Unlock Minnesota HELOC Rates From Your Local Credit Union.

Your home is more than a place—it’s the heart of your family. And we want to help you take advantage of all the equity it holds.

Home Equity Lines of Credit, or HELOCs, are revolving credit lines that are similar to credit cards, but instead secured by the equity in your home. They are a convenient way to take money out in smaller chunks to pay for house projects, vacations, college tuition, emergencies, or to consolidate high interest debt into low monthly payments. You can take out the funds you need now and only repay on the amount borrowed.

Right now, we're offering a 12-month, 3.99% APR* introductory rate to help make 2026 the year you get the keys to your future.

Let HomeTown help you leverage the value of your home today.

Our HELOCs include:

• Borrowing up to 90%** of your home’s value
• Terms up to 120 months
• No or low closing costs
• Interest only accrues on what you borrow
• Easy access using online banking, debit card, or at any branch
• Could be tax deductible (consult with a tax professional)

What Can You Use a HELOC For?

• Debt consolidation
• Home Repairs
• Home Remodels
• Large Expenses
• Emergencies
• And more!

Our HELOC Loans Serve All of Southern Minnesota

If you live, work, attend school, volunteer, or worship in one of our 26 counties, you're eligable.

Blue Earth, Brown, Cottonwood, Dodge, Faribault, Fillmore, Freeborn, Goodhue, Houston, Jackson, Le Sueur, Martin, McLeod, Mower, Nicollet, Olmsted, Redwood, Renville, Rice*, Scott, Sibley, Steele*, Wabasha, Waseca, Watonwan, and Winona counties

Apply now and check out all our current rates at the links below.

Apply for a HELOC   Check HELOC Rates

**Eligible loan-to-value limits for Home Equity Lines of Credit subject to approval. During the draw period you will make monthly payments on a pre-determined recurring date equal to 1.00% of your outstanding balance as of the last day of the billing cycle. Your payment will be rounded to the nearest whole dollar amount. Your payment may increase to include any amounts past due and any amount by which you have exceeded your credit limit, and all other charges. Your payment will always be at least a minimum of $100. Your Home Equity Line of Credit will follow the terms outlined in the Home Equity Line of Credit Note and Disclosure.

*Home Equity Line of Credit (HELOC) promotional rates are available for new HELOCs only, subject to credit approval. For borrowers with a Loan-to-Value (LTV) ratio at or below 80%, the promotional rate will be 3.99% APR for the first twelve months from the original loan date. For borrowers with an LTV between 80.001% and 90%, the promotional rate will be 4.99% APR for the first 12 months. After the promotional period, the APR will be variable from 4.00% to 18.00%, subject to quarterly change based on the Wall Street Journal Prime Rate (WSJP) plus a margin, and determined by creditworthiness, Loan-to-Value (LTV), and lien position at origination. As of December 11, 2025, the WSJP index rate was 6.75%. No annual fee. Closing costs may apply and typically range from $100 to $1,000 depending on property location, lien position, and loan amount. APR = Annual Percentage Rate. Rates, terms, and conditions are subject to change without notice. Property insurance is required, and flood insurance may be required. Limited time offer. Federally insured by NCUA. Equal Housing Opportunity.

 

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Equal Housing Opportunity. NMLS #421680 

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