Review and analysis of over 7 Home Equity Loan Or Line Of Credit complaints against Regions Financial Corporation
Regions Financial Corporation consumers have reported over 7 official complaints related to Home equity loan or line of credit. Out of the 7 consumer complaints against Regions Financial Corporation, 0% were disputed by the consumer (i.e. the consumer was not happy with how Regions Financial Corporation responded to their complaint) and 100% were processed in a timely manner. 14% of consumer complaints against Regions Financial Corporation resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 29% resulted in non-monetary compensation.
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Regions Financial Corporation Mortgage settlement process and costs March 8, 2017 - We obtained an equity line from Regions Bank in -, 2016. We were n't given the loan documents prior to signing them and still have not been provided with executed copies. We were told on more than - occasion by the loan officer prior to signing the loan documents that we would not have to pay a $1500.00 prepayment penalty if we closed the equity line within two years, if the reason for closing the equity line was due to the sale of our home. We recently sold our home. When we ordered the payoff, Regions included the $1500.00 prepayment penalty in the payoff. We then spoke to the loan... |
Regions Financial Corporation Mortgage settlement process and costs December 2, 2016 - As of - 2016, My wife and I have reached a payoff settlement on a 2nd mortgage / home equity line of credit with Regions Bank. The funds were received by the lender and the lien plus judgement were removed. The lender has not however removed the negative items listed on my credit reports which has a very negative impact on all other aspects of my financial affairs and since this was paid as agreed, I should not continue to suffer as a result of what was predatory lending practices.... |
Regions Financial Corporation Mortgage settlement process and costs August 11, 2016 - I recently applied to increase my credit line for my home equity loan with Regions Bank. I called and talked to - - - - at Regions. She quoted me a rate of 2.99 % for the 1st year due to relationship rewards and a 3.5 % rate after the first year but on a variable rate. This was much better than my current 5 % so I asked her to start the process. I wanted to increase my credit line to build a covered deck. Once the appraisal and the paperwork were ready I went in to sign the papers. I saw the 6.75 % on the papers but - - assured me that the rate was just calculated differently... |
Regions Financial Corporation Mortgage settlement process and costs August 9, 2016 - This complaint is related to Case No. -. My parents, - - - - and - - -, & my deceased grandmother, - - -, have had loans with Regions Bank & its related predecessors since -/-/-. Every time they were near paying off a loan, they were told they had to " refinance. '' Regions refuses to give me any copies of loans before the recent line of credit in -/-/-. As I discovered Region 's abuse of overdraft fees, I have found my efforts to find out how and why this installment loan was taken in -/-/- have been thwarted by upper-management as Regions ' law... |
Regions Financial Corporation Mortgage credit decision / underwriting July 27, 2016 - Regions Bank turned down my - - - - mother 's equity line request for $40000.00 to help take care of long-term care expenses. They claimed she did n't have enough credit history. This is absurd considering she bought her home in - and made payments on it every month until is was paid off in -. Since then, she has had multiple credit cards and lines of credit that have all been paid in full. What 's more she has bought multiple cars using credit over the years. In addition, she has a current - - - credit card with a $6800.00 balance that she pays monthly. As an as... |
Regions Financial Corporation Mortgage application, originator, mortgage broker May 30, 2016 - Early in - applied for a regions bank home equity loan. Loan office was very inefficient and delayed the process stating that bank underwriters where not very responsive. The officer quit employment and moved to Indiana I was then introduced to new Bank officer - -. She said individual left and best to start whole process over, allowing her credit for transaction. I inquired if anything different and she said no. Process was completed and I was told there was a penalty for early termination except for sale of property. I sold property - - and title company send pay off figures w... |
Regions Financial Corporation Mortgage loan servicing, payments, escrow account April 20, 2016 - My name is - -, contact number - ( M ) or - ( O ). I get an equity loan from Regions bank with an amount of $110000.00, funded on -/-/2016 ,@4.25 % rate for 15 years, monthly payment sets at $850.00. I determined to pay off in 5 years and signed agreement to pay $2000.00 each month, effective in -/-/- ( deduct is expected to be effective on -/-/2016 ). I opened checking account and funded with direct deposit to cover monthly auto deduct for paying my monthly dues. Payment kicks in from -/-/- 2016, so I made extra payment of amount of $1200.00 ( plus ... |