You will need the following information (for you and for your spouse, if you are married) in order to complete the application:

• Annual pre-tax income (if you are paid by the hour, please estimate your pay for an entire year at your hourly rate)

• Start date at current job (month and year)

• Social Security Number (if you have one)

After you submit your application, you will receive an email from HFLS that includes links to:

• Securely verify your identity and government-issued photo ID using a unique ID-Pal verification link. (Accepted IDs: US passport or passport card, green card, other US national ID, US driver license or non-driver ID.) This is necessary to prevent identity theft and fraud. Please click here for more information about ID-Pal and why HFLS uses it. 

• Authorize HFLS to review your recent bank account activity through a unique Plaid authorization link. This is necessary to prevent fraud and ensure applicants are capable of repaying an HFLS loan. Please click here for more information about Plaid and why HFLS uses it.

You will need the full name and email address of one proposed guarantor (for loans of $7,500 or less) or two proposed guarantors (for loans above $7,500) who meet the following criteria:

• Lives in New York, New Jersey, or Connecticut

• Has annual, pre-tax household income of at least $30,000

• Has good credit (as HFLS will obtain and review their credit report)

• Is willing and able to repay your loan if you are unable to do so

After submitting your application:

• You will receive an email confirming your application submission.

• You will receive an email about verifying your signed response. You MUST click on the link in the email for HFLS to process your application.

• Your proposed guarantor will receive an email from HFLS with a link to complete a guarantor form (please inform them so they know it’s not spam!)

• Within three business days, an HFLS Loan Officer will contact you to schedule a 10-20 minute loan interview, which will take place by phone.