Helping Hand Loan Program
At Newfield National Bank, we understand that a traditional credit history and home ownership do not have to be the basis for a good loan. With our Helping Hand Loans, qualification standards are easy to meet.
If your family earns up to 80% of the 2022 HUD MSA Median Family Income*, you could qualify for one of these unsecured loans at a low rate of interest. Home ownership and traditional credit history** are not required.
"Helping Hand" loans program only available in the counties listed below.
MAXIMUM HOUSEHOLD INCOME LEVELS*:
|Cape May County
Availability: Unsecured Helping Hand Loans are available to all qualified households with applicants being 18 years of age or older.
Terms: We offer competitive rates with terms up to 48 months.
*Income levels are based on 80% of the 2022 HUD MSA Median Family Income as reported by the 2020 FFIEC Census Report.
**A credit report will be ordered to determine payment history. If there are not at least three traditional lines of credit, then we will require two “alternate” credit payment histories. These can include copies of rent receipts, utility bills, etc. The period to be reviewed is a minimum of six months. Copies of bills, cancelled checks, or money orders must be included.
Consumer Loan Applications