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Novation Credit Union offers a variety of loan programs to meet your needs. Novation's Hands On Mortgage has all the advantages you've come to expect from your credit union including your own mortgage expert, extended rate lock and guarantee, and up-front and in-touch service.  
 
30 Year Fixed Conventional Mortgage
20 Year Fixed Conventional Mortgage
15 Year Fixed Conventional Mortgage
10 Year Fixed Conventional Mortgage
10/1 ARM
7/1 ARM
5/1 ARM
Jumbo Mortgage

Rates last updated on Friday, February 03, 2023

30 Year Fixed Conventional Mortgage
Term: 30 years   Maximum Amount: $726,200
RatesAPRPoints
6%6.063%0%
 
Rates as shown are for transactions on a primary residence.

20 Year Fixed Conventional Mortgage
Term: 20 years   Maximum Amount: $726,200
RatesAPRPoints
5.625%5.707%0%
 
Rates as shown are for transactions on a primary residence.

15 Year Fixed Conventional Mortgage
Term: 15 years   Maximum Amount: $726,200
RatesAPRPoints
5.25%5.352%0%
 
Rates as shown are for transactions on a primary residence.

10 Year Fixed Conventional Mortgage
Term: 10 years   Maximum Amount: $726,200
RatesAPRPoints
5.25%5.396%0%
 
Rates as shown are for transactions on a primary residence.

10/1 ARM
Term: 30 years   Maximum Amount: $726,200
 
Please contact a mortgage representative for details.

7/1 ARM
Term: 30 years   Maximum Amount: $726,200
 
Please contact a mortgage representative for details.

5/1 ARM
Term: 30 years   Maximum Amount: $726,200
 
Please contact a mortgage representative for details.

Jumbo Mortgage
 
Please contact a mortgage representative for details.


 Rates for mortgages change daily and are subject to change without notice. This is not a credit decision or a commitment to lend. Not all loan programs are available in all states for all loan amounts. The rates shown above are for the purchase of a single-family home to be used as a primary residence with a loan amount of $225,000 located in Minnesota and loan-to-value of 80%. The rate is based on a 45-day rate lock with a 740 credit score and escrow account. Your interest rate may depend on various factors including: loan product, loan size, credit profile, property value, geographic location, occupancy and other factors. All loans subject to approval and must qualify for membership. Maximum finance amount is $726,200.