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 score and performance metrics.

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 an overall pricing score of 40.7/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Regions Bank?

Regions Bank is a Bank headquartered in Birmingham, AL.

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Regions Bank

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Regions Bank's 10.8k closed loans and 19k applications, benchmarked against peer lenders across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Sound

3/5

vs. all lenders

Pull-through

Strong

4/5

closing strength

Product

Exceptional

5/5

FHA · Conventional · VA · Jumbo · USDA

Place

Strong

4/5

Near-National · 49 mkts

Awards

Conventional

Superstar

FHA

Superstar

Jumbo

Superstar

Purchase

Superstar

Summary

What They Do Well

Strong pull through performance
High volume lender with significant market experience
Particularly strong in Conventional and FHA and VA and Jumbo and USDA loans
Nationwide availability with consistent service

Explore another lender or local market

Report Card

Regions Bank performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Sound

+33.3 bps above market avg

Pull Through

Closing strength

Strong

Top 40% of lenders

By Loan Product· Specialization by type

Conventional

Exceptional

Top 20% of lenders

FHA

Exceptional

Top 20% of lenders

Strong

Top 40% of lenders

Jumbo

Exceptional

Top 10% of lenders

USDA

Exceptional

Top 20% of lenders

By Loan Purpose· Transaction purpose mix

Purchase

Exceptional

Top 20% of lenders

Refinance

Exceptional

Top 20% of lenders

By Location· Geographic coverage

Geographic Reach

Near-National · 50 markets

Strong

Top 40% of lenders

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Strong	Exceptional	Acceptable	Strong	8,026	74.2%	+0.372%Above	$1,821Fees
FHA Loans	Strong	Exceptional	Sound	Sound	1,345	12.4%	+0.395%Above	$2,561Fees
VA Loans	Strong	Strong	Sound	Sound	372	3.4%	-0.398%Below	$2,669Fees
Jumbo Loans	Strong	Exceptional	Sound	Strong	939	8.7%	+0.013%Above	$1,905Fees
USDA Loans	Sound	Exceptional	Acceptable	Sound	129	1.2%	+0.484%Above	$2,005Fees

Conventional

Overall

Strong

Product

Exceptional

Pricing

Acceptable

Pull Through

Strong

Volume8,026

Mix74.2%

Spread

+0.372%Above

Fees

$1,821Fees

FHA Loans

Overall

Strong

Product

Exceptional

Pricing

Sound

Pull Through

Sound

Volume1,345

Mix12.4%

Spread

+0.395%Above

Fees

$2,561Fees

VA Loans

Overall

Strong

Product

Strong

Pricing

Sound

Pull Through

Sound

Volume372

Mix3.4%

Spread

-0.398%Below

Fees

$2,669Fees

Jumbo Loans

Overall

Strong

Product

Exceptional

Pricing

Sound

Pull Through

Strong

Volume939

Mix8.7%

Spread

+0.013%Above

Fees

$1,905Fees

USDA Loans

Overall

Sound

Product

Exceptional

Pricing

Acceptable

Pull Through

Sound

Volume129

Mix1.2%

Spread

+0.484%Above

Fees

$2,005Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Strong	Exceptional	Sound	Sound	8,032	74.3%	+0.216%Above	$2,239Fees
Refinance	Sound	Exceptional	Acceptable	Sound	2,779	25.7%	+0.643%Above	$1,180Fees

Purchase

Overall

Strong

Product

Exceptional

Pricing

Sound

Pull Through

Sound

Volume8,032

Mix74.3%

Spread

+0.216%Above

Fees

$2,239Fees

Refinance

Overall

Sound

Product

Exceptional

Pricing

Acceptable

Pull Through

Sound

Volume2,779

Mix25.7%

Spread

+0.643%Above

Fees

$1,180Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

10,811

Applications

18,791

Volume

$3 billion

Pricing & Closing

Avg Rate Spread

+0.333%

vs. market APOR

Avg Net Fees

$1,948

Origination − Credits

Pullthrough Rate

57.5%

Applications → Closed

Typical Borrower

Avg Loan Amount

$346,965

Avg Borrower Income

$173,958

Avg Property Value

$493,689

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Strong

4/5

States with Loan Originations

Northeast1

Midwest10

IAILINKSMIMNMONEOHWI

South15

ALARDCDEFLGAKYLAMSNCOKSCTNTXVA

West6

AZCACONMNVUT

Top Metro Areas by Place Specialization Score

1© Eric in SF · CC BY-SA 3.0

Birmingham, ALMetro

Volume 708Mix 6.55% of portfolio

100/100

Exceptional

2© Richardelainechambers at English Wikipedia · Public domain

Athens, GAMetro

Volume 120Mix 1.11% of portfolio

93/100

Exceptional

3© James Willamor · CC BY-SA 2.0

Mobile, ALMetro

Volume 121Mix 1.12% of portfolio

82/100

Exceptional

St. Louis, MO, MO-ILMetro

Volume 443Mix 4.10% of portfolio

81/100

Exceptional

Huntsville, ALMetro

Volume 194Mix 1.79% of portfolio

81/100

Exceptional

Nashville, TNMetro

Volume 392Mix 3.63% of portfolio

80/100

Exceptional

Gadsden, ALMetro

Volume 47Mix 0.43% of portfolio

80/100

Strong

Tampa, FLMetro

Volume 413Mix 3.82% of portfolio

79/100

Strong

Little Rock, ARMetro

Volume 168Mix 1.55% of portfolio

79/100

Strong

Montgomery, ALMetro

Volume 121Mix 1.12% of portfolio

79/100

Strong

Showing 10 of 49 metro areas

Top States by Place Specialization Score

AlabamaState

Volume 1,890Mix 17.48% of portfolio

97/100

Exceptional

TennesseeState

Volume 1,429Mix 13.22% of portfolio

88/100

Exceptional

MississippiState

Volume 667Mix 6.17% of portfolio

85/100

Exceptional

FloridaState

Volume 2,282Mix 21.11% of portfolio

83/100

Exceptional

GeorgiaState

Volume 1,121Mix 10.37% of portfolio

82/100

Exceptional

ArkansasState

Volume 529Mix 4.89% of portfolio

79/100

Strong

LouisianaState

Volume 415Mix 3.84% of portfolio

75/100

Strong

South CarolinaState

Volume 341Mix 3.15% of portfolio

74/100

Strong

MissouriState

Volume 406Mix 3.76% of portfolio

71/100

Strong

IndianaState

Volume 376Mix 3.48% of portfolio

70/100

Strong

Showing 10 of 18 states

How We Rank Lenders

Our rankings use an equal-weight average of scores across our core categories (Pricing, Product, Pull-Through, Place), with lender promptness blended in when a lender has responded to real shopper quote requests.

Our Point System (Max 30 Points)

10/ 30 pts

Pricing

Rate and fee competitiveness (33%)

10/ 30 pts

Pull Through

Reliability in closing loans (33%)

10/ 30 pts

Product

Specialization in the loan type (33%)

💎

Champion(80%+ = 24-30 points)

⭐

Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.

No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

HMDA 2024Built using publicly available originated loan data from the federal government.

Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.