Do you have home improvement projects on your “to do” list?  A Summit FCU Home Improvement loan can help up to $25,000.  If you need more funds, a Home Equity loan might be a better option.  Our Home Equity Closed Ended loans and Home Equity Line of Credit loans can use your home’s current equity to pay off debt, take a trip or complete more expensive projects.  Contact our loan department to discuss more details and figure out which option fits YOUR needs.

All approved Home Improvement, Home Equity Closed Ended and Home Equity Line of Credit loans applications received April 1, 2022 through April 30, 2022 will receive a $50 Lowes gift card. One gift card per loan given at loan signing.

*Loan Payment Example: Home Improvement Loan: $25,000 for 180 months at 6.74% (APR) Annual Percentage Rate= $221.71/month payment. Home Equity Closed End Loan: $40,000 for 180 months at 4.50% (APR) = $306.57/month. Home Equity Line of Credit: $40,000 for 300 months at 3.25% (APR)= $195.19/month. 45 days until first payment. All loans subject to normal credit approval, terms and risk analysis. Application must be received between April 1, 2022 and April 30, 2022. Not available for refinancing of current SFCU loans. New SFCU loans only. Home Improvement minimum loan amount of $2000.00. Home Equity Closed End loan minimum amount of $2500.00. Home Equity Line of Credit minimum loan amount $10000.00. All rates and terms subject to change without notice. Contact SFCU staff for applicable fees and terms. Property must be the primary residence. Some exclusions apply.