Make a Payment Rates About Careers Contact Locations Your home equity is ready to help you reach all your goals – not just home improvements! Tell us what you’re hoping to achieve, and we’ll discuss how a Home Equity Line of Credit or Home Equity Loan can help.
Here's an Amazing Home Equity Line of Credit Rate

0% for 3 months - 8.00% variable APR after that

Every time you make a mortgage payment, you’re building the equity you have in your home! Let’s see how that money can help pay for all the things you want (or need) to do, like:
  • Fund a home improvement project (or two) that increases your home’s value even more.
  • Save hundreds when you say goodbye to higher interest rates and use your home equity to pay off higher-interest debt.
  • Prepare for unforeseen expenses, like a burst pipe, with a flexible emergency fund.
And as Wisconsin’s #1 Mortgage Lender, we’re here to help you find exactly how your home equity can support your goals – from renovating to establishing an emergency fund and more! Let’s chat about your options. A HELOC is a great, flexible option that gives you access to a pool of money and lets you borrow what you need, when you need it.
  • Get a variable rate as low as prime minus 0.50%
  • Lock in your balance to a low rate for a term of up to 15 years
  • Get no or low closing costs
  • Forget about annual fees and prepayment penalties
  • Deduct your interest from your taxes (if eligible)
  • Use it to cover unexpected costs
  • Easily access your funds online
An Interest-Only HELOC is great if you’re looking for a lower, more affordable payment. Payments only include interest accrued on the loan – no principal – during the “draw” or borrowing period.
  • Get ALL the same advantages of a standard HELOC with the same low rate
  • Pay only the interest accrued on the loan since the previous due date, or $50 (whichever’s greater)
  • Make larger payments when you have funds to do so (great if you work on commission or have a seasonal income)
If you have a project and price tag in mind, a Home Equity Loan lets you take out a set amount and lock in a fixed rate, so you can count on standard monthly payments over your term.
  • Lock in a great fixed rate and low closing costs
  • Deduct your interest from your taxes (if eligible)
  • Forget about annual fees and prepayment penalties
When it comes to using your home’s value, you might be surprised at everything it can help you accomplish! As Wisconsin’s #1 Mortgage Lender, we’re here to discuss all the possibilities – and find which route is right for you. Check out your options below. Then, schedule a time to chat about your questions! Get Started with the Credit Union That Does More for You More Tools & Resources FAQs
Increased value in your current home could also mean it’s a great time to sell and upgrade to a new home. Get preapproved for free in as little as 15 minutes. Know price and monthly payment the day you apply, so you can feel totally in control from day one! With low fixed rates and short terms, a personal loan can be a smart option to cover a variety of costs, from that upcoming trip to an unexpected dental bill. Featured Products Certificates Checking Accounts Home Equity Loans Home Loans Business Banking Certificates Checking Accounts Home Equity Loans Home Loans Business Banking Financial Education Upcoming Events Programs Tools & Calculators On-demand Webinars Podcasts Upcoming Events Programs Tools & Calculators On-demand Webinars Podcasts About Equity in Money™ About Summit Careers News Community Giving Equity in Money™ About Summit Careers News Community Giving Help & Support Contact Us Member Support Center Schedule an Appointment Find a Branch Contact Us Member Support Center Schedule an Appointment Find a Branch Please read the following before proceeding to: The website you are about to visit is solely the responsibility of the merchant or other party providing the site. The content of this third-party site, including materials and information, is solely the responsibility of the provider of the site. The Credit Union is not responsible for any such third-party content. Any transactions that you enter into with a vendor, merchant or other party that you access through this third-party site are solely between you and that vendor, merchant or other party. The Credit Union does not endorse the content contained in this third-party site, nor the organization publishing the site, and hereby disclaims any responsibility for such content. The Credit Union Privacy Policy does not apply to this third-party site, and for further information you should consult the privacy disclosures of the third-party site. NCUA Insurance Estimator Privacy, Security & Accessibility Rates, Fees, Terms & Disclosures Routing Number *  The Wisconsin's #1 Mortgage Lender designation is based on the number of loans in 2022, gathered from the Home Mortgage Disclosure Act data compiled annually by the Consumer Financial Protection Bureau. The results of the data were obtained through the LEI: 254900NTAC4H10MGSU23 **  SBA Lender of the Year Award for Credit Unions as awarded by the Small Business Administration of Wisconsin in 2023. Copyright 2024 © Summit Credit Union. All rights reserved. If you are using a screen reader and are having problems using this website, please call 608-243-5000 for assistance. Insured by NCUA