Homeowners able to pay off their mortgage within the next eight years can benefit from Summit's Express Home Refinance Program. You'll pay off your home loan faster-meaning you'll pay less interest over the life of your loan. That means a little more peace of mind. A little more freedom.
Features and Benefits
Interest savings - pay down your mortgage quicker and pay less interest
8-year term and a low fixed rate
Low refinance fees (as low as $75.00)
Express application process — refinance in only 14 days
Express Home Refinance Rates (Rates effective 9/1)
Type and Term
Rate
Annual Percentage Rate
8 year fixed
4.750%
4.750%
First lien position only. Rates are subject to change without notice. APR is based on the rate listed above, $100,000 loan amount, closing costs of $75, term of 96 months and monthly payments of $1,254.68. Monthly payment is $12.56 per $1,000 borrowed. Minimum loan amount is $5,000, maximum is $249,999. Closing costs range from $75 to $175, unless an appraisal is required. Appraisal fee is generally $325. Property insurance is required.
Summit is here to help you make the most educated decision regarding your mortgage refinance We'll be happy to discuss mortgage refinance options with you, and answer any questions. Contact us today.