THE LEIGH AGENCY, your Trusted Choice insurance agency, is proud to bring you this public service announcement. It is also available in Spanish by contacting THE LEIGH AGENCY.
NJ HOMEBUYERS CAN GET UP TO $50,000 INTEREST FREE!
The SANDY HOMEBUYER ASSISTANCE PROGRAM will provide qualified low and moderate income borrowers with a forgivable, INTEREST-FREE loan of up to $50,000!*
• No required monthly payments
• Loan is forgiven in full after five years
HOW DO I KNOW IF I AM ELIGIBLE?
• Purchase a home in any of the nine Sandy-impacted counties: Atlantic, Bergen, Cape May, Essex, Hudson, Middlesex, Monmouth, Ocean or Union.
• Have a minimum credit score of 620.
• *HUD income limits and other restrictions apply.
Applicants must work with an approved counseling agency and must pre-qualify for a first mortgage from an HMFA-approved lender. Stop renting and get on the path to home ownership today! Visit their website and apply online! Learn more about the Sandy Homebuyer Assistance Program at www.njhousing.gov or www.renewjerseystronger.org or call 1-855-SANDYHM (726-3946).
This program is made possible by funding from the U.S. Department of Housing and Urban Development’s Community Development Block Grant Disaster Recovery Program. The Sandy Homebuyer Assistance Program fund is being administered by the New Jersey Housing and Mortgage Finance Agency (HMFA). HMFA is a self- sufficient agency of state government that is dedicated to offering New Jersey residents affordable and accessible housing. HMFA receives no state appropriation.