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At this point, you'll be able to see the initial rates you may qualify for. You'll also be able to view different repayment terms and monthly payments. The fees for an unsecured personal loan aren't readily available on the Regions Bank website, but there's no check processing fee or non-sufficient funds fee if a payment is returned. And if you don't bank with Regions, you can still apply for a personal loan online. So, we get why you want a loan and how you're hoping to use it for the things in life that matter most.
Find out the details of the unsecured personal loans offered by Regions Bank and compare the interest rates and fees to other personal loan options. Since 2002, Salt Lake City-based EnerBank has offered leading home improvement loan programs to U.S.-based contractors and enterprise-level strategic partners in the home improvement industry. To make sure you are getting the best deal, comparison shop with several lenders, including your mortgage servicer. This traditional bank, which operates over 1,500 branches in 15 states throughout the south and midwest, now partners with online lender Avant to offer personal loans. Lending services are delivered directly to homeowners at the point of sale via contractors who are part of EnerBank’s national network.
Improved Digital Banking and Technologies
Regions has heavily invested into making the business experience and the homeowner experience faster and more convenient. Don't ask for more money than you actually need and be specific about its purpose on your application. Work to bring your credit card balances down to improve your credit utilization. We have a host of helpful articles, home equity calculators and other tools to make the process easier. Apply for a Home Equity Loan in just minutes, so you can focus on the important things in life.
“Most borrowers would benefit by shopping around to see where the best terms are,” McBride said. EnerBank has worked with hundreds of loan program sponsors, including thousands of home improvement contractors. We believe by providing tools and education we can help people optimize their finances to regain control of their future. While our articles may include or feature select companies, vendors, and products, our approach to compiling such is equitable and unbiased.
Home Equity Loan Details
If your checking account is a Regions checking account, you may qualify for a rate discount. If you don’t have cash on hand to make improvements to your home, there are four common home improvement loan options that can help you access the needed funds. For emergency repairs, Gore suggests applying for a home equity line of credit. Ideally, this should be done before a need arises so you have the capability to access same-day funds when an emergency happens.
That's why we made it so easy to apply for a Home Equity Loan in just minutes. From home improvements to getting cash for a large purchase and beyond, we offer the financial support to make it all happen. While making your home safe or even comfortable is important, many borrowers experience financial strain month-in and month-out after all their bills are paid.
Regions Renovation to Permanent Loans – HK Home …
You should consult privacy disclosures at the linked website for further information. Now that EnerBank USA is part of the Regions family, good things are ahead for home improvement contractors and homeowners everywhere! We know that people are our greatest asset, so we pride ourselves on taking care of our customers. If your customer's loan has been approved, there will be no disruption in terms, funding, or rates. The acquisition won't change your customer's loan terms or repayment schedule. You will still be able to provide homeowners with high-quality service and support.

If you already have a checking or savings account with Regions Bank, it might be the first place you consider for a personal loan. Addition of EnerBank accelerates Regions’ strategy to serve as the premier lender to homeowners. Allows you peace of mind that your payments will be automatically debited from your checking account each month.
If you already bank with Regions, these unsecured personal loans are worth a look. In addition to the tax deductions that may be possible using a home equity loan or line of credit, Gore recommends talking to your accountant and investigating other rebates and deductions based on your project. There may be state or federal rebates for energy-efficiency products such as solar panels and high-efficiency appliances. If you are making your home accessible for someone with a disability, you may be eligible for medical expense deductions.

Acquisition of a home improvement lender furthers Regions’ strategy to deliver a full suite of lending products and services to homeowners. Regions provides links to other websites merely and strictly for your convenience. The site that you are entering is operated or controlled by a third party that is unaffiliated with Regions. Regions does not monitor the linked website and has no responsibility whatsoever for or control over the content, services or products provided on the linked website. The privacy policies and security at the linked website may differ from Regions’ privacy and security policies and procedures.
The company works hand-in-hand with manufacturers, distributors, franchisors, and major retailers of home improvement, remodeling, and energy-saving products and services. EnerBank’s mission is to grow contractors’ businesses by increasing leads, boosting close rates, and growing average job size, while helping homeowners fulfill their home improvement dreams. The company’s Mobile Loan App makes receiving lending approvals and funding requests quick and easy.

So, be prepared to supply a lot of paperwork to prove your financial standing. Based in Salt Lake City, Utah, EnerBank has a nationwide reach, serving over one million homeowners since inception and currently 10,000+ contractors through mobile, online, and phone-based point-of-sale lending options. With approximately $2.8 billion in loan balances as of March 31, 2021, EnerBank’s platform complements Regions’ recent investments in mortgage and home equity lending services.