New Jersey · Subsidized loan

NJHMFA Police & Fire Retirement

Up to $766,550 at competitive rate

30-year fixed up to $766,550 for NJ police and firefighters with 1+ year of service. Not first-time buyer only.

NJHMFA provides enhanced DPA for New Jersey police officers and firefighters. New Jersey's high cost of living makes it difficult for public safety workers to afford homes in the communities they serve. This program helps close that gap.

AmountUp to $766,550 at competitive rate

TypeSubsidized loan

Available inNew Jersey

First-time buyer requiredNo

Minimum credit score620

Multi-unit eligibleYes — 1-4 units

House-hack eligible

This program can be used on 1-4 unit properties. Live in one unit, rent the others.

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NJHMFA HFA Advantage 97% financing + affordable MI + DPA eligible

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