# Regions Bank

> **Canonical URL:** https://saferate.com/lenders/regions-bank


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Regions Bank is a bank, headquartered in Birmingham, AL, serving borrowers across 32 states, with 10,811 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 59% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 36% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** EQTWLK1G7ODGC2MGLV11
- **Headquarters:** Birmingham, AL
- **Geographic Reach:** Near-National
- **States Served:** 32
- **State List:** AL, AR, AZ, CA, CO, DC, DE, FL, GA, IA, IL, IN, KS, KY, LA, MI, MN, MO, MS, NC, NE, NM, NV, OH, OK, PA, SC, TN, TX, UT, VA, WI
- **Markets (MSAs):** 50
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 41/100
- Rating: ●●●○○ (3/5)

### Pull Through: Strong 😀
- Score: 64/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.333%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,948
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 10,811
- **Dollar Volume:** $3.8 billion
- **Applications Received:** 18,791
- **Market Share:** 30.00%

## Typical Borrower Profile

- **Average Loan Amount:** $346,965
- **Average Borrower Income:** $173,958
- **Average Property Value:** $493,689

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (62%)
- ⭐ **FHA Gold Superstar** (63%)
- ⭐ **Jumbo Gold Superstar** (70%)
- ⭐ **Purchase Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 88/100 | 8,026 | +0.372% | $1,821 | Exceptional 🤩 |
| FHA | 85/100 | 1,345 | +0.395% | $2,561 | Exceptional 🤩 |
| VA | 77/100 | 372 | -0.398% | $2,669 | Strong 😀 |
| Jumbo | 92/100 | 939 | +0.013% | $1,905 | Exceptional 🤩 |
| USDA | 87/100 | 129 | +0.484% | $2,005 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 5,666 loans, Score: 86/100 (Exceptional)
- Refinance: 2,360 loans, Score: 88/100 (Exceptional)

**FHA:**
- Purchase: 1,063 loans, Score: 83/100 (Exceptional)
- Refinance: 282 loans, Score: 83/100 (Exceptional)

**VA:**
- Purchase: 332 loans, Score: 77/100 (Strong)
- Refinance: 40 loans, Score: 77/100 (Strong)

**Jumbo:**
- Purchase: 842 loans, Score: 93/100 (Exceptional)
- Refinance: 97 loans, Score: 86/100 (Exceptional)

**USDA:**
- Purchase: 129 loans, Score: 87/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 86/100 | 8,032 | $3.2B | +0.216% | Exceptional 🤩 |
| Refinance | 87/100 | 2,779 | $547M | +0.643% | Exceptional 🤩 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| FL | 2,282 | 0.78% | 83/100 |
| AL | 1,890 | 3.15% | 97/100 |
| TN | 1,429 | 1.57% | 88/100 |
| GA | 1,121 | 0.81% | 82/100 |
| MS | 667 | 2.67% | 85/100 |
| AR | 529 | 1.64% | 79/100 |
| TX | 471 | 0.13% | 67/100 |
| LA | 415 | 1.19% | 75/100 |
| MO | 406 | 0.54% | 71/100 |
| IN | 376 | 0.41% | 70/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 1,627 | 79/100 |
| Birmingham, AL | AL | 708 | 100/100 |
| Atlanta | GA | 494 | 78/100 |
| St. Louis, MO | MO-IL | 443 | 81/100 |
| Tampa, FL | FL | 413 | 79/100 |
| Nashville | TN | 392 | 80/100 |
| Jacksonville, FL | FL | 251 | 76/100 |
| Memphis, TN |  | 240 | 76/100 |
| Charlotte | NC-SC | 236 | 73/100 |
| Miami | FL | 231 | 73/100 |
| Houston | TX | 226 | 67/100 |
| Huntsville, AL | AL | 194 | 81/100 |
| Knoxville, TN | TN | 180 | 71/100 |
| Orlando | FL | 179 | 68/100 |
| St. Petersburg | FL | 172 | 77/100 |

## Where This Lender Ranks

Regions Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Memphis, TN for Jumbo Loans
  - [View Full Rankings](https://saferate.com/memphis-tn/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Memphis, TN for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/memphis-tn/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Little Rock for Jumbo Loans
  - [View Full Rankings](https://saferate.com/little-rock/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Little Rock for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/little-rock/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Pensacola for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/pensacola/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Baton Rouge, LA for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/baton-rouge-la/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Decatur, IL for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/decatur-il/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Punta Gorda, FL for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/punta-gorda-fl/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Johnson City, TN Banks
  - [View Full Rankings](https://saferate.com/johnson-city-tn/best-mortgage-lenders/banks)
- 🥈 **#2** in Birmingham, AL for Jumbo Loans
  - [View Full Rankings](https://saferate.com/birmingham-al/best-mortgage-lenders/jumbo-loans)
- 🥈 **#2** in Birmingham, AL for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/birmingham-al/best-mortgage-lenders/banks/jumbo-loans)
- 🥈 **#2** in Pensacola for Jumbo Loans
  - [View Full Rankings](https://saferate.com/pensacola/best-mortgage-lenders/jumbo-loans)
- 🥈 **#2** in Tuscaloosa, AL Banks
  - [View Full Rankings](https://saferate.com/tuscaloosa-al/best-mortgage-lenders/banks)
- 🥈 **#2** in Baton Rouge, LA for Jumbo Loans
  - [View Full Rankings](https://saferate.com/baton-rouge-la/best-mortgage-lenders/jumbo-loans)
- 🥈 **#2** in Fayetteville for Jumbo Loans
  - [View Full Rankings](https://saferate.com/fayetteville/best-mortgage-lenders/jumbo-loans)
- 🥈 **#2** in Fayetteville for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/fayetteville/best-mortgage-lenders/banks/jumbo-loans)
- 🥈 **#2** in Montgomery, AL for Jumbo Loans
  - [View Full Rankings](https://saferate.com/montgomery-al/best-mortgage-lenders/jumbo-loans)
- 🥈 **#2** in Montgomery, AL for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/montgomery-al/best-mortgage-lenders/banks/jumbo-loans)
- 🥈 **#2** in Athens Banks
  - [View Full Rankings](https://saferate.com/athens/best-mortgage-lenders/banks)
- 🥈 **#2** in Athens for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/athens/best-mortgage-lenders/banks/fha-loans)

## Frequently Asked Questions

### What loan types does Regions Bank offer?

Regions Bank offers the following mortgage loan types: FHA, Conventional, VA, Jumbo, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Regions Bank offer mortgages?

Regions Bank offers mortgages in 32 states: AL, AR, AZ, CA, CO, DC, DE, FL, GA, IA, IL, IN, KS, KY, LA, MI, MN, MO, MS, NC, NE, NM, NV, OH, OK, PA, SC, TN, TX, UT, VA, WI.

### How competitive are Regions Bank's mortgage rates?

Regions Bank has a pricing score of 41/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.333% above market average.

### What type of lender is Regions Bank?

Regions Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Birmingham, AL.

### What is Regions Bank's loan approval success rate?

Regions Bank has a pull-through score of 64/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/regions-bank

### How to Cite

> "Regions Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/regions-bank

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