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Regions Mortgage, Inc.




A Mortgage is a document that contains the details of an agreement between two parties. One of which is a borrower and the other party is a lender. The Agreement will include information like, Loan amount, Time period of the loan, Interest and the collateral on the loan which is normally the property being bought. A mortgage broker is generally a person or company whose expertise lies in the field of mortgage laws, properties available for sale, and loan procedures. They provide these services to clients for a fee which is usually a percentage of the loan or property amount.

The firm has been serving customers with strength and stability for more than 135 years. A new regional force in banking and financial services created by the merger of Regions Financial Corp. and the former Union Planters Corp., the firm works to help customers and communities realize their dreams by anticipating, understanding and meeting financial needs through effective solutions. With the combination of three well-respected banks, the holding company began operations with a total of $543 million in assets and 40 banking locations in Birmingham, Huntsville and Montgomery.

The firm was renamed Regions Financial Corp. in 1994 to better reflect its growing presence throughout the South. Its merger with Memphis, Tenn.-based Union Planters Corp. took place in July 2004, creating a new regional force in financial services that shares a rich history of customer and community commitment, as well as the strength and stability of one of the top 15 banks in the nation. Their sister banking subsidiaries, Regions Bank and Union Planters Bank, use the resources of their parent company to ensure that both business and retail customers can avail themselves of a full range of financial products and services in the areas of trust, asset management, mortgage banking, securities brokerage and insurance, in addition to traditional banking products and services

Their Commercial banking have expanded to mean not only increased lending capacity and a responsive credit approval process, but enhanced treasury management and international products, as well. They offer their commercial banking customers a full range of capital markets and investment banking products and services, as well as permanent loan placements, public finance, corporate finance and merger and acquisition products and services, and risk management products such as interest rate derivatives.

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