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It’s back! The HomeSeeker Downpayment assistance program has funds available now to issue $10,000 grants to first time home buyers. These grants are only for the following counties: Atlantic, Burlington, Camden, Essex, Gloucester, Mercer, Passaic and union. homeseeker loans are only available to eligible homebuyers who obtain first mortgage financing through the New Jersey Housing and.
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The New Jersey Housing and mortgage finance agency (njhmfa) provides a variety of programs to help prospective homebuyers purchase a home. NOT SURE WHERE TO START? Visit TheRoadHomeNJ.com to see all our homebuyer programs , and get our FREE guide to the NJ homebuying process!
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The NJHMFA Down Payment Assistance Program (DPA) provides $10,000 for qualified first-time homebuyers to use as down payment and closing cost assistance when purchasing a home in New Jersey. The DPA is an interest-free, five-year forgivable second loan with no monthly payment. To participate in this program, the DPA must be paired with an NJHMFA first mortgage loan.
The NJHMFA state-wide Down Payment Assistance Program (DPA) provides $10,000 for qualified first-time homebuyers to use as down payment and closing cost assistance when purchasing a home in New Jersey. The DPA is an interest-free, five-year forgivable second loan with no monthly payment.. To participate in this program, the DPA must be paired with an NJHMFA first mortgage loan.