NJHMFA Down Payment Assistance

New Jersey Housing and Mortgage Finance Agency

Available Down Payment

About This Program

Down payment and closing cost assistance for first-time homebuyers purchasing in New Jersey. Available as a zero-interest second mortgage that may be forgivable after 10 years of owner occupancy.

Second mortgage forgiven after 10 years of owner occupancy

Key Details

  • Up to $10,000 for down payment and closing costs
  • For first-time homebuyers in New Jersey
  • Zero-interest second mortgage
  • Forgiven after 10 years of owner occupancy
  • Income limits apply

How to Apply

A grant-savvy contractor in Rahway, NJ can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Ongoing program, subject to funding availability

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Rahway, NJ

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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