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%.^
Plus, $500 off closing costs.^^

Getting Your Mortgage Loan With Confidence

Ready to get the right home loan? From buying your first home to fixing one up to refinancing – 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

What Can We Help You With?

 

Buying A Home

This will be fun! The best way to start is by seeing what’s possible. Once you find out what you can afford, your potential monthly payment and the right term, then you’re ready to get rolling. Here are some homebuying resources to help:

Options & Rates Preapproval

Woman and child cooking in a kitchen
 

Refinancing

It’s good to check whether your current mortgage still makes sense or if it’s time to refinance. See if you could save big in the long term or free up some money in the meantime with either an Express or Traditional Mortgage Refinance.

See Your Options Check Rates

Outside of a home at dusk
 

Home Equity

Whether it’s a loan or a line of credit, borrowing some of your equity back is a smart way to do more with your money – hello, home improvements! Imagine what you could check off the to-do list and:

See Your Options Check Rates

The interior of a remodeled bathroom
 

Second & Vacation Homes

Your home away from home deserves a payment plan that’s just as cozy – and we have a variety of options on both fixed-rate and adjustable-rate mortgages.

See Your Options Check Rates

Exterior of a log cabin house
 

Construction & Land Loans

The right loan for your land is something you’ll really be able to build on.

See Your Options

The basic structure of a home being built
 

Investment Properties

We have the rates, terms and loan amounts to match your vision for getting the most out of your investment.

See Your Options

Exterior of multi-family duplex

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

Chad T. Johnson

Oconomowoc Branch
VA Medical Center Branch

608-243-5000, ext. 3005
800-236-5560, ext. 3005

Mary Byrd

Sun Prairie Branch

608-243-5000, ext. 1206
800-236-5560, ext. 1206

Claudine A. Carvalho

Old Sauk Branch

608-243-5000, ext. 5005
800-236-5560, ext. 5005

Bob Leblanc

New Berlin Branch
Waukesha Branch

608-243-5000, ext. 8509
800-236-5560, ext. 8509

Jesse Hernandez

Yellowstone Branch

608-243-5000, ext. 7966
800-236-5560, ext. 7966

Laura Zweep

Downtown Branch

608-243-5000, ext. 4995
800-236-5560, ext. 4995

Keith Jensen

Fitchburg Branch

608-243-5000, ext. 4005
800-236-5560, ext. 4005

April Seidl

Mount Horeb Branch

608-243-5000, ext. 7965
800-236-5560, ext. 7965

Andy Dennis

Sun Prairie West branch

608-243-5000, ext. 7958
800-236-5560, ext. 7958

Kevin Schroeder

Thierer Branch

608-243-5000, ext. 2700
800-236-5560, ext. 2700

Talon Brandsma

Baraboo branch

608-243-5000, ext. 1102
800-236-5560, ext. 1102

Jesus Vivanco-Huerta

Beaver Dam branch

608-243-5000, ext. 1103
800-236-5560, ext. 1103

Wil Vale

Muskego Branch

608-243-5000, ext. 4972
800-236-5560, ext. 4972

Adam Palm

American Parkway Branch

608-243-5000, ext. 8403
800-236-5560, ext. 8403

Jackie Lange

Portage Branch

608-243-5000, ext. 2601
800-236-5560, ext. 2601

Brett Wolfram

Cottage Grove Branch
Lake Mills Branch Cottage Grove Headquarters*

608-243-5000, ext. 2782
800-236-5560, ext. 2782

Chris Collins

Janesville Branch

608-243-5000, ext. 5992
800-236-5560, ext. 5992

Victoria 'Tori' Woolley

Watertown Mortgage Loan Office

608-243-5000, ext. 6201
800-236-5560, ext. 6201

Lori L Burish

Greenfield Avenue Branch
VA Medical Center Branch

 

608-243-5000, ext. 8119
800-236-5560, ext. 8119

 

Rina N. Courtier

Yellowstone Branch

Middleton Branch

 

608-243-5000, ext. 3998
800-236-5560, ext. 3998

Steven Hansen (Steve)

Waunakee Branch

608-243-5000, ext. 2110
800-236-5560, ext. 2110

Adam Pelletter

Old Sauk Branch
Shorewood Hills Branch

608-243-5000, ext. 2493
800-236-5560, ext. 2493

Bonnie Bergeson

West Milwaukee, Journal Branch

608-243-5000, ext. 1905
800-236-5560, ext. 1905

Brandon Strayer

Westport Branch

608-243-5000, ext. 2161
800-236-5560, ext. 2161

Bryce Kingsley

City Station Branch
Rimrock Branch

608-243-5000, ext. 1303
800-236-5560, ext. 1303

Timothy J. Greene (Tim)

Monona Branch

608-243-5000, ext. 2147
800-236-5560, ext. 2147

Mike Bietz

Franklin Branch

Brookfield Branch

608-243-5000, ext. 1029
800-236-5560, ext. 1029

Andrea Belanger

Stoughton Branch

608-243-5000, ext. 2182
800-236-5560, ext. 2182
 

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.

 

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.

 
 
Mortgage Rates
Rates Effective January 25, 2021
Apply
TYPE AND TERM RATE Annual Percentage Rate

30 Year Fixed

2.625% 2.690%

15 Year Fixed

2.125% 2.245%

10/1 ARM**

3.000% 2.988%

7/1 ARM**

2.875% 2.918%

5/1 ARM**

2.375% 2.773%

3/3 ARM**

3.000% 3.033%

3/1 ARM**

3.000% 2.934%

1/1 ARM**

3.000% 2.916%

30Yr No/Low Cost*

2.875% 2.941%

20 Year Fixed

2.500% 2.593%

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

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
Calculators
Worksheets
FAQs

CALCULATE A MORTGAGE PAYMENT

Figure out your monthly payment and amortization schedule.
 

TIME TO REFINANCE?

Does it makes sense to refinance your mortgage loan?
 

COMPARE TWO MORTGAGE LOANS

Compare 15- and 30-year terms.
 

RENT VS. BUY

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

Related Content
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 
house
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 
Couple sits at kitchen countertop with notepad reviewing papers
TURN EXTRA MORTGAGE PAYMENTS INTO THOUSANDS IN SAVINGS!
Financial Freedom, Money Tips, Mortgages, Red Shoes, Worth Saving For
Like to save money?

We thought so! And here’s a way to save big that you might not know about: pay a little extra on your mortgage each year.
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