njhousing.gov

Welcome
New Jersey
Home Buyers!

Find Out How You Can Get $10,000
Toward Your Home Purchase!

NJHMFA: Providing $10,000 in down payment and closing cost assistance
NJHMFA's Downpayment Assistance Programs

First-Time Homebuyers:
Get $10,000 Toward Your Home Purchase!

NJHMFA's Down Payment Assistance Program:
These Interest-Free, Forgivable Funds Can Help Cover Your Down Payment and Closing Costs

NJHMFA's Mortgage Programs

NJHMFA's Mortgage Programs

New Jersey Housing and Mortgage Finance Agency's Mortgage Programs
Serve Buyers in All New Jersey Counties

NJHMFA's Down Payment Assistance Program

State-Wide Down Payment and Closing Cost Assistance for Homes
Located in New Jersey

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.

NJHMFA's participating lenders are the best representatives to help walk you through program qualification details including income and purchase price limits, and help you complete the application process. Click here to find an NJHMFA participating lender..

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 any New Jersey county.

If you answered YES to the questions above, contact one of NJHMFA's participating lenders
and ask for an NJHMFA Down Payment Assistance Program loan today!

NJHMFA's Mortgage Programs

The New Jersey Housing and Mortgage Finance Agency's Mortgage Programs
Serve Buyers in All New Jersey Counties

NJHMFA's First-Time Homebuyer Mortgage Program is open to first-time homebuyers. It is the foundation program for all NJHMFA Down Payment Assistance Program participants.

NJHMFA's First-Time Homebuyer
Mortgage Program

This program is open to qualified first-time homebuyers and provides a 30-year, fixed-rate government insured loan. It is the required foundational program for all NJHMFA Down Payment Assistance program participants.

NJHMFA's Police and Firemen's Retirement System mortgage program is open to active members of the New Jersey Police and Firemen's Retirement System (PFRS) with one year of creditable service.

Police and Firemen's Retirement System
Mortgage Program

This program is open to active members of the New Jersey Police and Firemen's Retirement System (PFRS) with one year of creditable service who seek to buy a home (first-time buyers or trade up/trade down) or refinance an existing home. 

NJHMFA's First-Time Homebuyer Mortgage Program

This program is open to qualified first-time homebuyers and provides a 30-year, fixed-rate government insured loan. It is the required foundational program for all
NJHMFA Down Payment Assistance Program participants.

Buying your first home? 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.


Do You Need Down Payment and Closing Cost Assistance? NJHMFA's First-Time Homebuyer Mortgage Program is the foundational mortgage program that can be combined with the NJHMFA Down Payment Assistance Program, to provide 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. 

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 any New Jersey county.

If you answered YES to the questions above, contact one of NJHMFA's participating lenders and
ask for an NJHMFA First-Time Homebuyer Mortgage Program loan today!

NJHMFA's Police and Firemen's Retirement System Mortgage Program

This program is open to active members of the New Jersey Police and Firefighter Retirement System (PFRS) with one year of creditable service who seek to buy a home
(first-time buyer, trade up or trade down) or refinance an existing home

Active members of the New Jersey Police and Firemen's Retirement System (PFRS) with one year of creditable service are eligible for this program. The interest rate is 30-year fixed. Members may buy a home as a first-time buyer, trade up or trade down, or refinance an existing home. 

Do I Qualify for This Program?

Are you an active member of the New Jersey Police and Firemen's Retirement System Program with one year of creditable service? 


Is your home's purchase price below $453,100?

If you answered YES to the two questions above, contact one of NJHMFA's participating lenders 

and ask for an NJHMFA Police and Firemen's Retirement System loan today!

NJHMFA's First-Time Homebuyer Mortgage Program & Down Payment Assistance Program Participating Lenders

Lender NamePhone NumberRanked in Order of Activity
(#1 = Most Active)
Finance of America (formerly Gateway Funding)(800) 355-56261
Acre Mortgage(856) 810-10002
Gateway Mortgage Group(856) 810-12223
Republic Bank(856) 988-81004
Caliber Home Loans(848) 200-17005
Atlantic Home Loans(877) 598-65006
Family First Funding(800) 542-78957
Meridian Mortgage(609) 241-70288
NJ Lenders Corp(732) 389-9898 x61439
Pulte Mortgage(800) 426-889810
Bond Street Mortgage(888) 588-552211
CrossCountry Mortgage(201) 930-030012
Draper & Kramer Mortgage Corp.(609) 415-626013
Greentree Mortgage(800) 524-109814
Greenway Mortgage Funding(732) 832-296715
Investors Home Mortgage(973) 376-810016
loanDepot (609) 454-348217
NVR Mortgage(856) 770-900818
Union Home Mortgage(732) 375-916219
Valley National Bank(800) 225-585920
Guaranteed Rate(609) 481-365121
Trident Mortgage Company(610) 889-760022
Get A Rate, LLC(866) 955-565523
Fairway Independent Mortgage Corporation(609) 448-562624
Allied Mortgage Group, Inc.(856) 782-274025
Evesham Mortgage, LLC(856) 985-994426
Cardinal Financial Company, LP(855) 561-494427
The Money Store(973) 805-200028
NFM, Inc.(800) 233-009229
1st Colonial Community Bank(856) 869-325030
Franklin American Mortgage(856) 762-170331
Advisors Mortgage Group(732) 292-313332
Eagle Home Mortgage(856) 267-019233
Fulton Bank NA(848) 299-034334
First Alliance Home Mortgage(732) 582-333835
Mortgage Network Inc.(862) 240-343636

Police and Firemen's Retirement System Mortgage Program Participating Lenders

Lender NamePhone NumberRanked in Order of Activity
(#1 = Most Active)
Wells Fargo(866) 316-88161
NJ Lenders Corp.(732) 389-9898 x61432
Finance of America (formerly Gateway Funding)(800) 355-56263
Investors Home Mortgage(973) 376-81004
Republic Bank(856) 988-81005
Valley National Bank(800) 225-58596
Acre Mortgage(856) 810-10007
NVR Mortgage(856) 770-90088
Atlantic Home Loans(877) 598-65009
Caliber Home Loans(848) 200-170010
loanDepot (609) 454-348211
Gateway Mortgage Group(856) 810-122212
Pulte Mortgage(800) 426-889813
Greentree Mortgage(800) 524-109814
Meridian Mortgage(609) 241-702815
Guaranteed Rate(609) 481-365116
Trident Mortgage Company(610) 889-760017
Allied Mortgage Group, Inc.(856) 782-274018
Family First Funding(800) 542-789519
Bond Street Mortgage(888) 588-552220
Draper & Kramer Mortgage Corp.(609) 415-626021
Greenway Mortgage Funding(732) 832-296722

Need Help with the Homebuying Process?

Download Our FREE Guide for the NJ Homebuyer

Buying a house is a big step – and deciding where to live is
one of the biggest decisions you will ever make. 

The New Jersey Housing and Mortgage Finance Agency
(NJHMFA) presents The Road Home New Jersey: A Guide for the New Jersey Homebuyer, to help you navigate your
way to affordable homeownership.

The guide presents info from a number of reputable sources to provide you with the most reliable and accessible tools to enable you to make the right home purchase decision.


Download the guide today! Available as a PDF in ENGLISH and ESPAÑOL.

The Road Home New Jersey: A Guide for the NJ Homebuyer - FREE

Who is NJHMFA?

We Are The Road Home New Jersey


The New Jersey Housing and Mortgage Finance Agency (NJHMFA) is dedicated to increasing the availability of safe, decent, affordable and accessible housing for New Jersey residents.


We know that buying a home can be the single largest investment of a lifetime, and so we created The Road Home New Jersey to provide a roadmap for homebuyers to learn about the home purchase process as well as our available programs.


We are a financially self-supporting affiliate of the New Jersey Department of Community Affairs, and have helped more than 115,000 New Jersey residents become homeowners since 1967. 


We are proud to assist our residents in their homebuying journey; We are proud to be The Road Home New Jersey.

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