Regions mortgage review 2026

Core View - Regions Bank provides a diverse range of mortgage loan products, making it a viable option for buyers and homeowners in its operational states [1] Group 1: Product Offerings - Regions Bank offers various home loan options, including conventional loans, government-backed loans, construction loans, medical professional loans, no-down-payment mortgages, and renovation loans [2][6] - The bank also provides home equity loans, home equity lines of credit (HELOCs), and refinancing options for existing homeowners [2][10] Group 2: Availability and Transparency - Regions Bank operates in 23 states and Washington, D.C., with a limited presence compared to other lenders [3][25] - The bank does not publicly advertise its mortgage rates, which are reported to be higher than industry medians, requiring potential borrowers to contact loan officers for quotes [3][15][28] Group 3: Loan Costs and Ratings - According to 2024 Home Mortgage Disclosure Act data, Regions Bank scored 2 out of 5 stars for mortgage rates, indicating higher-than-median rates of 6.75%, and a score of 3 out of 5 stars for total loan costs, with a near-median total cost of $5,751.77 [18][32] Group 4: Online Features and Resources - Regions Bank offers a suite of online tools, including calculators and educational resources, to assist borrowers throughout the mortgage process [28][22] - The bank provides a digital lending platform for mortgage applications and prequalification, enhancing accessibility for potential borrowers [19][20]