The NJHMFA state-wide Down Payment Assistance Program (DPA) provides $10,000 for qualified first-time homebuyers to use as down payment and closing cost assistance when purchasing a home in New Jersey.
The DPA is an interest-free, five-year forgivable second loan with no monthly paymentTo participate in this program, the DPA must be paired with an NJHMFA first mortgage loan.
The first mortgage loan is a competitive 30-year, fixed-rate government-insured loan (FHA/VA/USDA), originated through an NJHMFA participating lender. Certain restrictions such as maximum household income and purchase price limits apply.
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Contact:
Lisa Mathews VP of Mortgage Lending M 908.358.3359 D 908.864.7995 F 908.864.7995 W crosscountrymortgage.com/Lisa-Mathews E lisa.mathews@myccmortgage.com
CrossCountry Mortgage, LLC 525 Central Avenue, Suite B Westfield, NJ 07090 Personal NMLS213477 Branch NMLS2266406 Company NMLS3029
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