Thinking of buying a home? Here's how to get the most out of your purchasing power.
More people are now eligible for the New Jersey Housing and Mortgage Finance Agency's
HomeSeeker Down Payment program under new income limits for homebuyers released this month by the U.S. Department of Housing and Urban Development.
HomeSeeker provides homebuyers with a
$16,000 incentive to buy a primary residence in targeted areas in New Jersey using first mortgage financing through the NJHMFA's Homeward Bound mortgage program.
The 2017 maximum household income limits in the targeted HomeSeeker counties are:
Atlantic, Camden and Gloucester: $127,680 Essex and Union: $131,880 Passaic: $135,100
If you are a participating lender, visit our
lender resource page or contact Jim Hall, NJHMFA's Assistant Director - Single Family Programs at 609- 278-7546 or
jhall@njhmfa.gov.
