NJHMFA Down Payment Assistance
Most Popular$10,000
Forgivable loan
New Jersey Housing and Mortgage Finance Agency offers $10,000 in DPA for eligible first-time buyers. Forgivable after 5 years of occupancy.

YOUR UNION COUNTY REAL ESTATE EXPERT
REALTOR® · Better Homes and Gardens Real Estate Elite
Licensed Real Estate Salesperson · NJ · 181 North Ave East, Cranford NJ
Union County Life's real estate content, listings, and IDX data are presented under the license and control of Viviana Zapata, REALTOR®. All property searches and listing displays on this site are Viviana's displays.
Viviana Zapata, Licensed Real Estate Salesperson. Better Homes and Gardens Real Estate Elite. 181 North Avenue East, Cranford, NJ 07016. Member NJMLS, CJMLS, GSMLS. The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 Garden State MLS. All rights reserved.
MORTGAGE TOOLS
Answer a few questions to see which New Jersey and Union County programs you may qualify for.
$10,000
Forgivable loan
New Jersey Housing and Mortgage Finance Agency offers $10,000 in DPA for eligible first-time buyers. Forgivable after 5 years of occupancy.
3.5% minimum
Low down payment
FHA loans allow down payments as low as 3.5% for buyers with credit scores of 580+. Mortgage insurance applies.
$0 down
Rural areas only
USDA loans offer 100% financing in eligible rural areas. Some parts of Union County may qualify. Income limits apply.
3% minimum
Fannie/Freddie
Fannie Mae HomeReady and Freddie Mac Home Possible allow 3% down for qualifying buyers. Income limits apply for some programs.
This tool provides estimates for informational purposes only. Program availability and income limits change. Verify current terms with NJHMFA or a licensed lender. Contact Mike Vrlaku (NMLS #179115) at New American Funding for a precise pre-qualification.