Smart Start

Smart Start

We know that saving for a home purchase can be difficult. Accumulating the funds for downpayment and closing costs can be a common barrier for potential homeowners.

The Smart Start Program offers zero-interest downpayment and/or closing cost assistance for up to 4% of the first mortgage amount, with loan forgiveness for buyers who remain in their home for five years. 

Smart Start is available to participants in NJHMFA's Homeward Bound Program who are purchasing homes in Smart Growth Areas.

Want to get your homeownership journey off to a Smart Start? Contact one of NJHMFA's Participating Lenders and ask about how you can take advantage of this great program.
Get more information on our Smart Start Fact Sheet (351k PDF) or call 1-800-NJ-HOUSE.

Not sure which program is right for you?

Visit to discover all of HMFA’s available mortgage programs.

Lenders: Offer Smart Start To Your Clients

Only HMFA's Participating Lenders can offer our mortgage products.

Get on our lender list by applying today at