Home Equity Lines of Credit & Loans
Bills to pay or plans to pursue?
With a Home Equity Loan or Home Equity Line of Credit, you can use the equity in your home to finance all sorts of plans and ideas.
Limited time offer - Special HELOC rates
Any time is a great time to make home improvements, but for a limited time, your options are even better with a special rate as low as 6.49% APR*. Available for Home Equity Line of Credit applications submitted between April 7, 2025 and June 13, 2025.
Home Equity Loan
Secure an installment loan for your one- to four-unit family residential property, whether or not you are an owner occupant». It can help you so many ways, beyond just housing needs:
- Home improvement tasks
- Debt consolidation
- College tuition
- Interest may be tax deductible. Consult a tax adviser to find out.
Home Equity Line of Credit
Use the equity in your home to finance all sorts of ideas». You can even use it to consolidate debt or pay off bills. Flexible options make it easy for you to use the credit in the ways you need it most:
- Funds can be advanced through a Banner Bank Home Equity Rewards Mastercard®, online transfer or by a telephone request.
- You can fix the rate for either two, five or 10 years, providing protection from increases in interest rates.
- Interest may be tax deductible for this loan. We always encourage you to verify with your tax adviser.
Care to chat? Call us to apply by phone.
Monday-Friday 8:00 am - 5:00 pm (Pacific Time)
What is a HELOC and How Can You Use One?
A home equity line of credit, otherwise known as a HELOC, allows you to use the equity in your home to finance a variety of sizeable expenses. In this blog, you'll learn about HELOCs and get tips on how you can use one.
How quickly can I pay off debt?
Consolidating your debt is only half of the battle. You still need a plan to get your debt paid in full. This calculator can show you how to accelerate your debt payoff.
Home Renovation Financing Options
One of the first big decisions when starting a home improvement project is planning how to pay for it. See what options we offer to fund your next home project.
*
APR (Annual Percentage Rate) as low as 6.49% fixed for first 12 months requires a minimum FICO score of 780 or greater, not all applicants will qualify. Rate includes a 0.25% discount with autopay AND 0.25% for Banner’s Best checking account. Followed by a floating rate of WSJ Prime plus 0.74% with a floor rate at 5.99% APR. $200 documentation fee, waived. Annual fee of $125 applied on first anniversary and each year after. Maximum Loan to Value is 80%. Excludes, existing Banner Bank HELOCs, Home Equity Loans, Bridge Loans and non-owner-occupied transactions. Residential appraisals only, no commercial appraisals and proof of insurance is required. Subject to credit approval. Not all applicants will qualify. Minimum FICO of 650 required for program. Available for applications submitted between April 7, 2025 and June 13, 2025.
»
Subject to credit approval and at least one of the HELOC applicants and the collateral must be in Washington, Oregon, Idaho or California. View a list of Banner Bank's Mortgage Loan Originators National Mortgage Licensing System ID numbers.
View complete HELOC Product Guide
IMPORTANT: Internet email is not secure. Unlike Online Banking, it does not use SSL encryption so please do not send sensitive information such as your social security number or account number. Emails containing sensitive account information MAY be sent through our Secure Message Center while logged into Banner Bank Online Banking. Please include in your email the name of your bank branch so we may process your request as quickly as possible.