Buying a home is exciting. Which neighborhood? Ranch or two-story? Attached garage or screened in porch? Lots of decisions. First-time homebuyers in New Jersey think about all of these things and more.

But you need to start at the beginning, and the beginning, especially for first-time home buyers, means understanding how much house you can afford today, as well as a few years down the road. Your local loan officers can help you figure that out.

We take care to ensure that first-time homebuyers in New Jersey, New York and Pennsylvania understand ALL of their options. There are many different loan programs that a first-time buyer may qualify for at the national, state and local levels. We can make you aware of the ones that might be right for you, including:

Fannie Mae HomePath is a national program offering assistance with closing costs to first time home buyers after completion of an online homeownership preparedness course https://www.homepath.com/ready_buyer.html

The New Jersey Housing & Mortgage Finance Agency has a First Time Home Buyer Program that offers below market, fixed interest rate loans to New Jersey first-time home buyers based on certain criteria: (http://www.nj.gov/dca/hmfa/media/download/buyer/hb_firsttimebuyer_fs.pdf)

For first-time buyers in New York City, the HomeFirst downpayment assistance program offered by the New York City Department of Housing Preservation and Development may be a good option. http://www1.nyc.gov/site/hpd/owners/homeowner-downpayment-assistance.page.