See If You May Qualify for
Up to $22,000
NJHMFA offers eligible New Jersey first-time and first-generation homebuyers assistance toward down payment and closing costs.
- Up to $22,000 toward down payment and closing costs
- Five-year forgivable loan, subject to program requirements
- Free personalized eligibility review with no obligation
100%
Free Review
No
Obligation
Fast
Response
Assistance varies by county and is subject to NJHMFA eligibility, income limits, purchase-price limits, credit approval and program availability.
Check Your NJHMFA Eligibility
Answer a few quick questions and Josh will review your options.
NJHMFA Down Payment Assistance – Quick Overview
A New Jersey state-backed program that provides up to $22,000 in assistance to eligible first-generation home buyers.
Up to $22,000 Available Through NJHMFA*
This assistance is a 5-year forgivable loan — if you remain in your home as your primary residence, you may never have to repay it.
*Subject to eligibility, income limits, and program availability.
Designed specifically for first-generation home buyers in New Jersey
Up to $22,000 in down payment and closing cost assistance
5-year forgivable loan — forgiven as long as you stay in the home
Paired with a 30-year fixed-rate NJHMFA first mortgage
Want to see how this could work for you?
NJHMFA Down Payment Assistance Program Highlights
WHO QUALIFIES
- First-generation home buyers in New Jersey
- Neither you nor your parents currently own a home
- Must use the home as your primary residence
- Must meet NJHMFA income and purchase price limits
- Must pair with an NJHMFA first mortgage
UP TO $22,000
What does this mean?
The NJHMFA DPA provides up to $22,000 to cover your down payment and closing costs — helping you get into your home with little to nothing out of pocket.
HOW IT WORKS
The Assistance
Up to $22,000 forgivable loan for down payment & closing costs — forgiven over 5 years
The Mortgage
Paired with a 30-year fixed-rate NJHMFA first mortgage for a complete, affordable home financing solution
County Assistance Breakdown
The amount you receive depends on which county your home is in
| County | Smart Start DPA | First-Gen Buyer | Total |
|---|---|---|---|
| Bergen, Essex, Hudson, Hunterdon, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Union | $15,000 | $7,000 | $22,000 |
| Atlantic, Burlington, Camden, Cape May, Cumberland, Gloucester, Salem, Sussex, Warren | $10,000 | $7,000 | $17,000 |
*Loan is forgiven over 5 years, as long as the borrower remains in the property as their primary residence. If the home is sold, transferred, or no longer serves as the borrower's primary residence, the unforgiven funds will become due and payable. Subject to credit approval, income limits, purchase price limits, and program availability.
How NJHMFA Can Help You
For eligible first-generation buyers, this program can make the difference between buying and waiting.
Get Into Your First Home
The biggest barrier to homeownership is usually the down payment. NJHMFA helps bridge that gap so you can stop renting and start building equity.
Reduce Out-of-Pocket Costs
Up to $22,000 toward your down payment and closing costs means more of your savings stay in your pocket after closing.
Forgiven Over Time
The assistance is structured as a forgivable loan — stay in your home as your primary residence for 5 years and you may never repay it.
State-Backed Program
NJHMFA is a New Jersey state agency. This isn't a marketing gimmick — it's a real government program with real eligibility guidelines.
How It Works
A straightforward process from inquiry to closing.
Submit Your Information
Complete the short form on this page. It takes about 2 minutes and there's no obligation.
Get Your Review
Your loan officer will review your information and confirm whether you may qualify for NJHMFA assistance.
Explore Your Options
If eligible, you'll get a clear picture of how much assistance you may receive and what your mortgage could look like.
Move Forward With Confidence
Once approved, the assistance is applied at closing — directly reducing your out-of-pocket costs.
NJ program — check your eligibility now
See If You Qualify for Up to $22,000
Takes just a few minutes. No obligation. We'll review your NJHMFA eligibility and get back to you fast.
Subject to income limits, purchase price limits, and NJHMFA program availability.
Josh Blair
Branch Manager · NMLS# 241845
CMG Home Loans · NMLS# 1820
Why Work With Us
We don't just hand you a rate sheet. We help you understand your real options.
Licensed Mortgage Professionals
Work with licensed, experienced loan officers who know the NJHMFA program inside and out.
Personalized Guidance
No cookie-cutter advice — your situation gets a real review.
Local Expertise
We know the New Jersey markets you're shopping in and the programs available there.
Support Start to Closing
We're with you from your first question through the day you get your keys.
Frequently Asked Questions
Program details subject to change. Confirm current limits with your loan officer.
Check Your NJHMFA Eligibility Today
Find out if you qualify for up to $22,000 toward your down payment and closing costs. Fill out the form and Josh will reach out to walk through your options.