Regions Bank mortgage approval rate & lending review
Regions Bank decided 99,455 mortgage applications and funded 52,831 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Regions Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Regions Bank at a glance
Approval is 12.0 points below the 72.3% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 83% | 20,504 / 24,567 | 90% | $305K | 18,395 |
| Home improvement loans | 47% | 21,639 / 46,401 | 86% | $55K | 18,710 |
| Cash-out refinance | 61% | 2,439 / 3,985 | 90% | $215K | 2,200 |
| Refinance | 65% | 13,106 / 20,254 | 88% | $95K | 11,497 |
| Investment property purchase | 83% | 1,744 / 2,104 | 89% | $305K | 1,544 |
| Investment cash-out refinance | 56% | 203 / 362 | 85% | $225K | 173 |
| Investment refinance | 38% | 148 / 390 | 91% | $195K | 134 |
| Investment home improvement | 16% | 226 / 1,392 | 79% | $75K | 178 |
Regions Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Florida | 58% | $105K | 28,071 | 14,244 |
| Alabama | 63% | $95K | 18,321 | 10,217 |
| Tennessee | 62% | $105K | 14,590 | 8,078 |
| Georgia | 61% | $105K | 8,778 | 4,631 |
| Texas | 51% | $365K | 5,195 | 2,297 |
| Louisiana | 54% | $65K | 4,639 | 2,205 |
| Mississippi | 54% | $75K | 4,103 | 1,948 |
| Illinois | 62% | $85K | 3,265 | 1,823 |
| Arkansas | 63% | $165K | 3,143 | 1,780 |
| Indiana | 64% | $85K | 2,559 | 1,457 |
| South Carolina | 69% | $325K | 2,212 | 1,338 |
| Missouri | 66% | $105K | 2,040 | 1,213 |
| North Carolina | 74% | $505K | 1,737 | 1,095 |
| Iowa | 55% | $55K | 179 | 87 |
| Kentucky | 63% | $305K | 174 | 92 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Regions Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Jefferson County, AL | Mortgage lenders | 88% | 1,366 | 1,069 |
| Jefferson County, AL | Home improvement loans | 45% | 2,669 | 1,040 |
| Jefferson County, AL | Refinance | 65% | 1,276 | 721 |
| Hillsborough County, FL | Mortgage lenders | 88% | 848 | 681 |
| Shelby County, AL | Home improvement loans | 60% | 1,180 | 638 |
| Pinellas County, FL | Home improvement loans | 51% | 1,388 | 613 |
| Miami-Dade County, FL | Home improvement loans | 40% | 1,785 | 574 |
| Davidson County, TN | Home improvement loans | 51% | 1,203 | 536 |
| Shelby County, TN | Home improvement loans | 36% | 1,717 | 517 |
| Miami-Dade County, FL | Mortgage lenders | 74% | 772 | 504 |
| Davidson County, TN | Refinance | 70% | 790 | 499 |
| Hillsborough County, FL | Home improvement loans | 47% | 1,168 | 464 |
The county markets where Regions Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Regions Bank
What is Regions Bank's mortgage approval rate?
Regions Bank approved 60.3% of the 99,455 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 12.0 points below the 72.3% national rate for the same mix of loan types.
How often do borrowers take the loan Regions Bank offers?
Borrowers accepted 88% of the loans Regions Bank approved, against 93% for all home improvement loan lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Regions Bank make?
The typical home improvement loan loan Regions Bank made was $55K; across all loan types its typical loan ran from $55K to $305K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Regions Bank lend?
Regions Bank decided applications in 41 of the states Fat Boy Data covers, most of them in Florida, Alabama and Tennessee.
Can I apply to Regions Bank directly?
Yes. Regions Bank is a bank or credit union with 1,254 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Regions Bank's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Regions Bank treats applications, then get a rate quote from the lender.