NJHMFA Mortgage Schedule Form 101
This bulletin details the recent change effective immediately on the NJHMFA Mortgage Schedule Form 101. Participating Lenders must list their HMFA Seller Servicer Number at the top of the form. The NJHMFA Seller Servicer Number is a 3 or 4 digit number that is assigned to each NJHMFA Participating Lender.
Partial Payments Reminders
This is a reminder that NJHMFA does not accept partial payments. Please remove the following language from the CD or ensure that the box remains unchecked on the CD that states: “We do not accept partial payments, if this loan is sold, your new lender may have a different policy.”