summit-bracket2 bracket2 atm-outline location-pin-outline location-pin-filled atm-filled calendar2 bracket google-play[2] app-store summit-location-pin-lg code lock user worksheets phone print programs open pdf checkmark-form close-x close download checkmark-chart checklists blog-tools social-facebook social-google-plus social-pinterest LInkedIn-2C-128px-R instagram-rainbow social-twitter social-youtube ehl calendar calculators bracket22 checkmark email text-area-corner external-link success error information warning calendar-add-event auto-rates mortgage-rates home-equity new-certificates ncua summit-logo-itmoi arrow-left arrow-right checkmark2 summit-logo-white summit-bracket silhouette arrow-down arrow-up auto-rates2 blog calculators2 call ehl2 home-equity2 itmoi locate mortgage-rates2 new-certificates2 programs2 search summit-location-pin-sm tools clock

mortgage down payment options as low as 3%1

Home Purchase Bonus


First-time Homebuyer Bonus


Top Mortgage Lender in Wisconsin

Getting Your Mortgage Loan With Confidence

Ready to get the right home loan? From buying your first home to fixing one up – and for all your other mortgage needs – we’re here to help you make it happen, each step of the way.

It’s fast, easy and hassle-free with:

  • The ability to lock your rate when you choose – at the time you apply or up to seven days before closing
  • Online mortgage loan status updates throughout the process
  • Great rates and local servicing
  • A free preapproval!   Why start with a preapproval?

loan types and rates

Fixed-Rate Mortgage

A fixed-rate mortgage loan is exactly that - fixed. It doesn't move. So your monthly payments will always stay the same over the term of the loan.

A good option for someone who expects to stay in the same house for a while or just wants a consistent payment. 

Don't wait until you find a house you love. Get a free preapproval. 


Adjustable-Rate Mortgage

With an adjustable rate loan, your interest rate can change over the course of your loan, after being locked-in for the initial term.

A good option for someone looking for a more affordable payment early on, expecting an increase in their income or planning to only stay in the house for a few years.

Set yourself up for success. Get a free preapproval. 


Mortgage Rates
Rates Effective June 23, 2021
TYPE AND TERM RATE Annual Percentage Rate

30 Year Fixed

2.875% 2.941%

15 Year Fixed

2.250% 2.370%

10/1 ARM**

3.000% 2.974%

7/1 ARM**

2.875% 2.899%

5/1 ARM**

2.375% 2.752%

3/3 ARM**

3.000% 3.173%

3/1 ARM**

3.000% 2.909%

1/1 ARM**

3.000% 2.888%

30Yr No/Low Cost*

3.125% 3.192%

20 Year Fixed

2.750% 2.844%

Start With A Free Preapproval

It’s the best first step. Because when you get a preapproval on your loan, you have the green light to go up to a maximum purchase price – and you have extra credibility on your offer to purchase. You just need:

  1. A government-issued ID

  2. Your most recent 30 days of pay stubs and two years of W-2s

  3. Your statement or account numbers for all bank accounts and loan balances

Your Mortgage Loan Partner

With the great rates you need to start, online mortgage loan status updates throughout the process and local servicing for the life of your loan, Summit is here for you every step of the way. Our mortgage loan officers are ready to connect whenever you are! Really, whenever.

Connect With a Mortgage Loan Officer

Mortgage Status Updates

Check the status of your mortgage application or upload requested documents online anytime.

Check The Status of Your Home Loan

Tools & Resources


Figure out your monthly payment and amortization schedule.


Does it makes sense to refinance your mortgage loan?


Compare 15- and 30-year terms.


Are you better off buying your home, or resigning that lease?

Related Content
Buying a Home: When to Make Your Move
Financial Freedom, Mortgages
Some say avocado toast is holding young people back from becoming homeowners, but, of course, it’s not that simple. There are many factors that go into the decision to buy a home. Finances, timing, the real estate market and the economy, to name a few. 
Read More 
Woman paints walls with a roller with unpacked moving boxes surrounding her.
Tips & Advice for Your First Time Buying a Home
Mortgages, Financial Freedom, Money Smarts
Buying your first home can be intimidating, so we asked real people to share their new homeowner tips. Find out their strategies to ace the homebuying process.
Read More 
Couple talking with financial advisor
Don't put your (future) dream home at risk
Red Shoes, Mortgages, Homes
Thinking about swapping your current house for a different one? Then it’s important to know just how much money you can actually borrow — especially if your hunt is happening in a hot market. Follow these four steps if you're considering a new mortgage.
Read More 
Money Smarts Podcast
Podcast: Ready to be a Homeowner? What You Need to Know
Podcast, Homes, Mortgages
In this episode of Money Smarts, a podcast of Summit Credit Union, we're talking with an experienced mortgage lending officer about how to simplify the home buying process and other common home buying questions.
Read More