Truist vs. Regions Bank HELOC
Truist and Regions Bank compared on rates, fees, borrowing limits and fixed-rate options, from each lender's 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.
Both are Southeast banks with intro rates and published ranges. Regions has the lower post-intro starting point, no listed annual fee and a shorter 24-month clawback. Truist lends in more states, including California, and offers larger lines, up to $1 million.
On this page
Side by side
| Truist | Regions Bank | |
|---|---|---|
| Type | Regional bank | Regional bank |
| Rate | Variable, prime +0.25% to +6.85% (7.25%–13.85% APR); 9-month intro rate from prime −1.51%; cap 16%–18% by state | 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 Truist as of October 26, 2026; ask the lender. Excellent credit needed for the lowest rates | Not published by Regions Bank as of October 26, 2026; ask the lender |
| Max borrowing | Not published by Truist as of October 26, 2026; ask the lender | Up to 85% (80% in Texas) |
| Line size | $15,000–$1,000,000 | $10,000–$500,000 |
| Terms | 10-year draw, 20-year repayment | 10-year draw, 20-year repayment |
| Fees | Truist may pay most closing costs if the line stays open 3 years; otherwise $0–$10,000 by state; $15 per fixed-rate advance | 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 | Up to 5 fixed-rate advances of $5,000 or more, for 5 to 30 years (7.24%–14.83% APR) | Loan-in-a-Line: convert all or part of the balance to a fixed rate and term; $100 per conversion |
Sources: Truist (checked October 26, 2026) and Regions Bank (checked October 26, 2026). Terms change; confirm with each lender.
Use a free calculator, or get your HELOC rate from Shawn.
The difference that matters
Truist's intro rate lasts nine months; Regions' 3.99% lasts six billing cycles. Truist asks you to keep the line three years for paid closing costs; Regions asks for two.
Choose Truist if
- You live in California or another Truist state outside Regions' footprint
- You need a line over $500,000
- You want a longer 9-month intro rate
Choose Regions Bank if
- You're in a Regions branch state
- You may close the line within two to three years
- You want a cap on how much the rate can rise each year
If neither fits
Different lenders draw the line in different places on credit score, loan-to-value, property type and state. A broker can price several lenders with one application. Get your HELOC rate, or if you already have an offer from either lender, see how it compares with HELOCs closed this year.
Full reviews
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