Rates reflect a discount for electronic payments and an established Summit Credit Union checking account. Offer subject to change without notice, home-equity-line-of-credit-up-to-100%-ltv, Home Equity Line of Credit — Up to 100% LTV (Variable/Fixed). This guide will compare the Summit Credit Union rates to CD, money market, and savings account rates from the USA’s top banks. Real Estate & Commercial Construction Loans, Minimum $50 or 1.25% of the principal balance as of the time of the draw, whichever is greater, Minimum $15 or 2.5% of the outstanding principal balance. Secure Home Banking 24 . Copyright 2020 © Summit Credit Union. The Summit has contracted with this third party vendor to provide you with certain services. Other programs/options are available. Maximum loan amount for a single payment loan is 95% of the certificate balance. Prime Rate as of 03/15/2020 is 3.25%. The charge for an appraisal is typically $410-$485. We encourage you to read and evaluate the privacy and security policies of the site you are entering, which may be different than those of The Summit. All applications are subject to credit approval. The Credit Union is not responsible for any such third-party content. Your actual rate will be based upon your credit worthiness and loan-to-value. The content of this third-party site, including materials and information, is solely the responsibility of the provider of the site. Your actual variable periodic rate and floor rate will be based upon your credit worthiness and loan-to-value. The Prime Rate as of 03/15/2020 is 3.25%. 1 APR is Annual Percentage Rate. Select monthly expenses ** If you have a co-borrower who is not your spouse on your application and you are applying for a VA loan, the co-borrower must also be a veteran. Home; Contact Us; Locations, Hours, & ATMs; Greensboro Market St branch is temporarily closed for all services, including drive-thru and night deposit. Your actual variable periodic rate and floor rate will be based upon your credit worthiness and loan-to-value. Apply for a loan online or contact a Summit mortgage lender today. Monthly minimum periodic payments made during the end of draw repayment period may not fully amortize the remaining balance of the line of credit at the maturity of the 30-year mortgage. Member Service (585) 453-7000 | (800) 836-SFCU Corporate Headquarters The Summit Federal Credit Union Canal Ponds Business Park 100 Marina Drive Rochester, NY 14626. 2 Monthly payment amount is based on payment per $1,000 for term and rate shown above. Auto Loans Mortgage Loans Visa Credit Card Options Personal Loans Student Loans Other Explore Contact Information Routing Number #241273463 NMLS Number 406394 Lock-in feature allows up to five fixed rate amounts at any one time. For the improvements you’ve always wanted. Monthly minimum periodic payments made during the end of draw repayment period may not fully amortize the remaining balance of the line of credit at the maturity of the 30-year mortgage. Skip to Main 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. Fee is waived if an existing SCU HELOC is refinanced with a new SCU first mortgage. Closing costs range from $165-$313 unless appraisal or title insurance fees are required. The APR may increase after loan closing if an electronic payment is discontinued. If you are using a screen reader and are having problems using this website, please call 608-243-5000 for assistance. To apply for a mortgage with Summit, all you have to do is answer a few simple questions about yourself, your property and your income, debts and assets. Calculate. Mortgage Rates . 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