HMFA Mortgage Programs

Benefits of an HMFA Mortgage

  • Competitive, 30-year fixed interest rates.
  • Downpayments of as little as 3.5%.
  • Downpayment and closing cost assistance available with conventional, FHA, VA, or USDA loan types.
  • Seller's concessions of up to 3% permitted.
  • Certain closing costs can be gifted by family members, non-profit organizations or government agencies.
  • Unlike most lenders who sell their loans to other parties, HMFA retains the servicing for the life of the loan.
  • If you’re building a home, HMFA offers a longer rate lock for no extra fee.
  • Choose from our extensive list of lenders.
  • HMFA cares about you, the homebuyer, and has your best interests in mind.

READ more information about the different mortgage programs offered by the HMFA.





Link to Newsroom New Jersey Housing and Mortgage Finance Agency