Monmouth County First Time Home Buyer Programs Program offers aid to first time home buyers:
The Monmouth County Community Development office has developed The FirstTime Homebuyers Program to assist low-income families in paying the down payment and closing costs associated with purchasing a home. This loan is inthe form of a deferred payment second mortgage not to exceed $10,000.
To get more information call (732) 431-7490 or visit their website.
This first time home buyer program is subject to change and may be discontinued. Not all first time home borrowers will qualify for the Monmouth County First Time Home Buyer Programs Program. There are other programs including the New Jersey FHA Home Loan that can help borrowers who do not have savings for a down payment and/or closing expenses.
Visit New Jersey First Time Home Buyer Programs for an extensive list of first time home buyer programs.