Home Equity Line of Credit Special Offer | Fixed rates as low as 6.99% APR*
Bills to pay or plans to pursue?
With a Home Equity Line of Credit, you can use the equity in your home to finance all sorts of plans and ideas.
Benefits of a Home Equity Line of Credit:
Achieve your goals with a HELOC
A HELOC can help in so many ways. Some of the common reasons homeowners take out a HELOC are:
- Home improvements big and small
- Education costs
- Travel or vacation
- Consolidating debt or paying off bills
- Unexpected expenses
Available at a special rate with our Banner's Best Checking Account
- Earn more interest with higher balances
- Earn 0.25% over posted rates on new and renewed Certificates of Deposit
- We reimburse the fees for any ATM you use in the U.S.
- Online and mobile banking, bill pay, digital wallet and more
To learn more and apply for a HELOC:
Visit a branch or 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.
Four Steps to Improve Your Credit Score
When considering a new financing option, it's important that your credit score is in tip-top shape. That's why knowing your score is an important first step. In this blog, we share four steps you can take to improve your credit score.
APR (Annual Percentage Rate) is fixed for the first 12 months, followed by a floating rate of WSJ Prime plus 0.99% with a floor rate at 6.74%. Rate as low as 6.99% APR includes discounts of 0.25% with auto-pay and 0.25% for having a Banner’s Best checking account. The maximum APR is 18.00%. Floor rate and margin may vary based on credit score. All HELOCs have a 10-year draw period and a 15-year repayment term for a total term of 25 years. $200 documentation fee. Annual fee of $125 is waived the first year. Maximum Loan-to-Value is 80%. Proof of insurance is required. Excludes existing Banner Bank HELOC clients and non-owner occupied transactions. Residential appraisals only, no commercial appraisals. Subject to credit approval. Available for applications submitted between March 20, 2023 and May 19, 2023.