Home Equity Loans

A Home Equity Loan from Novation offers low rates, low closing costs* and a variety of financing options to put your home to work for you and your family. Best of all, the interest you pay may be tax deductible**.

Depending on your needs, we offer two types of products:

Home Equity Loan

This is a fixed rate product where all funds are distributed up front. Your household budgeting is made easier since your monthly payment never changes.

Home Equity Line of Credit

Flexibility is the key as you can access your funds anytime. Because this is a variable rate product, your monthly payment may change depending on the current rate and how much of your line you have accessed.

Whether you’re looking to do a home renovation, take a vacation, make a major purchase or fund your child’s education, look to Novation.

To Apply for a Loan 24x7:
  • Call : (800) 369-6628
  • Click : Apply Now
  • Visit : 3M Center, Oakdale or Hutchinson

* An appraisal may be required if one is needed.
**Consult your tax advisor for deductibility options.


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