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 Home Equity Loan & Line of Credit Offers
- Closing costs waived for amounts up to $400,000 including valuations.*
- $200 HELOC documentation OR $250 Home Equity Loan fee waived
With a Banner Bank loan, you'll get:
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.
*
Annual HELOC fee of $125 applied on the first anniversary and each year after. Maximum Loan-to-Value is 80%. Proof of insurance is required. Excludes existing Banner Bank HELOCs, Home Equity Loans and Bridge Loans. Residential appraisals only. Appraisals paid by client. Subject to credit approval. Available for applications submitted between October 2, 2023 and December 8, 2023.
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Subject to credit approval and limited to residents of Washington, Oregon, Idaho or California, or current Banner Bank deposit clients. View a list of Banner Bank's Mortgage Loan Originators National Mortgage Licensing System ID numbers.
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