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Home Equity Lines of Credit
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Last Updated: 04/18/2025

Banner Bank HELOC

in Home Equity Lines of Credit from Banner Bank

Last Updated: 04/18/2025

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Highlights

Credit Score Range

750 - 850

Amount Range

$10,000 - $500,000

Maximum LTV

80%

Minimum Draw

N/A

Loan Term (Years)

2 - 10

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Banner Bank HELOC Review

Banner Bank HELOC is offered by Banner Bank (NMLS #439266), a bank founded in 1890 and based in Walla Walla, WA. Banner Bank HELOC are available in 4 states.

Key Takeaways

  • Very good credit required. You'll need a credit score of at least 750 to qualify.
  • Only primary residences considered. Banner Bank HELOC does not offer financing for vacation homes or investment properties.
  • Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.
  • Maximum LTV. Banner Bank HELOC has a maximum loan to value ratio of 80%.

Banner Bank HELOC Pros & Cons

Banner Bank HELOC FAQ

What are the terms for Banner Bank HELOC?

HELOCs include a draw period followed by a repayment period. During the draw period, borrowers can access funds as needed up to the credit limit.
Banner Bank HELOC offers home equity loans with terms ranging from 2 to 10 years.

Is there a minimum draw requirement?

No, there is no minimum draw requirement.

What fees does Banner Bank HELOC charge for a HELOC?

Banner Bank HELOC may charge an origination fee.

What types of property can you use as security for a HELOC with Banner Bank HELOC?

Banner Bank may consider HELOCs secured by the following property types:
  • Primary residences

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Message from Banner Bank HELOC

Use the equity in your home to finance all sorts of ideas, like landscaping your lawn or putting a pizza oven on your patio. 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.

Contact

Headquarters

10 S 1st Avenue
Walla Walla, WA 99362
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Hours of Operation

Sunday
Closed
Monday
9:00AM - 5:00PM
Tuesday
9:00AM - 5:00PM
Wednesday
9:00AM - 5:00PM
Thursday
9:00AM - 5:00PM
Friday
9:00AM - 5:00PM
Saturday
Closed

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