Regions offers several enhanced products for individuals who are self-employed, professionals such as doctors and attorneys, and loans for larger home purchases.
Terms: 10-30 years
and options available of 1, 3/1, 5/1, 7/1 and 10/1 ARMs
as well as a Jumbo Fixed Rate product.
Loan-to-Value: Loan-to-value
refers to the ratio of the mortgage loan's principal
to the property's appraised value or its sales price,
whichever is lower. For alternative loan programs, the
maximum LTV is 100%.
Loan Amount Limits: For
maximum amounts, contact your local
office.
Sample Enhanced Financing Payment Schedule
| Amortization Term: |
10 Years |
15 Years |
| Loan Amount: |
$80,000.00 |
$80,000.00 |
| Loan to Value %: |
80% |
80% |
| Interest Rate: |
6.000% |
4.000% |
| APR: |
6.201% |
4.206% |
| Payment: |
$888.17 |
$591.76 |
This is a sample payment schedule, provided in accordance with Regulation Z, Truth-In-Lending, section 226.24(c)(2)(ii)&(iii). Loan specific disclosures will be provided upon application.
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