NJHMFA Down Payment Assistance Program

Down payment & closing-cost help

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.

NJHFMA Map

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!

A Family

A mortgage family like no other.

Advisors is a multi-state mortgage banker that believes in delivering a seamless, stress-free mortgage experience to all of our customers.

Ready to see what you qualify for?

Talk to a local advisor or start your application online — it only takes a few minutes.