HFA Advantage Lower Cost PMI Eligibility Updates

May 19, 2025

Lender Bulletin 2025-08

Effected Programs: HFA Advantage

Attention Lenders:

This bulletin is to notify lenders that effective May 19, 2025, Freddie Mac will be adjusting the Lower Cost Mortgage Insurance income levels for the HFA Advantage Program.

The HFA Advantage Program Eligibility Income (AMI) limits will remain unchanged at this time.

The updated Lower Cost Mortgage Insurance income levels can be accessed via the link below and is also available on the Lender Portal under the Resources tab.

HFA Advantage Consumer Fact Sheet

Lenders may view the Seller Guide by accessing the NJHMFA website under Lender Resource Site and Lender Policy and Procedures (Seller’s Guide).

Questions? Need Help?

If you have questions about one of our loan products or need help with a loan in the Lender Portal system, please e-mail your requests to SFLenders@njhmfa.gov.

Access Forms, Checklists, Policies, Previous Lender Bulletins, and More at the Lender Resources Page: www.njhousing.gov/lenders/lenderportal

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New Jersey Housing and Mortgage Finance Agency | 609-278-7400 | NJHousing.gov