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Home Equity Line of Credit


Happiness starts at home

With a Novation Home Equity Line of Credit, we want to help you achieve the things that will make you happy. Whether you are looking for home improvements, debt consolidation, dream vacation, college tuition or more, you can use the equity in your home to get the funds needed for whatever you choose. The best part of a HELOC is the flexibility of accessing your funds when you need it. 

Open a HELOC today and get a locked rate of 2.99% APR* for 18 months. 

If you have any questions, please call us at (800) 369-6628.

Apply today


*APR = Annual Percentage Rate. Promotional rate of 2.99% APR is effective 5/9/2022 through 7/7/2022. Rates, terms, and conditions are subject to change and may vary based on creditworthiness, qualifications, and collateral conditions. All loans subject to approval, not all applicants will qualify. The 18-month introductory period begins on the loan closing date. After 18 months, the calculated interest rate will return to the index and margin agreed upon and referenced on the original Open End Home Equity Credit Agreement and Addendum. A HELOC is a variable rate product but will not exceed 18% APR. Maximum loan-to-value (LTV) = 90%, loans over 80% LTV will require an appraisal. Must be member’s primary residence located in MN, WI or SD. Consult your tax advisor for deductibility options. Rate does not apply to refinancing an existing Novation Home Equity or HELOC Loan.