Important Sub-servicing Information for NJHMFA Loans

February 25, 2025

Lender Bulletin 2025-03

Important Sub-servicing Information

for NJHMFA Loans

Effected Programs: All

Attention Lenders:

As previously announced in Lender Bulletins 2024-22 and 2025-01, NJHMFA loans are now sub-serviced with LoanCare.

Below is a reminder of changes and adjustments needed to all applicable documentation to ensure compliance and accurate servicing of the borrowers loan. In addition, the updated HUD number for LoanCare is 70101.

The Seller Guide has been updated to reflect the correct Mortgagee Clause in Chapters 8, 9 and 10 and in the Appendix.

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