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Last Updated: 04/18/2025

Banner Bank HELOC

from Banner Bank

Last Updated: 04/18/2025

Rating not yet determined1 total votes

1 users recommend

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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

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

Pros

Cons

Charges an origination fee.
Only considers applicants with good credit.
Charges prepayment fees.
No co-sign option available.
Only available in 4 states.

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

(509) 527-3636

Visit Site

Email Support

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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SuperMoney Net Recommendation Score

Not enough SuperMoney users have reviewed this product to provide a recommendation score or rating.

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The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

Banner Bank HELOC Community Reviews

Would you recommend Banner Bank HELOC to your friends?

Lillith O.

Feb 24, 2021

May or may not recommend

I would definitely recommend them to anyone looking for Home Equity Lines of Credit. You have great customer service. There is a fixed lock rate. You only need a minimum credit score of 750, or in some cases lower, but for a higher interest rate. Just give them a call and I promise you will not regret it. You also get a 0.25% interest rate discount if you have a ...Show More

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