Time/Date: Thursday, March 5th @ 6:00pm
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 first mortgage loan is a competitive 30-year, fixed-rate government-insured loan, originated through an NJHMFA participating lender. Certain restrictions such as maximum household income and purchase price limits apply. View the income and purchase price limits here.
Our NJHMFA's participating lender will help walk you through program qualification details including income and purchase price limits, and help you complete the application process.
Do I Qualify for This Program?
Are you a first-time homebuyer with a credit score of 620 or greater?
You're considered a first-time homebuyer if you have not owned a home within the previous three years.
Are you planning to purchase a home in New Jersey?
This program applies to homes to be used as a primary residence in all
Counties of New Jersey.
If Your credit is under 620 or you don't know your credit, stop by we'll have a mortgage representative onsite who can help with other mortgage programs and/or credit repair.
If you answered YES to the questions above, Register for our FREE seminar below
Lender, Lawyer & Realtors on hand to answer all your questions.
Location: BHHS Zack Shore REALTORS
1031 Lacey Road
Forked River, NJ 08731
Time/Date: Thrusday, March 5th @ 6:00pm
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