NJHMFA HFA Advantage Mortgage Program

Administered by: New Jersey Housing and Mortgage Finance Agency · State · Government-Insured Mortgage

Funding status: Active

How much assistance

Competitive 30-year fixed-rate conventional mortgage (Government-Insured Mortgage)

Income limits: Must not exceed 80% of area median income for most areas; higher limits may apply in targeted areas
First-time buyer required: No
Credit score minimum: 620
Geographic restrictions: Must purchase a home in New Jersey
Homebuyer education required: Yes

Step 1: Contact an NJHMFA participating lender through theroadhomenj.com. Complete homebuyer education. Can be paired with NJHMFA DPA.

Conventional loan option with affordable mortgage insurance and low down payment. Not limited to first-time buyers. Can be combined with NJHMFA DPA.