Mortgage/Equity Relief Loan

house made of dollar bills

Scient is here for our members who may be experiencing financial difficulties due to Covid -19 and are looking for temporary payment relief from home mortgages and equities. Below are a couple options to help assist you over the next 90 days.

First Mortgage Relief Loan

36 month loan term; 90 days at 0% APR
$10,000 Maximum Loan Amount

To qualify for the relief loan, you must be out of work due to COVID-19 and be able to provide documentation ( examples: a letter from your employer, unemployment verification or a doctor’s note showing out of work due to COVID-19). If you have a mortgage on a rental property, you will need to provide a copy of the lease agreement, in addition to one of the above-listed documentation pieces for each tenant.

Loan funds will be disbursed to a sub account and will be transferred automatically on the first of each month to fulfill your mortgage payment.  On the 91st day, the loan will convert to a principal/interest payment loan at your current mortgage rate.  There is no pre-payment penalty on this loan. 

To apply, please print and complete this form. Return it with proper verification documents to or fax to 860-441-0997.


Home Equity Mortgage Relief Program

Please print, complete, and return this form to SFCU, P.O. Box 499, 60 Colver Ave, Groton, CT 06340 or fax to 860-441-0989. If you have any questions, please contact our Operations dept. directly at 860-445-1060, or

By participating in the program, you authorize SFCU to advance your loan due date by three months on an eligible Home Equity Loan, Home Equity Line of Credit or Smart Choice loan(s) and acknowledge that the maturity date of your loan(s) will be extended by three months. You will need to sign a Modification Agreement reflecting the extension of the maturity date. You also acknowledge that this request does not change your legal obligation to the Credit Union, that your loan agreement with the Credit Union requires regular monthly payments, and that the Credit Union is merely permitting you to defer payment for the months indicated. Interest will continue to accrue on the unpaid balance(s) during the months you defer a payment. All accounts must be in good standing to participate.