NJHMFA First-Time Homebuyer Down Payment Assistance (New Jersey)
New Jersey Housing and Mortgage Finance Agency (NJHMFA) · New Jersey
| Assistance type | Forgivable loan — Forgiven if you meet the terms |
|---|---|
| Amount | Up to $15,000 |
| Income limit | Not verified on the official page — check the source |
| Purchase price limit | Not verified on the official page — check the source |
| First-time buyer rule | Required |
| Status | Offered |
| Status note | Not verified on the official page — check the source |
| Details | Interest-free second loan with no monthly payments, forgiven after five years of continuous occupancy. Available in eligible counties. |
| Official source | https://www.nj.gov/dca/hmfa/homebuyers-and-renters/docs/FTHB-ConsumerFactSheet.pdf (opens in new tab) |
| Last checked | Oct 19, 2026 (automated fetch) |