be unable to use your Line of Credit.

Termination of the Rider. Either you or Regions has the right to terminate the Rider at any time by sending written notice to the other party. Also, the Rider will terminate upon default on your Loan or Line of Credit, termination or refinancing of your Loan or Line of Credit, the date your Loan or Line of Credit is sold, your failure to pay the Debt Protection Fee, your reaching the age limits or term limits for certain Protected Events, or cancellation of your debt in an amount equal to the maximum protection amount under the Rider.

Eligibility requirements, conditions and exclusions. There are eligibility requirements, conditions and exclusions that could prevent you from receiving protection under the Rider. You can find a complete explanation of the eligibility requirements, conditions and exclusions for each Protected Event in the General Requirements and Conditions Section and the Specific Requirements and Conditions Section of the Rider.

Regions’ Rider may not cancel your entire debt upon activation. The amount of debt canceled under the Rider may not be sufficient to cancel your entire debt. You should read the Rider to determine your rights upon the occurrence of a Protected Event.

Read the Rider. The information provided in these disclosures is qualified in its entirety by the terms of the Rider itself. Regions encourages you to read the Rider carefully and make sure you understand its terms and conditions before purchasing debt protection.


For Applicants in the State of Texas
Defined by Section 50(a)(6), Article XVI, Texas Constitution :
Section 50(a)(6), Article XVI, of the Texas Constitution allows certain loans to be secured against the equity in your home. Such loans are commonly known as equity loans. If you do not repay the loan or if you fail to meet the terms of the loan, the lender may foreclose and sell your home. The constitution provides that:
(a) The loan must be voluntarily created with the consent of each owner of your home and each owner's spouse;
(b) The principal loan amount at the time the loan is made must not exceed an amount that, when added to the principal balances of all other liens against your home, is more than 80 percent of the fair market value of your home;
(c) The loan must be without recourse for personal liability against you and your spouse unless you or your spouse obtained this extension of credit by actual fraud;
(d) The lien securing the loan may be foreclosed upon only with a court order;
(e) Fees and charges to make the loan may not exceed 3 percent of the loan amount;
(f) The loan may not be an open-end account that may be debited from time to time or under which credit may be extended from time to time unless it is a home equity line of credit;
(g) You may prepay the loan without penalty or charge;
(h) No additional collateral may be security for the loan;
(i) The loan may not be secured by agricultural homestead property, unless the agricultural homestead property is used primarily for the production of milk;
(j) You are not required to repay the loan earlier than agreed solely because the fair market value of your home decreases or because you default on another loan that is not secured by your home;
(k) Only one loan described by section 50(a)(6), Article XVI, of the Texas Constitution may be secured with your home at any given time;
(l) The loan must be scheduled to be repaid in payments that equal or exceed the amount of accrued interest for each payment period;
(m) The loan may not close before 12 days after you submit a written application to the lender or before 12 days after you receive this notice, whichever date is later; and if your home was security for the same type of loan within the past year, a new loan secured by the same property may not close before one year has passed from the closing date of the other loan;
(n) The loan may close only at the office of the lender, title company, or an attorney at law;
(o) The lender may charge any fixed or variable rate of interest authorized by statute;
(p) Only a lawfully authorized lender may make loans described by section 50(a)(6), Article XVI, of the Texas Constitution;
(q) loans described by section 50(a)(6), Article XVI, of the Texas Constitution must:


(1) Not require you to apply the proceeds to another debt except a debt that is secured by your home or owed to another lender;
(2) Not require that you assign wages as security;
(3) Not require that you execute instruments which have blanks left to be filled in;
(4) Not require that you sign a confession of judgment or power of attorney to another person to confess judgment or appear in a legal proceeding on your behalf;
(5) Provide that you receive a copy of all documents you sign at closing;
(6) Provide that the security instruments contain a disclosure that this loan is a loan defined by section 50(a)(6), Article XVI, of the Texas Constitution;
(7) Provide that when the loan is paid in full, the lender will sign and give you a release of lien or an assignment of the lien, whichever is appropriate;
(8) Provide that you may, within 3 days after closing, rescind the loan without penalty or charge;
(9) Provide that you and the lender acknowledge the fair market value of your home on the date the loan closes; and
(10) Provide that the lender will forfeit all principal and interest if the lender fails to comply with the lender's obligations unless the lender cures the failure to comply as provided by section 50(a)(6)(q)(x), Article XVI, of the Texas Constitution; and

(r) If the loan is a home equity line of credit:


(1) You may request advances, repay money, and reborrow money under the line of credit;
(2) Each advance under the line of credit must be in an amount of at least $4,000;
(3) You may not use a credit card, debit card, solicitation check, or similar device to obtain advances under the line of credit;
(4) Any fees the lender charges may be charged and collected only at the time the line of credit is established and the lender may not charge a fee in connection with any advance;
(5) The maximum principal amount that may be extended, when added to all other debts secured by your home, may not exceed 80 percent of the fair market value of your home on the date the line of credit is established;
(6) If the principal balance under the line of credit at any time exceeds 50 percent of the fair market value of your home, as determined on the date the line of credit is established, you may not continue to request advances under the line of credit until the balance is less than 50 percent of the fair market value; and
(7) The lender may not unilaterally amend the terms of the line of credit.


This notice is only a summary of your rights under the Texas Constitution. Your rights are governed by Section 50, Article XVI, of the Texas Constitution, and not by this notice. Regions must receive a valid real estate lien under Article XVI Section 50(a)(6) of the Texas Constitution.