New Jersey First-Time Home Buyer Programs of 2024
Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are listed on the page. Our opinions are our own. Here is a list of our partners.
First-time home buyers in the Garden State looking for help in getting their homeownership dreams fulfilled can turn to the New Jersey Housing and Mortgage Finance Agency.
You may qualify for assistance to apply to down payment and closing costs — and receive competitive fixed-interest-rate home loans.
NJHMFA highlights and eligibility requirements
You're considered a first-time home buyer in the Garden State if you haven't owned a home in the previous three years. The New Jersey Housing and Mortgage Finance Agency offers the following programs to help you put down roots.
Highlights
30-year fixed-interest-rate programs.
Competitive interest rates.
Programs for first responders who are upgrading and downsizing, as well as first-timers.
Eligibility
Some programs have location, income and purchase price restrictions.
The home must be your primary residence.
» MORE: Tips for first-time home buyers
Mortgage loans from our partners
on New American Funding
on New American Funding
Mortgage loans from our partners
on New American Funding
on New American Funding