Make a Payment Rates About Careers Contact Locations Summit has many options for you to choose from to refinance your primary or secondary home. Each offers great rates and fast turnaround and can save you big over the life of your loan. Our options can give you an affordable way to make home improvements or big purchases or pay down your higher interest debt. Express Mortgage Refinance Traditional Mortgage Refinance Key Features & Benefits
  • The lowest total interest payments – with loan terms as short as 8 years
  • The shortest loan pay off
  • An expedited loan process
  • A great way to consolidate other higher interest debt
  • Lowest monthly payment – refinance for up to 30 years
  • Widest variety of loan term options
  • Available for refinancing higher existing balances
  • Lower loan-to-value (LTV Your Loan-to-value (LTV) ratio, is your mortgage balance divided by the appraised value of your home. For example, if it's 80%, that means you have at least 20% equity in your h ) requirements than an express refi
  • Get cash back from the equity in your home
  • A great way to consolidate other higher interest debt
Rate Type Fixed Fixed or adjustable Loan Term 8, 12 or 20 years 10, 15, 20 or 30-year fixed
Plus a wide variety of adjustable rate mortgage (ARM) options Can I set up an escrow account? No Yes Maximum loan amount $399,999 Available for refinancing higher existing balances. Maximum loan-to-value (LTV) 80% Maximum depends on loan type Closing costs Low (or no!) Low (or no!) Can I cash out my home equity? Yes, subject to the maximum LTV Yes, subject to the maximum LTV Can I refi property located outside of Wisconsin? Yes Yes Work with your Summit mortgage loan officer to determine which option is right for you! 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