Regions Bank Mortgage Rates 2025: What You Really Pay

When you’re shopping for a mortgage, your goal is clear: lock in a low interest rate that stays stable over time. That’s where Regions Bank steps in. As a top regional lender in the U.S., the bank offers a wide mix of mortgage products with competitive Regions Bank mortgage rates. 

This review is designed for busy homebuyers. We’ll explain what Regions Bank mortgage rates you can expect, how they compare to the market, and what you need to know to decide if Regions is a smart fit for your home loan.

Who Is Regions Bank?

Regions Bank, a part of Regions Financial Corporation, is one of the largest full-service banks in the United States. Founded in 1971 and headquartered in Birmingham, Alabama, the bank serves millions of customers across the South, Midwest, and parts of the Central U.S. Today, it operates more than 1,300 branches and nearly 2,000 ATMs in 15 states, making it a strong regional player in personal and business banking.

In addition to checking, savings, and credit card services, Regions offers a full range of home loan products. These include fixed-rate mortgages, adjustable-rate mortgages (ARMs), FHA loans, VA loans, and affordable options. However, unlike many larger or online lenders, Regions does not publicly post real-time mortgage rates on its website. Instead, it offers tools where you can request personalized rate estimates online or speak directly with a mortgage specialist at a nearby branch.

Transparency of Regions Bank Mortgage Rates

One of the first things you’ll notice when visiting Regions Bank’s mortgage section is that they don’t publish specific mortgage rates online. Unlike many competitors, such as Rocket Mortgage or Bank of America, Regions asks potential borrowers to contact a loan officer or local branch to get personalized quotes.

Regions explains that your Regions Bank home mortgage rates will depend on various factors, such as:

• Credit score
• Loan amount
• Down payment
• Type of property
• Type of mortgage (fixed or adjustable)

While this makes sense, because mortgage rates are personal, it also makes rate comparison difficult. Without a baseline or range, potential borrowers can’t easily tell whether Regions is competitive in today’s market.

If you’re a rate-conscious borrower who likes to shop around online before talking to someone, this could be a turn-off. But if you value personalized service and don’t mind a phone call, it might be worth the effort.

Analysis of Regions Bank Mortgage Rates

While the bank doesn’t publish official Regions Bank mortgage rates, third-party sources give us a clear picture. Based on 2024 data, the average Regions Bank 30 year mortgage rates was about 7.58%. That’s higher than the national average, which stood at around 6.55% for the same year.

Why the difference? Regions uses risk-based pricing, a common model where interest rates are adjusted based on the borrower’s credit profile, down payment, and other financial factors. This means that if your credit is excellent and you put down a large amount, you may get a much lower rate than the average. However, you might have to pay extra if your credit is weaker.

Regions Bank Mortgage Rates Breakdown

Here’s a quick look at average Regions Bank mortgage rates, based on loan type:

Note: These averages are drawn from aggregated loan data and may not reflect the rate you personally qualify for. Your actual mortgage rate can vary, so make sure you contact the bank for exact Regions Bank mortgage loan rates before making any financial decision. 

Market Context of Mortgage Rates in 2025

As of July 2025, the average U.S. 30-year fixed mortgage rate has climbed to about 6.72%. This uptick is driven by rising inflation, strong employment numbers, and increased Treasury bond yields, factors that push borrowing costs higher across the board.

Mortgage experts predict that rates may continue hovering between 6.5% and 7% throughout the rest of the year. These are still considered elevated compared to the ultra-low rates seen in 2020 and 2021, but they reflect a more normalized lending environment.

At 7.58%, Regions Bank’s average rate is noticeably above the national average. But it’s important to keep in mind:

• This number reflects a 12-month average, including loans made to borrowers with a wide range of credit scores.
• Regions may offer specialized products, such as ARMs or 15-year fixed loans, with lower-than-average rates depending on your financial situation.
• If you qualify for programs like VA, FHA, or jumbo loans, your Regions Bank mortgage rate may differ from standard published averages.

How to Get Your Custom Mortgage Rate at Regions

Since there’s no live rate chart, you’ll need to go through a few steps to get your custom quote:

Step 1: Get in Touch with a Mortgage Loan Officer

Start by visiting the Regions Bank website and using their loan officer locator tool. You can search by ZIP code to find someone near you. These loan officers are your main point of contact, they’ll walk you through the process, answer your questions about Regions Bank mortgage rates, and help you gather the necessary documents.

Step 2: Share Some Basic Information

To provide you with an accurate rate estimate, the loan officer will need details about your financial situation. This typically includes:

• Your estimated income
• Your credit score (or a rough idea of it)
• The type of property you’re buying or refinancing
• Your down payment amount
• The loan amount you’re seeking

You don’t need to have every detail figured out, but the more accurate the information, the more precise your quote will be.

Step 3: Receive a Pre-Qualification or Rate Estimate

Once they’ve reviewed your details, the loan officer will offer you a pre-qualification or an initial estimate. This quote will usually include:

• An estimated interest rate (based on your credit and loan details)
• Expected monthly payments
• An overview of any closing costs or additional fees

This isn’t a final offer, but it gives you a clearer idea of what your mortgage might look like with Regions.

Step 4: Compare and Decide

At this point, you can compare the Regions Bank mortgage rates with offers from other lenders. Since mortgage terms can vary a lot, it’s a good idea to get at least two or three quotes before committing.

You can also take advantage of Regions’ mortgage calculators to see how much house you can afford and what your monthly payments might look like. If you feel comfortable with Regions Bank mortgage rates, you can move forward with a full application.

Mortgage Options Offered by Regions Bank

Even though the exact Regions Bank mortgage rates aren’t listed on the site, Regions Bank offers a wide variety of loan types to fit different financial needs and goals. Here’s a closer look at what they provide:

Traditional Mortgage Options

If you’re looking for a straightforward home loan with stable terms, the bank offers several traditional mortgage options with competitive Regions Bank mortgage rates that may fit your needs.

• 30-Year Fixed-Rate Mortgage: This is the most common mortgage option. It offers a steady monthly payment over three decades, making it easier to budget long-term.
• 15-Year Fixed-Rate Mortgage: This option helps you pay off your home faster and save money on interest, though the monthly payments will be higher than a 30-year term.
• Adjustable-Rate Mortgage (ARM): These loans typically start with a lower interest rate for the first few years, then adjust based on market conditions. They are excellent for homebuyers who intend to move or refinance in the next years.
• Government-backed Mortgage: Regions also supports homebuyers through several government-backed loan programs. These include FHA loans for those with lower credit scores or limited savings, VA loans for eligible veterans and active service members, and USDA loans for buyers in rural areas. These loans often require little to no down payment, making them popular among first-time homebuyers.
• Construction and Renovation Loans: Planning to build your dream home or renovate your current one? These loans cover the costs of construction and major remodels.

Loan Types for Unique Situations

For borrowers with special needs or unique financial situations, Regions Bank provides a variety of flexible loan options designed to fit different lifestyles and goals.

• Affordable 97 Mortgage: For those looking for affordable homeownership options, the bank provides special products like the Affordable 97 mortgage, which allows you to buy a home with just 3% down. This loan doesn’t require the borrower to pay for mortgage insurance and includes flexible terms to make homeownership more accessible.
• Affordable 100 Mortgage: Lets you finance up to 100% of your home’s value, meaning no down payment at all. Like the 97 loan, it also removes the need for borrower-paid mortgage insurance.
• Physician and Emerging Professional Loans: Tailored to doctors, dentists, and other highly trained individuals. These loans may require little to no money down, allow for lower monthly payments, and even let you close on your home before officially starting a new job.
• High Net Worth Mortgage: These loans go up to $5 million and include jumbo loan options. They may also allow you to qualify using your assets instead of traditional income. This is a good solution for clients who work with a Regions Wealth Advisor and want a more customized lending experience.

Mortgage Fees and Closing Costs at Regions

Although Regions Bank doesn’t display a full list of mortgage fees online, there are some helpful clues based on their other loan products:

Here’s what you should keep in mind:

• No Application Fees (in Many Cases): Regions often waives application fees, helping you get started with fewer upfront costs. Be sure to confirm this during your rate discussion.
• No Prepayment Penalty: If you decide to pay off your loan early, either through refinancing or an early lump-sum payment, you won’t be charged a penalty. This flexibility can save you money in the long run.
• Possible Waived or Discounted Closing Costs: In some cases, Regions may offer discounts or cover part of the closing costs, especially through promotional programs or specific loan types.
• Other Potential Costs: Like most lenders, Regions may include other typical mortgage-related fees such as:
  • Appraisal fee to find out how much your property is worth
  • Origination fee: a charge for processing your loan
  • Title and recording fees are required to register your mortgage with local authorities

Pros and Cons of Choosing Regions Bank for Your Mortgage

Before applying for a home loan, it’s important to understand both the strengths and potential drawbacks of working with Regions Bank. Here’s a closer look to help you decide if it’s the right fit for your mortgage needs.

Pros: 

• Personalized service through loan officers
• Potential for lower fees in some cases
• Strong local presence and branch network
• Full range of loan products

Cons:

• No online listings of Regions Bank mortgage rates
• Not available outside 15 states

From the pros and cons above, we can see that if you value personal service and want to build a relationship with someone who understands your local market, Regions Bank could be a great fit. Their loan officers are there to guide you through each step, answer questions, and help you feel more confident throughout the process. For many borrowers, especially first-time buyers, having someone to talk to face-to-face is a big advantage.

On the other hand, if you’re someone who prefers everything to happen quickly and online, a digital lender may suit you better. Online lenders typically offer instant rate comparisons, fast pre-approvals, and fully digital applications. This can save time, especially if you’re already comfortable managing finances through apps or websites.

6 Tips to Get the Best Regions Bank Mortgage Rates

Getting a good mortgage is not only about choosing the right lender, but also about preparing your finances and making smart choices along the way. Here are a few practical tips to help you get the best Regions Bank mortgage rates and save money:

1. Get Your Documents Ready: Pull together your recent pay stubs, W-2s, tax returns, and a copy of your credit report. Having these ready speeds up the process.
2. Improve Your Credit Score: Your credit score plays a big role in what mortgage rate you’ll receive. Aim for a score of 740 or higher to unlock the best interest rates. Pay down credit card balances, avoid new debt, and fix any errors on your credit report before applying.
3. Increase Your Down Payment: If you can put down at least 20%, you’ll avoid private mortgage insurance (PMI) and often get a better interest rate. Even a slightly larger down payment can reduce your overall borrowing cost.
4. Consider Paying Points: Mortgage points are upfront fees you pay at closing to reduce your interest rate over time. One point usually costs 1% of the loan amount. This can be a smart move if you plan to stay in your home long enough to break even on the upfront cost.
5. Lock In Your Rate: Regions Bank mortgage rates can change daily, sometimes even multiple times a day. Once you find a rate you like, ask your lender for a rate lock, which holds your interest rate for a set period (often 30 to 60 days) while your loan is being processed.
6. Use Regions’ Mortgage Tools: Regions offers free online calculators on the website to help you estimate your mortgage payments for both fixed-rate and adjustable-rate loans. These tools can show you how different loan terms and down payments affect your monthly cost.

FAQs About Regions Bank Mortgage Rates

Does Regions Bank offer competitive mortgage rates?

• Regions Bank does offer competitive rates, but they’re not publicly listed online. You’ll need to contact a loan officer to get a personalized quote based on your credit profile and loan details.

Can I apply for a Regions Bank mortgage online?

• You can start the process online, but most steps, like rate quotes and final applications, require working directly with a loan officer by phone or in person.

Does Regions Bank offer rate locks on mortgages?

• Yes. Regions Bank offers rate lock options to help you secure your interest rate during the loan process. Be sure to ask your loan officer about the lock period and any fees.

How long does it take to close a mortgage with Regions Bank?

• The typical closing time for a Regions mortgage is around 30 to 45 days, depending on the loan type and how quickly documents are submitted.

Can I get a mortgage with Regions if I’m self-employed?

• Yes, self-employed borrowers can apply for a mortgage with Regions Bank. You’ll need to provide extra documentation, such as tax returns and profit/loss statements, to verify your income.

While Regions Bank mortgage rates aren’t listed online for quick comparison, the bank makes up for it with one-on-one service and a wide range of loan options. If you want instant quotes and the ability to compare rates online, you may prefer a fintech lender. But if you appreciate personalized service, want to build a relationship with a local loan officer, and don’t mind a few extra steps, Regions could be an excellent choice. Just make sure you ask the right questions and compare offers to ensure you’re making the most informed decision for your future home.