Types of Loans

types of loans

Go on, Dream… Let Hebrew Free Loan Create the Reality.

Hebrew Free Loan offers interest-free loans to Jewish individuals in the state of Michigan to fulfill a variety of financial needs. Those individuals requesting a loan must complete a process that includes meeting in person with two Hebrew Free Loan Board members and obtaining co-signers.  Once a loan application is approved, a repayment schedule is established. Repayment usually begins thirty days after receipt of the loan, and ranges from one to three years, depending on the amount of the loan.

The following is a list of available loan categories that we fund.  Other financial needs will be assessed at time of application.

Adoption/in-vitro     
Appliances         
Attorney Fees     
Business/Tools     
Camp*           
Car & Repairs         
Celebrations       
Education*          
Funeral Expenses            

*partnership loan programs

Home Improvements
Living Expenses
Medical/Dental Exenses
Moving Expenses
Rent/Mortgage Payments
Resettlement Support
Special Needs (disability specific)
Income/Property Taxes
Utilities          

Help Us Help Others...

If you know of someone in need of a loan, perhaps we can help. Contact us at info@hfldetroit.org
or (248) 723-8184.