Regions Bank HELOC review
What Regions Bank's home equity line of credit offers, who it fits, and what to check, from the lender's own published terms.
Reviewed by Shawn Way, NMLS #1007298★ 4.9 from 111 reviewsUpdated
Disclosure: Shawn Way is a loan officer at West Capital Lending, Inc., which competes with these lenders. HELOCHQ isn't paid by any lender for reviews, and every fact below comes from the lender's own published terms.
Who should consider the Regions Bank HELOC?
The Regions Bank HELOC fits homeowners in its Southeast and Midwest branch states who want closing costs covered and will keep the line two years or more. As of October 26, 2026, it offers a 3.99% intro APR for 6 billing cycles, then 7.75%–14.625% APR, with an 18% lifetime cap, a 5-point annual cap and borrowing up to 85% (80% in Texas).
On this page
Terms at a glance
| Type | Regional bank |
|---|---|
| Rate | Variable, prime plus a margin; 7.75%–14.625% APR after a 3.99% intro APR for 6 billing cycles; floor 3.75%, cap 18% |
| Credit score | Not published by Regions Bank as of October 26, 2026; ask the lender |
| Max borrowing | Up to 85% (80% in Texas) |
| Line size | $10,000–$500,000 |
| Terms | 10-year draw, 20-year repayment |
| Fees | Regions pays closing costs on lines up to $500,000; owed back if closed within 24 months (not in Texas); no annual fee listed; $100 per fixed-rate conversion |
| Fixed-rate option | Loan-in-a-Line: convert all or part of the balance to a fixed rate and term; $100 per conversion |
Source: Regions Bank, checked October 26, 2026.
Use a free calculator, or get your HELOC rate from Shawn.
Who it fits
- Homeowners in Regions' Southeast and Midwest branch states
- Borrowers who want closing costs covered and plan to keep the line two years or more
- People who want to fix part of the balance later
What to check
- Only available where Regions has branches
- Closing within 24 months means repaying third-party closing costs
- Investment properties and manufactured homes aren't eligible
Our take
Regions publishes a clear package: a short 3.99% intro rate, a post-intro range of 7.75% to 14.625%, an 18% lifetime cap and a 5-point annual cap. Paid closing costs and no listed annual fee keep the cost to open and hold low, as long as you keep the line at least two years. Its Loan-in-a-Line conversion lets you fix part of the balance for a $100 fee.
Questions to ask Regions Bank
- Where in the post-intro range would my rate fall?
- Which rate discounts would I qualify for?
- Is there an annual fee in my state?
- What fixed rate would apply if I converted part of the balance today?
If it doesn't fit
- A national lender if you're outside Regions' branch states
- A lender with no early-closure clawback if you may sell within two years
How to compare it
Put any offer side by side on margin over prime, total fees, draw terms and fixed-rate options. Prime is 7.00% as of October 28, 2026. A broker with access to more than 180 lenders can price several of these in one application; check your rate and compare them with a direct quote from Regions Bank.
Head to head
Shawn Way is a loan officer at West Capital Lending, Inc., which may compete with the lenders reviewed here and may also arrange loans through some of them as a mortgage broker. Facts come from each lender's own website on the date shown and can change; confirm current terms with the lender.
Sources
Official sources behind this guide.
- What is the difference between a home equity loan and a HELOC? · Consumer Financial Protection Bureau
- What you should know about home equity lines of credit (booklet, PDF) · Consumer Financial Protection Bureau
- Regulation Z §1026.40: Requirements for home equity plans · Consumer Financial Protection Bureau