The NJHMFA state-wide 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, Available for Freddie Mac, FHA & VA 3% Down for Freddie Mac & FHA. 0% Down for VA.