CURRENT PROMOTION

Turn Your Home’s Equity into Opportunity with $500 Off Closing Costs

If you’ve built equity in your home, now may be the perfect time to put it to work and save on the upfront costs of borrowing. Whether you’re planning a home improvement project, helping pay for college tuition, consolidating debt, or covering unexpected expenses, a Home Equity Loan can provide the funds you need. For a limited time, Novation is making it even more affordable with $500 off closing costs¹ on qualifying Home Equity Loans.

*APR = Annual Percentage Rate. Rates listed are “as low as” and based upon credit history. Home Equity Line of Credit is a variable rate product but will not exceed 18% APR. A payment example on a 5 year term, $20,000 home equity fixed rate loan at 5.49% APR is $381.93 per month.

Rates effective July 1, 2026. Please note that our Home Equity Loan solutions (Fixed Rate and Line of Credit) are only available for properties in the following states: Minnesota, Wisconsin and South Dakota.

** Please consult with a tax accountant for applicability under current tax laws.

¹ $500 off closing costs promotion is effective 9/1/2026. This special discount does not apply to the appraisal fee if a real estate appraisal is required. Must be member’s primary residence located in MN, WI, or SD. All loans subject to credit approval. Loan minimum borrowed must be $50,000 and close within 30 days of application. Offer does not apply to refinancing an existing Novation Home Equity or HELOC loan. Membership with Novation Credit Union is required. Offer is subject to change at anytime. Consult your tax advisor for deductibility options.