NJHMFA Down Payment Assistance Program
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 paymentTo 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 (FHA/VA/USDA), originated through an NJHMFA participating lender. Certain restrictions such as maximum household income and purchase price limits apply. For more information, contact an NJHMFA participating lender below.
Do I Qualify for This Program?
Are you a first-time homebuyer?
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.
Ready to Get Started?
Lisa Mathews
VP of Mortgage Lending
M 908.358.3359
D 908.864.7995
F 908.864.7995
W crosscountrymortgage.com/Lisa-Mathews
E lisa.mathews@myccmortgage.com
CrossCountry Mortgage, LLC
525 Central Avenue, Suite B
Westfield, NJ 07090
Personal NMLS213477
Branch NMLS2266406
Company NMLS3029
