Good news! The Atlantic County, NJ grant program is now funded with grants available of up to $10,000 for first time home buyers! All funds are forgiven after 5 years. This programs does not work for everyone so I’ve outlined the key requirements below. You will need to be pre-qualified by an a approved mortgage company. My preferred lenders are on stand by to help qualify potential first time home buyers asap and get them qualified to receive the grant money.
Eligible Applicants:
HOUSEHOLDS
- Who have resided in Atlantic County for the last 12 months or are employed in Atlantic County.
- Who have not owned a home for the last three years.
- With acceptable credit history and the ability to obtain an approved mortgage.
- With incomes below 80% of Median income:
These income levels are (2015):
| # of Household Members | 80% of Median Income | |
| 1 Person. | $37,600 | |
| 2 Persons | $43,000 | |
| 3 Persons | $48,350 | |
| 4 Persons | $53,700 | |
| 5 Persons | $58,000 | |
| 6 Persons | $62,300 | |
| 7 Persons | $66,600 | |
| 8 Persons | $70,900 | |
If you or someone you know may be eligible to qualify for this grant please call me for more details at 609-338-3773. Time is limited and funds are usually gone in a few months so please call me now. Matt
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