The Hebrew Free Loan Society is a nonprofit community-based lender offering 0% interest, no-fee loans to low- and moderate-income residents of New York City’s five boroughs, Westchester, and Long Island, regardless of religion, race, ethnicity, or immigration status.

Eligibility Requirements

To qualify for an HFLS loan, you must meet the following eligibility criteria:

• Currently live in NYC’s five boroughs, Westchester, or Long Island and have a US-based checking account.
• Your annual, pre-tax household income does not exceed the moderate-income limit for your household size. See here. (These limits are based on Department of Housing and Urban Development guidelines.)
• Locate one or two qualified guarantors (the required number of guarantors depends on the loan amount and type of loan).