NJHMFA Down Payment Assistance Program
NJHMFA Down Payment Assistance
Advisors Mortgage Group specializes in offering exclusive NJHMFA mortgage programs and down payment assistance to first-time homebuyers in all New Jersey counties. Discover how the NJHMFA Down Payment Assistance Program can benefit you, potentially providing up to $22,000 towards your cash to close!
Qualification Criteria:
- Minimum 620 credit score
- Conventional, FHA, VA, or USDA
- Compliance with NJHMFA household income and purchase price limits
- Must be first time homebuyer to obtain down payment assistance
- Must be owner occupied
- This program has income limitations. Call 800-778-9044 to see if you qualify.
To expand on the NJHMFA Down Payment Assistance Program, the First Generation Homebuyer Program offers an additional $7,000 in aid for eligible first-time homebuyers who are the first in their family to own a home. This can bring the total assistance to $22,000. To qualify, applicants must meet the criteria outlined for both programs. Reach out to Advisors Mortgage Group for further guidance on eligibility and application requirements.
NJHMFA Program Disclaimer
Certain restrictions apply to NJHMFA Down Payment Assistance Programs. For detailed program terms, conditions, and qualifications, please refer to NJHMFA’s Official Website http://www.nj.gov/dca/hmfa/.
ALL PROGRAM GUIDELINES AND QUALIFICATION CRITERIA ARE SUBECT TO CHANGE AT ANYTIME AT THE DISCRETION OF NJHMFA.
Gold Counties: $22,000
Participating NJHMFA Gold Counties:
- Morris County
- Hunterdon County
- Somerset County
- Mercer County
- Passaic County
- Bergen County
- Essex County
- Hudson County
- Union County
- Middlesex County
- Monmouth County
- Ocean County
Blue Counties: $17,000
Participating NJHMFA Blue Counties:
- Sussex County
- Warren County
- Burlington County
- Camden County
- Gloucester County
- Salem County
- Atlantic County
- Cumberland County
- Cape May County
Contact Our NJHMFA Experts
Connect with our dedicated team of NJHMFA mortgage advisors to explore your options and let’s get you Homeward Bound!
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