It’s time to renovate your Home!

3.99% loan offer exclusively for Innovation members.

Apply in minutes.

See our loan calculator to discover your
potential monthly payment

Your estimated monthly payment:

Is a Home Renovation Loan Right For Me?

Renovations are more affordable than ever with Innovation Credit Union's best low interest home renovation loans. Our loans have fixed payments you can plan for. Save more by earning the Saskatchewan Home Renovation Tax credit for up to $2,100 in provincial income tax savings.

Our low interest home renovation loans will help you finance home renovations, give you tax benefits, and the added advantage to make additional payments towards your loan balance, with no fees or penalties. (For more details: Saskatchewan Home Renovation Tax Credit | Tax Credits | Government of Saskatchewan)

Benefits & Features

Save Money

This exclusive low interest rate will save you money while you renovate

Easy, Fast and Convenient

Our advisors will work with you to offer a quick pre-approval, with minimal paperwork. The loan is disbursed quickly so you can access your funds and start renovating!

Credit Value

Borrow an amount as low as $10,000 to get your home renovation started.

Flexible Repayment

Pay down your loan quickly with the ability to make additional payments without any fees or penalties.

Get Advice You Can Count On

Unsure about a home improvement loan? Already have an existing mortgage? Get personalized advice on all questions and problems to help you reach your goals.

How To Apply For This Exclusive Offer

Get the cash you want today!

Complete your online application in minutes. Apply once for ongoing access to cash when you need it.

Connect with us

Submit your loan application and our advisors will contact you shortly. You can also talk to our advisors at 1-866-446-7001

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To access this exclusive rate offer, your loan application must be made by November 15, 2021.

This exclusive offer is an invitation to apply for a consumer fixed rate term loan. The length of
the loan can be up to 7 years.

There is a minimum loan value of $10,000. There is no maximum value or cap set on this loan

A down payment may not be required. Applicants are encouraged to discuss the benefits of a
down payment with their Advisor.

Yes. An application fee of $100 will be applied.

Yes. You may increase your payment frequency, amount, or pay a lump sum payment at any
time without penalty.

No. This is a consumer offer only. Business members are encouraged to speak with their advisor
for alternate lending options.

All members are encouraged to insure their loan and protect themselves from unanticipated
injury, illness, and life changes. Available loan insurance options include Life, Disability, and
Critical Illness. For more information about the benefits of CUMIS loan insurance(s), please
speak with your advisor.

Offer Terms & Conditions

  • You have been invited to apply for a personal loan of a minimum of $10,000 by Innovation Credit Union (“Innovation”) with a term of up to 7 years and a fixed interest rate of 3.99% (the “Offer”).
  • Offer expires on November 15, 2021.
  • Offer is not transferrable and only redeemable by the individual whose name is stated in the offer.
  • Proof of identification must be provided to act on this Offer.
  • Offer is subject to credit approval by Innovation and is not guaranteed if you do not meet Innovation’s credit approval criteria. Additional terms, conditions, fees, charges and credit approval criteria may apply and are available upon application and may change without notice.
  • Offer may not be used to payout and/or refinance existing Innovation loans.
  • Interest rates are subject to change at the sole discretion of Innovation. To ensure you qualify for the Offer rate, please take advantage of this Offer before the expiry date.
  • Prepayment on the Offer loan is permitted at any time without penalty.
  • Offer recipients are encouraged to opt in for CUMIS Life and Disability insurance. For more information about CUMIS insurance, please talk to your Innovation advisor or call our digital advice center at 1-866-446-7001
  • Terms and conditions as presented in this section are valid until Offer expiry date.