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Will interest on my Home Equity Loan or Line be tax deductible      

According to the current tax laws, interest up to $100,000 of debt, secured by the equity in either your principal residence or second home, is fully deductible. However, there are exceptions to every rule. So, check with your tax advisor.

 
Where do I close my loan      

At a Regions branch convenient to you.

 
When do I get my funds      

Once you close your loan, federal regulations require that we wait three business days before the loan or line of credit proceeds are available to you. During those three days, you have the right to cancel the transaction.

 
Can I have a fixed or variable rate on my Home Equity Line of Credit      

Yes! In addition to our standard variable rate, you can chose our "Loan in a Line" option. The "Loan in a Line" allows you to lock in all (up to your credit limit) or a portion of your Home Equity Line of Credit balances at a fixed rate. This allows you the security of having a fixed rate, a fixed payment and a fixed term. The best part about this feature is that as you pay down your Loan in a Line fixed rate balance, your variable rate line of credit becomes available for future use. Subject to a set up fee and other restrictions.

 
In which states does my Autoloan.com do business      

myAutoloan.com currently accepts auto loan applications in the following states:

 
How much will my auto payments be      

How much will my auto payments be? Our auto payment calculator will allow you to see how changes in rate, amount borrowed, and term can reduce your loan payments.

 
What is a Home Equity Loan      

You can estimate the available equity in your home by accessing our Loan to Value Calculator.

 
What is a Home Equity Line of Credit      

1st Mariner lines of credit have a variable rate of interest that may fluctuate no more than once a month based upon the prime rate index set by the Wall Street Journal. You can estimate the available equity in your home by accessing our Loan to Value Calculator.

 
How long do I have to pay back my Home Equity Loan      

It depends on different conditions. The repayment period on a Home Equity Loan ranges from 60 months to 180 months depending upon the amount borrowed.

 
How long can I access the funds associated with my Home Equity      

After the draw period there is a repayment period of 100 months where interest and 1% of principal balance are due each month until the loan is paid in full.

 
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