Summit Credit Union Loan Application

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Thank you for choosing Summit Credit Union! Applying online takes only a few minutes. Just answer the questions below and we'll begin your online application.

When you get a loan from Summit, you're becoming a part of something bigger. Your membership helps your friends and neighbors buy homes, start businesses, and pay for college. In turn, members help you achieve your dreams. Together, we're taking care of one another.

Start here. Answer the question below to get started on your loan application!


 

 
 
Applying online will take about 5-15 minutes to complete. Click here to continue with application.

Apply Now

To be eligible for a loan through Summit Credit Union, you must meet one of the following criteria:

  • You're a Wisconsin resident
  • You're employed by an eligible employer
  • You've been a Summit member for at least 12 months.

Because you're not an existing Summit member or currently living in Wisconsin, we're not able to process your loan application online. To apply, please call us at (608) 243-5000 or (800) 236-5560.

Hours:
9:00 am–5:00 pm, Monday–Friday
8:30 am–12:00 pm, Saturday
(Central Time)

Thank you for your interest in Summit Credit Union!

  
This option is best if you want to pay off your home in the next 8-12 years, and would like to shorten the term of your loan.
  
This option is best if you'd like to lower monthly payments on your existing mortgage.

 
 
Thank you for being a member! To apply online, sign into Online Branch and click on the Loan Application tab within the top menu bar of Online Branch. Applying online will take about 5-10 minutes. To make it faster for you, we’ll already have some of your information filled in when you sign in!

Applying online will take about 5-15 minutes to complete. Click here to continue with application.

Apply Now

To be eligible for a loan through Summit Credit Union, you must meet one of the following criteria:

  • You're a Wisconsin resident
  • You're employed by an eligible employer
  • You've been a Summit member for at least 12 months.

Because you're not an existing Summit member or currently living in Wisconsin, we're not able to process your loan application online. To apply, please call us at (608) 243-5000 or (800) 236-5560.

Loan Rates & Disclosures

Find important loan rate and disclosure information here. Please review your loan options before applying.

Scroll to see all rates and disclosures or jump to the section you want.
Auto/Cycle | Boat/RV | VISA Card | Energy Efficiency | Older Adult Home Improvement Program | Express Home Refi | Home Equity | Mobile Home | Personal


Auto & Motorcycle Loans — 2014 to 2015

Term (up to) APR (as low as)1 Monthly Payment2 Alert Me
24 months 2.29% $42.71
36 months 2.29% $28.80
48 months 2.29% $21.85
60 months 2.79% $17.88
72 months 2.99% $15.19
84 months 3.69% $13.53
  • 1*APR is Annual Percentage Rate. All rates include a 0.25% reduction for electronic payments and Summit checking account. APR may increase after loan closing if electronic payments or checking account are discontinued. 0.25% additional discount for hybrid vehicles. Your rate may vary based on your creditworthiness and repayment option.
  • 2Monthly payment is based on payment per $1,000 for term and rate shown above. Minimum loan amount may apply.
 

Auto & Motorcycle Loans — 2012 to 2013

Term (up to) APR (as low as)1 Monthly Payment2 Alert Me
24 months 2.29% $42.71
36 months 2.49% $28.89
48 months 2.69% $22.03
60 months 2.99% $17.99
72 months 3.54% $15.46
  • 1*APR is Annual Percentage Rate. All rates include a 0.25% reduction for electronic payments and Summit checking account. APR may increase after loan closing if electronic payments or checking account are discontinued. 0.25% additional discount for hybrid vehicles. Your rate may vary based on your creditworthiness and repayment option.
  • 2Monthly payment is based on payment per $1,000 for term and rate shown above. Minimum loan amount may apply.
 

Auto & Motorcycle Loans — 2007 to 2011

Term (up to) APR (as low as)1 Monthly Payment2 Alert Me
24 months 2.29% $42.71
36 months 2.49% $28.89
48 months 2.99% $22.16
60 months 3.09% $18.04
72 months 4.04% $15.69
  • 1*APR is Annual Percentage Rate. All rates include a 0.25% reduction for electronic payments and Summit checking account. APR may increase after loan closing if electronic payments or checking account are discontinued. 0.25% additional discount for hybrid vehicles. Your rate may vary based on your creditworthiness and repayment option.
  • 2Monthly payment is based on payment per $1,000 for term and rate shown above. Minimum loan amount may apply.
 

Other Secured Loans — Includes Boats and RVs

Term (up to) APR (as low as)1 Monthly Payments2 Alert Me
24 months 3.34% $43.13
36 months 4.34% $29.68
48 months 5.14% $23.09
60 months 5.24% $18.98
72 months 5.85% $16.50
120 months
(Boats & RVs only; $25,000 min.)
6.35% $11.28
180 months
(Boats & RVs only; $40,000 min.)
6.85% $8.90
Includes boats, RVs, snowmobiles, personal watercraft, and ATVs.
  • 1APR is Annual Percentage Rate. All rates include a 0.25% reduction for electronic payments. APR may increase after loan closing, if electronic payments are discontinued. Your rate may vary based on your creditworthiness and repayment option.
  • 2Monthly payment is based on payment per $1,000 for term and rate shown above. Minimum loan amount may apply.
 

VISA Cards

VISA Platinum VISA Platinum Rewards Alert Me
APR1 As low as 9.9%1 As low as 11.9%1
Score Card Rewards None Earn one point for every dollar in purchases
Grace Period for Repayment of Balances for Purchases 25 days 25 days
Annual Fee None None
Details Review Application and Solicitation Disclsoure

Review Consumer Credit Card Agreement
Review Application and Solicitation Disclsoure

Review Consumer Credit Card Agreement
  • 1APR is Annual Percentage Rate. Above is for comparison only. See above Application and Solicitation Disclosure and Credit Card Agreement for details.
 

Special Energy Efficient Loans

Term (up to) APR1 Monthly Payment2 Alert Me
60 months 4.50% $18.66
180 months 5.25% $8.06
Special energy efficient loan rates are for the Me2 and Milwaukee Shines loan programs only.
  • 1APR is Annual Percentage Rate. Minimum loan amount is $1,000. Milwaukee Shines maximum loan amount is $20,000. Me2 maximum loan amount is $15,000. Rates are subject to change without notice.
  • 2Monthly payment is based on payment per $1,000 for term and rate shown above.
 

Older Adult Home Improvement Program (OAHIP)

Term (up to) APR1 Monthly Payment2 Alert Me
60 months 4.50% $18.66
180 months 5.25% $8.06
  • 1APR is Annual Percentage Rate. OAHIP minimum loan amount is $1,000; maximum loan amount is $15,000. Rates are subject to change without notice.
  • 2Monthly payment is based on payment per $1,000 for term and rate shown above.
 

Express Home Refinance Rates

Type and Term APR (as low as)1 Monthly Payment Per $1000 Alert Me
8 year fixed2 3.19% $11.84
12 year fixed3 3.29% $8.43
No or low closing costs for new Express Refinance loans only. For existing Express Refinance loans of less than 24 months, closing costs ranging from $165 to $313 will apply. Appraisal fee and title report, if required, is not included and is an additional charge. The charge for an appraisal is typically $385 to $470. The charge for a title report is typically $325.
  • 1APR is Annual Percentage Rate. First lien position, owner occupied only. Your rate may vary based on your creditworthiness.
  • 2Eight-year term. Monthly payment is based on payment per $1,000 for term and rate shown above. A $100,000 loan amount, term of 96 months and the rate shown above has a monthly payment of $1,189.48, taxes and insurance premiums not included. Maximum loan to value is 80%, maximum loan amount is $249,999. Other programs/options are available. Property insurance is required.
  • 3Twelve-year term. Monthly payment is based on payment per $1,000 for term and rate shown above. A $100,000 loan amount, term of 144 months and the rate shown above has a monthly payment of $856.62 taxes and insurance premiums not included. Maximum loan to value is 80%, maximum loan amount is $249,999. Other programs/options are available. Property insurance is required.
 

Home Equity Line of Credit — Up to 80% LTV (Variable/Fixed)

Type and Term APR (as low as)2 VPR (as low as)3 Monthly Payment Alert Me
6-month fixed intro rate1 1.99% Minimum $50 or 1.25% of the principal balance as of the time of the draw, whichever is greater
Variable, revolving 3.99% Prime - 0.50% Minimum $50 or 1.25% of the principal balance as of the time of the draw, whichever is greater
Fixed, up to 36 months 2.99% $29.12
Fixed, 37 to 60 months 2.99% $17.99
Fixed, 61 to 120 months 3.74% $10.02
Fixed, 121 to 180 months 5.49% $8.19
Closing costs range from $215 to $305, unless an appraisal is required. Appraisal, if required, is an additional charge of typically $385 to $470. Property insurance is required.
  • 1After the six-month introductory period the rate will revert to the floor rate of 3.99% or the Prime Rate as published in the Wall Street Journal plus or minus a margin whichever is higher. Your actual rate will be based upon your credit worthiness and loan-to-value. As of February 17, 2014 the variable rate without the discount would be 3.99% APR (floor). The APR will not vary above 15% APR nor below 3.99% APR. Prime rate as of 2/15/14 is 3.25%. Offer only applies to new Home Equity Lines of Credit opened on or after 2/17/14. Existing Home Equity Lines of Credit are not eligible for the introductory rate.
  • 2APR is Annual Percentage Rate. Your rate may vary based on your creditworthiness, loan-to-value ratio and repayment option.
  • 3VPR is Variable Periodic Rate. VPR is subject to change monthly. Your rate may vary based on your creditworthiness, loan to value ratio and repayment option. The maximum APR is 15.00%, the minimum APR is 3.99%. Minimum line of credit amount is $5,000. If a balance remains on the line of credit at the maturity of the 30 year mortgage, a balloon payment may result. The Prime Rate as of January 25, 2014 was 3.25%.
 

Home Equity Line of Credit — Up to 100% LTV (Variable/Fixed)

Type and Term APR (as low as)1 VPR (as low as)3 Monthly Payment Alert Me
Variable, revolving3 6.25% Prime + 3% Minimum $50 or 1.25% of the principal balance as of the time of the draw, whichever is greater
Fixed, up to 36 months2 3.99% $29.58
Fixed, 37 to 60 months 3.99% $18.45
Fixed, 61 to 120 months 4.99% $10.63
Fixed, 121 to 180 months 6.49% $8.74
Closing costs range from $215 to $305, unless an appraisal is required. Appraisal, if required, is an additional charge of typically $385 to $470. Property insurance is required.
  • 1APR is Annual Percentage Rate. Your rate may vary based on your creditworthiness, loan-to-value ratio and repayment option.
  • 2Lock-in feature allows up to five fixed-rate amounts at any one time. Monthly payment for fixed-rate is based on payment per $1,000 for term and rate shown above. First rate lock is free; $35.00 for each additional. Minimum fixed-rate loan amount is $5,000.
  • 3VPR is Variable Periodic Rate. VPR is subject to change monthly. Your rate may vary based on your creditworthiness, loan to value ratio and repayment option. The maximum APR is 15.00%, the minimum APR is 3.99%. Minimum line of credit amount is $5,000. If a balance remains on the line of credit at the maturity of the 30 year mortgage, a balloon payment may result. The Prime Rate as of January 25, 2014 was 3.25%.
 

Home Equity Loans — Up to 80% LTV

Term (up to) APR (as low as)1 Monthly Payment2 Alert Me
36 months 2.99% $29.12
48 months 2.99% $22.16
60 months 2.99% $17.99
84 months 3.74% $13.58
120 months 3.74% $10.02
180 months 5.49% $8.19
Closing costs range from $215 to $305, unless an appraisal is required. Appraisal, if required, is an additional charge of typically $385 to $470. Property insurance is required.
  • 1APR is Annual Percentage Rate. All rates include a 0.25% reduction for electronic payments. Your rate may vary based on your creditworthiness and repayment option. Minimum loan amount $5,000.
  • 2Monthly payment is based on payment per $1,000 for term and rate shown above.
 

Home Equity Loans — Up to 90% LTV

Term (up to) APR (as low as)1 Monthly Payment2 Alert Me
36 months 3.99% $29.58
48 months 3.99% $22.68
60 months 3.99% $18.45
84 months 4.99% $14.16
120 months 4.99% $10.63
180 months 6.49% $8.74
Closing costs range from $215 to $305, unless an appraisal is required. Appraisal, if required, is an additional charge of typically $385 to $470. Property insurance is required.
  • 1APR is Annual Percentage Rate. All rates include a 0.25% reduction for electronic payments. Your rate may vary based on your creditworthiness and repayment option. Minimum loan amount $5,000.
  • 2Monthly payment is based on payment per $1,000 for term and rate shown above.
 

Home Equity Loans — Up to 100% LTV

Term (up to) APR (as low as)1 Monthly Payment2 Alert Me
36 months 7.99% $31.33
48 months 8.49% $24.64
60 months 8.49% $20.51
84 months 8.99% $16.08
120 months 8.99% $12.66
180 months 9.49% $12.93
Closing costs range from $215 to $305, unless an appraisal is required. Appraisal, if required, is an additional charge of typically $385 to $470. Property insurance is required.
  • 1APR is Annual Percentage Rate. All rates include a 0.25% reduction for electronic payments. Your rate may vary based on your creditworthiness and repayment option. Minimum loan amount $5,000.
  • 2Monthly payment is based on payment per $1,000 for term and rate shown above.
 

Mobile Home Loans

Term (up to) APR (as low as)1 Monthly Payment2 Alert Me
24 months 7.25% $44.89
36 months 7.25% $30.99
48 months 7.25% $24.06
60 months 7.25% $19.92
72 months 8.25% $17.66
3 year balloon; 15 year amortization
($40,000 min.)
7.25% $9.13
5 year balloon; 15 year amortization
($40,000 min.)
7.25% $9.13
25% down payment is required for all loans in this category.
  • 1APR is Annual Percentage Rate. All rates include a 0.25% reduction for electronic payments. APR may increase after loan closing, if electronic payments are discontinued. Your rate may vary based on your creditworthiness and repayment option.
  • 2Monthly payment is based on payment per $1,000 for term and rate shown above. Minimum loan amount may apply.
 

Personal Loan Rates

Term (up to) APR (as low as)1 Monthly Payment2 Alert Me
24 months 9.25% $45.80
36 months 9.25% $31.92
48 months 9.50% $25.12
60 months 9.75% $21.12
  • 1APR is Annual Percentage Rate. All rates include a 0.25% reduction for electronic payments. APR may increase after loan closing, if electronic payments are discontinued. Your rate may vary based on your creditworthiness and repayment option.
  • 2Monthly payment is based on payment per $1,000 for term and rate shown above. Minimum loan amount may apply.
 

Personal Lines of Credit

Type and Term APR1 VPR3 Monthly Payment Alert Me
Personal Line of Credit, revolving 10.00% Prime + 4% Minimum $15 or 2.5% of the outstanding principal balance
Overdraft Protection Line of Credit2 18.00% n/a Minimum $15 or 2.5% of the outstanding principal balance
  • 1APR is Annual Percentage Rate.
  • 2Minimum loan amount is $100.
  • 3Variable Periodic Rate (VPR) is subject to change quarterly. Minimum credit score to qualify is 650. The maximum APR is 18.00%, the minimum APR is 10.00%. Minimum loan amount is $1,000.
 

Certificate Secured Loans

Terms APR1 Alert Me
Installment loan or single-payment note that is due at the certificate's maturity date. 3.00% above the certificate's Annual Percentage Yield
Minimum loan amount is $100; maximum loan amount is 95% of the certificate balance.
  • 1APR is Annual Percentage Rate.