New Jersey Housing and Mortgage Finance Agency (NJHMFA)

NJHMFA First-Time Homebuyer Mortgage Program

Up to $0 toward a down payment in NJ.

Location: NJ
Type: First mortgage
Max assistance: $0
First-time buyer: Required
Property types: Single family, Condo, Townhouse, 2–4 unit (owner-occupied), Manufactured

NJHMFA First-Time Homebuyer Mortgage Program provides qualified NJ first-time homebuyers a competitive 30-year fixed-rate government-insured loan (FHA/VA/USDA) originated through a participating lender. It is the foundational first mortgage paired with the NJHMFA Down Payment Assistance second loan (up to $15,000 forgivable) and First Generation DPA. Borrowers occupy within 60 days; income and purchase-price limits apply by county and household size.

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Short reads on how it works, in plain language. Free, no sign-up needed to read.

Free course from Hey Prescott

NJHMFA First-Time Homebuyer Mortgage Program, explained

A short, free course on NJHMFA First-Time Homebuyer Mortgage Program: what it is, who it is for, what the program sets and what your lender sets, where it applies and how to apply. Based on program data from July 2026. About ten minutes.

5 modules · About 10 minutes

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Program details are sourced from public agency data and may change. Confirm eligibility with a Hey Prescott loan officer before applying.