The New Jersey Housing and Mortgage Finance Agency’s (NJHMFA) First-Time Homebuyer Mortgage Program provides qualified New Jersey first-time homebuyers with a competitive 30-year, fixed-rate government-insured loan originated through an NJHMFA participating lender.

The First-Time Homebuyer Mortgage Program is the foundational mortgage
program that can be combined with the NJHMFA Down Payment Assistance
Program, which provides qualified buyers with $10,000 as an interest-free,
five-year forgivable second loan with no monthly payment that can be used
to cover down payment and closing costs.

For details and assistance in understanding the benefits, limits and
requirements, and to find a home that’s perfect for you, call us at (856) 858-