and conditions are subject to change at any time. Whether you're buying, building or fixing up a home, Summit is here to help answer any questions you may have, and make sure you're asking the right ones too. And credit union mortgage rates may be more competitive than rates from banks or other lenders. Summit Credit Union has been open since 1935. Mortgage loans are only available for owner-occupied 1-4 family properties located in New York State. Receive a lump sum of money with a Fixed-Rate Loan or borrow money as needed with a revolving Line of Credit. Pricing Available; Get preapproved today or call our 24/7 Loan Call Center at 336-662-6202 or 800-288-5252. Rates as low as 8.25% up to 60 months: Share Secured: 3.50% -- (Certificate Secured 2% above CD Yield) Visa Credit Card: Rates as low as 10.75%: Holiday & Vacation Loans: Rates as low as 10.00% for up to 10 months: Handi/Cash Loan: 39% with a 5% advance fee -up to $500 for 90 days Summit Credit Union has been open since 1935. Home; Resources and Tools. You must be a member of The Summit FCU to take advantage of its products and services. Rates may change daily. She is a knowledgeable, experienced professional who specializes in finding the right product to fit each member's personalized mortgage needs. Today's Rates. The rates shown are the best rates available. To obtain the best home loan rate, shop around with multiple lending institutions. You can see all the loan specifics and disclosures by clicking the Payment amount for each loan program. As of 03/17/2020, the Prime rate was 3.25%. It's the 2nd largest credit union in Wisconsin with assets totaling $4.24 Billion and providing banking services to more than 203,000 members. The rate you receive depends upon the credit qualifications of the borrower or cosigner (if applicable) and the repayment term selected. For example, the total cost of a 30-year loan in terms of the interest paid on the loan is higher than the total cost of a 10, 15, or 20-year loan. A loan guaranteed by the Veteran's Administration with little or no down payment. Loans are subject to credit approval and certain limitations may apply. You can also stop by your local branch office. For home equity lines of credit: Rate is variable rate of Prime rate as published in the Wall Street Journal plus a margin ranging from 0% to 2.5%, and will never fall below the floor rate of 4.00% and will never exceed 18.00%. Will likely pay a lower interest rate over the first 10 years of your loan (vs. a fixed rate loan) No mortgage insurance with equity or a down payment of at least 10% And like every Summit mortgage, your loan will be serviced directly by Summit Construction A construction loan can be a short term (aka interim construction) loan that covers the period while the home is being built with periodic disbursements to the contractor(s) as construction progresses. Summit Credit Union has been open since 1935. You must be a Summit member to apply. Founded in 1935, the mortgage lender grew considerably after several mergers with other credit unions within the state.. This calculator assumes that the loan-to-value of your refinance will not exceed 80%. Contact us at (585)453-7010 or (800)836-7328 extension 7010. *100% financing is available for well qualified buyers. Mortgage Rates; Application Tips; Mortgage Checklist Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. Must be 18 years of age or older to apply. Rates apply to new money only. Search form. You must be a member of The Summit FCU to take advantage of its products and services. All mortgage programs at The Summit Federal Credit Union require credit and property approval. The process of obtaining a new mortgage, usually at a lower rate, to repay and replace an existing mortgage. Summit Credit Union offers competitive RATES for all its savings and loan options! The Annual Percentage Rate (APR) for our student loan refinance program is fixed 5 for the life of the loan. A free inside look at Summit Credit Union salary trends based on 135 salaries wages for 70 jobs at Summit Credit Union. A Summit Mortgage Originator will follow up to answer your questions. Our goal is to provide the highest level of service at competitive rates. Anyone can join Summit Credit Union, and once you're a member, you're a member for life. MORTGAGE RESOURCES. Comparing rates from three, 4 or more loan providers helps ensure you're getting competitive offers on a new home loan or a refinance. Kim M. Campbell-Peters, a Mortgage Account Executive with the Summit Federal Credit Union, has been in the mortgage industry since 1990. Our Mortgage Originators are only a phone call away if you need help. A Home Equity Loan from your Credit Union can provide you with the cash you need for home improvements, college tuition, debt consolidation, or to take a much-needed vacation. The Summit is an Equal Housing Lender. All rates quoted are based on a purchase of a single family, primary residence for properties located in Genesee, Livingston, Monroe, Ontario, Orleans, Seneca, Steuben, Wayne, Wyoming, and Yates Counties in the state of New York that have a 96.5% loan to value (LTV) and at least a 680 credit score with a 60-day rate lock period. 10021 E. 66th Terrace, Raytown, MO 64133 | NMLS# 459083. Subject to credit approval. Better than dealer Loan Protection, GAP, and Warranty Coverage; N.A.D.A. New SFCU loans only. National Credit Union Administration, a U.S. Government Agency. National Credit Union Administration, a U.S. Government Agency. And finally, since they’re a not-for-profit financial cooperative, all of their earnings are redistributed right back to their members. Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. Find a bank near Madison or Milwaukee, WI. Summit is Wisconsin’s largest credit union. It's the 2nd largest credit union in Wisconsin with assets totaling $4.24 Billion and providing banking services to more than 203,000 members. Rates are subject to change without notice. ... Mortgage Rates. The Summit’s loan programs, rates, terms, and conditions are subject to change without notice. Member Service (585) 453-7000 | (800) 836-SFCU Corporate Headquarters The Summit Federal Credit Union Canal Ponds Business Park 100 Marina Drive Count on Summit Credit Union as your financial advisors. Salaries posted anonymously by Summit Credit Union employees. ... We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. Fixed-Rate Loans. The rates shown are the best rates available. With a 30-year loan, you have the advantage of lower monthly payments due to the longer loan term. Variable rates available for all loan types. 100% financing available on car loans. “On average, credit unions offer lower rates on mortgage loans,” says Long. If you move, retire or change jobs, they’ll always be here for you. Whether personal or business, we'll help you manage your money. All mortgage programs at The Summit Federal Credit Union require credit and property approval. Explore Resources Apply. All terms and conditions may change at anytime without prior notice. Member Service (585) 453-7000 | (800) 836-SFCU Corporate Headquarters The Summit Federal Credit Union Canal Ponds Business Park 100 Marina Drive Home Loans; Purchase or refinance, fixed- and variable-rate home loans are available. Search. The current offered rates 6 are: 15-Year Repayment Term: between 6.00% and 11.00% APR All loan rates are fixed except the Home Equity Line of Credit. Find maximum loan amount My annual income is. If you’re looking to get the best mortgage rate possible, there’s a good chance you’ll find it at a credit union. Here are a few of the mortgage loan programs we offer. Home Equity Loan Options. Office: (585)453-7287; Cell Phone: (585)329-4488; Fax: (585)453-7216; Email: nannini@summitfcu.org 100 Marina Drive Rochester, NY 14626; NMLS Registry Number - 671515; I have been with The Summit for 15 years and in the mortgage business since 1991. Apply Now. It's the 2nd largest credit union in Wisconsin with assets totaling $4.24 Billion and providing banking services to more than 203,000 members. Member eligibility required. You must be a Summit member to apply. Terms up to 10 years Ideally, you want a price that's at least equivalent to, or even better below, the existing average price for the loan product you're interested in. 30, 20, and 15 year fixed mortgage loans will transfer servicing to an investor. love your mortgage Set up your auto-pay with a United checking account and get a 0.125% 1 discount on your rate.. Routing # 275979034 Copied to clipboard; Join; Meet; Locate Contact SFCU staff for more information about applicable fees and terms. These loans are available only to qualifying veterans for the purchase or refinance of a home, which is for their own personal occupancy. Mortgage loans are only available for owner-occupied 1-4 family properties located in New York State. Summit now has over 168,000 members throughout Wisconsin and 34 different branch locations. All terms and conditions may change at anytime without prior notice. Loan Payment Examples: Signature Loan: $5,000 for 36 months at 6.25% APR = $153.07/mo. If you have questions about the home loan process, credit requirements, down payment needed, etc. The Summit’s loan programs, rates, terms. Quoted rates assume purchase money mortgage, single family, owner occupied dwelling with loan amount of $150,000 and a purchase price of $200,000 using a 30-day lock with a minimum credit score of 740. 1 If refinancing a Summit Auto Loan, you must increase the outstanding loan balance by at least $1,000. 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