NJ HomeFirst Down Payment Assistance

New Jersey Housing & Mortgage Finance Agency

Available Down Payment

About This Program

Down payment and closing cost assistance for first-time homebuyers in New Jersey. Up to $10,000 forgivable loan, forgiven after 5 years of occupancy. Must be combined with NJHMFA first mortgage. Income limits vary by county; Union County limit is approximately $146,520.

Maximum forgivable down payment assistance loan

Key Details

  • Up to $10,000 forgivable loan
  • For first-time homebuyers
  • Forgiven after 5 years of occupancy
  • Must combine with NJHMFA first mortgage
  • Income limits apply by county

How to Apply

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

Deadline: Ongoing, 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 Summit, NJ

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