Home Equity Line of Credit

Access funds when you need them

Pay for home renovations or higher education. Take the trip of a lifetime, replace ancient appliances or cover emergency medical bills. With an affordable Home Equity Line of Credit, you can quickly tap into a loan fund and cover any kind of financial need.  

  • Credit limit based on available equity in your home
  • Variable interest rate based on Prime Rate
  • One easy application provides repeated access to funds
  • Fast access to funds through checks, online and mobile banking, and at Scient branches
  • No closing costs*
  • No annual fees
  • Interest-only minimum payments during draw period
  • Up to 100% total loan-to-value
  • Minimum loan amount of $10,000
  • No pre-payment penalty 


*Fees and charges may apply.  Please see the credit union for details. A membership fee of a minimum of $5.00 is also applicable if not already a member of Scient. HELOC is a variable rate loan based on Prime Rate.  +The current Prime rate as of July 27, 2023, is 8.50%.  

Scient FCU is a full-service credit union with branches in Groton, New London and New Haven Connecticut.

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* Fees and charges may apply.