Buy a home, sell a home. In that order.
Don’t miss out on your dream home while waiting to find a buyer for your current home. Banner Bank bridge loans offer temporary financing for your down payment on a new house, giving you time to sell your current residence and secure permanent financing.
With a Banner Bank home loan, you'll get:
Our bridge loan simplifies your next move.
- Use the equity in your current residence, which must be for sale to qualify.
- Borrow up to 80% of your current house value (less your current mortgage) as a down payment on your new home.
- Make interest-only payments for up to 12 months.
- Avoid liquidating other assets for a down payment.
- The bridge loan is available through your local Banner Bank branch.
Building or remodeling a home is an exciting project, yet it can be daunting. Here are some great ideas for getting started on building your dream home or remodeling your current home to make it perfect.