The New Jersey Housing and Finance agency recently released a new grant program for first time home buyers and veterans in Atlantic, Camden, Essex, Gloucester, Passaic and Union County. The grant program covers up to $16,000 for down payment and closing costs assistance.
To qualify your household income must fall below these maximums? Atlantic, Camden & Gloucester County: $127,680
Essex & Union: $131,880
Passaic: $135,100
Your home’s purchase price must fall below these maximums?
Existing One-Family Homes:
$437,349
Existing Two- to Four-Family Homes: $559,854
To qualify you must use a mortgage company that is registered with the New Jersey Housing and Finance agency. Contact me for a recommended list of approved local lenders to take advantage of this great program while funds are still available.
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