Grants, forgivable loans, and subsidized mortgages — many New Jersey buyers qualify for $22,000+ in assistance and don't even know it.
Find your programs →Click any program for full details, eligibility, and how to apply.
Up to $15,000 (varies by county). 0% interest, forgiven after 5 years. Fastest forgiveness in any state.
Forgivable loanHouse-hack eligibleAdditional $7,000 on top of standard DPA for first-generation buyers. Total up to $22,000.
Forgivable loanHouse-hack eligibleConventional loan with 97% financing and affordable mortgage insurance. Pairs with NJHMFA DPA.
Subsidized loan30-year fixed up to $766,550 for NJ police and firefighters with 1+ year of service. Not first-time buyer only.
Subsidized loanHouse-hack eligible3.5% down payment with 580+ credit. The most popular first-time buyer loan in America.
Subsidized loanHouse-hack eligibleZero down payment, no PMI for eligible veterans and active-duty service members.
Federal benefitHouse-hack eligibleZero down payment for rural and suburban areas. 97% of US land qualifies.
Subsidized loan3% down with reduced mortgage insurance for low-to-moderate income buyers.
Subsidized loanHouse-hack eligible3% down with flexible funding sources including gifts and employer assistance.
Subsidized loanHouse-hack eligibleNo down payment, no closing costs, no PMI, below-market rate. Character-based lending.
Nonprofit programHouse-hack eligible50% off purchase price for teachers, law enforcement, firefighters, and EMTs.
GrantThere are 4 state-specific programs and 7 federal programs available in New Jersey, totaling 11 programs.
Not all programs require first-time buyer status. Several New Jersey programs are available to repeat buyers. 'First-time buyer' means you haven't owned a home in the past 3 years.
Yes. Many DPA programs allow 1-4 unit properties. Live in one unit and rent the others — this is called house-hacking.