Government Loans
FHA, VA and USDA Rural Development Loans
If you are looking for a government home loan, Banner Bank has you covered with our wide range of loan options.
With a Banner Bank home loan, you'll get:
Federal Housing Administration (FHA) Loans:
- Borrow up to 96.5% of the home's value
- Cash out up to 85% when you refinance your home
- May use assistance program or gift funds for down payment
- Choose fixed or adjustable rates
- Mortgage insurance may be required
Veterans Administration (VA) Loans:
- Borrow up to 100% of the home's value
- Enjoy competitive interest rates
- Purchase or refinance your home
- Utilize our cash-out refinance option to renovate your home, pay off debt and more
- Finance your primary residence - condominiums and manufactured home included
- Access additional benefits if you have a service-related disability
- Learn more
U.S. Department of Agriculture (USDA) Rural Loans:
- Borrow up to 100% of the home's value
- Lock in a fixed rate
- Mortgage insurance may be required
Should I refinance my mortgage?
Making the decision to refinance your mortgage can be tough when you look at all the factors. Your current interest rate, the new potential interest rate and even closing costs can affect how long it will take to break even. Our calculator can help you see costs and rates to help you decide.
Tips for buying a home
In this blog, we share four considerations for first-time—and repeat—home buyers should take before starting the home buying journey.
Use this calculator
How much home can I afford?
Looking to buy a home? It's good to know what you can afford before you start shopping. Use this calculator to see how much your monthly mortgage payments will be.