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Regions Loan in a Line (LNL)

A Home Equity Line of Credit feature

At Regions Bank we believe life is an adventure and we want to be there to assist you every step of the way. Whether those steps lead you to creating that dream kitchen or buying a new convertible, the equity you have built in your home can provide you with financing options.

Loan in a Line

All States
(Except Texas)

Texas Only

Product Features

Allows you the option to lock in all or a portion of your Home Equity EssentiaLine balance into a fixed rate and fixed term.   You may have up to 10 locks at any given time.

Allows you the option to lock in all or a portion of your Home Equity EssentiaLine balance into a fixed rate and fixed term.   You may have up to 10 locks at any given time.

Term
3, 5, 7, 10 or 15 years; not to exceed remaining term on the Equity Line
3, 5 or 7 years; not to exceed remaining term on the Equity Line
Loan Amount
$5,000 up to outstanding line balance
$5,000 up to outstanding line balance
Repayment
  • Fixed payments to repay LNL balance over the LNL term
  • Monthly payment for each LNL is added to the minimum payment due on the remaining balance for the total monthly payment on the account

 

  • Fixed payments to repay LNL balance over the LNL term
  • Monthly payment for each LNL is added to the minimum payment due on the remaining balance for the total monthly payment on the account
Annual Percentage Rate (APR)
  • Promotional APRs range as low as 3.125% up to 5.125%
  • Rates are based on lien position of the Home Equity Line and LNL term
  • Standard LNL rates equals to the Margin provided in the EssentiaLine Credit Agreement + Your Current EssentiaLine Variable APR
  • Promotional APRs range as low as 3.125% up to 4.625%
  • Rates are based on lien position of the Home Equity Line and LNL term
  • Standard LNL rates equals to the Margin provided in the EssentiaLine Credit Agreement + Your Current EssentiaLine Variable APR
Automatic Payment Option Yes Yes
Conversion Fee

$100; waived if request form submitted within the first 30 days after account opening

$100; waived if request form submitted within the first 30 days after account opening

Late Fee
Late fee: 5% of payment amount
($29 minimum, $100 maxium)
Late fee: 5% of payment amount
($29 minimum, $100 maxium)

Important Information About Regions Home Equity Line of Credit arrow