COVID-19 Mortgage Hardship Information
In this time of uncertainty, during the COVID-19 (Coronavirus), Picatinny Federal Credit Union is considering our members and the financial consequences of this pandemic. Per the order of the governor, PFCU has created guidelines for our members who have been financially impacted.
Please review the following for consideration of mortgage payment relief from PFCU:
Three Month Payment Relief for Mortgages
PFCU understands that due to the COVID-19 pandemic, our members may be facing financial hardship. Should you be facing such hardship, please refer to the following to be considered for mortgage payment relief. If your request is approved, you will receive an agreement in the mail within 7 to 10 business days.
Members must be facing hardship (i.e. loss of a job, loss of income, closure of a non-essential business.)
Members are required to fill out a COVID-19 Hardship Request Form, which can be returned by:
- Mail to: Picatinny Federal Credit Union C/O Mortgage Department 100 Mineral Springs Drive Dover, NJ 07801
- Fax: (973) 920-2136
- Dropped off at any branch location. Please call ahead at: (973) 361-5225
- By email at: PFCUmortgages@picacreditunion.com. For your protection, please do not send any sensitive information via email.
Members must provide proof of hardship to the credit union for consideration. Proof of hardship documentation includes but is not limited to at least one of the following:
- A letter from your employer
- Paystubs illustrating a reduction in pay
- Evidence that your place of business is closed
- Proof you have applied for unemployment
- Other: Approved COVID-19 hardship documentation
Download the COVID-19 Hardship Request Form here.