Qualified first-time home buyers and urban target area buyers can receive below-market interest rate financing for the purchase and rehabilitation of a home, or the rehabilitation of a presently owned home. Seventy-five percent of the home's existing external walls and interior structural framework must remain in place as part of the rehabilitation. Must meet FHA 203(K) requirements. Please see the latest income and purchase price limits.
Further detail is available on our Fact Sheet or call 1-800-NJ-HOUSE.
