Down payment assistance is money from a housing agency, or a program that works with government agencies, toward your down payment and, in some programs, closing costs, usually as a second loan with its own terms. We offer national down payment assistance programs to buyers across New Jersey. New Jersey Housing and Mortgage Finance Agency (NJHMFA) programs are offered only through lenders NJHMFA approves as participating lenders, and Fidelity Residential is not an NJHMFA participating lender at this time.
See what fits, then talk it through.
Fidelity Residential · NMLS #103098 · Equal Housing Lender
Fidelity Residential is a direct mortgage lender licensed in New Jersey under a Residential Mortgage Lender License. Our New Jersey office is at 121 NJ-36, Suite 230, West Long Branch, and our licensed branch is at 1 Yorktowne Drive, Manalapan (branch NMLS ID #2103558).
NJHMFA offers its homebuyer programs through participating lenders. A licensed loan officer checks which national program fits the home you are buying and your household before you make an offer.
Each program sets its own rules on income and price by county, and NJHMFA publishes the current figures. These programs are offered through NJHMFA participating lenders; Fidelity Residential is not an NJHMFA participating lender at this time, so we cannot offer them yet.
For first-time buyers of a main home anywhere in New Jersey, toward the down payment and closing costs, used with an NJHMFA first mortgage; forgiven after five years if you keep living in the home and do not refinance or sell. NJHMFA’s site (opens in a new tab).
For first-time buyers whose parents or guardians own no home or other residential property, or anyone who has ever been in foster care in New Jersey, on top of the down payment assistance.
Fixed-rate first mortgages for first-time buyers, government-insured or conventional, with income and price limits by county. In an Urban Target Area the limits are higher, and buyers there do not need to be first-time buyers.
Yes, national down payment assistance programs; NJHMFA programs not yet, because Fidelity Residential is not an NJHMFA participating lender at this time. Fidelity Residential is a dba of PFN Lending Group, Inc. (NMLS #103098), which holds a New Jersey Residential Mortgage Lender License. You can check it on NMLS Consumer Access (opens in a new tab).
Our office is at 121 NJ-36, Suite 230, West Long Branch, NJ 07764, and our licensed branch is at 1 Yorktowne Drive, Manalapan, NJ 07726. Call 732-686-9999 to talk with a licensed loan officer.
Not yet. NJHMFA programs, including the Down Payment Assistance Program and the First Generation Homebuyer program, are offered only through NJHMFA participating lenders, and Fidelity Residential is not an NJHMFA participating lender at this time. We offer national assistance programs, and a loan officer checks which one fits your household and the home.
No. It is usually a second loan with its own terms, either repaid or, if you meet the program’s conditions, forgiven.
NJHMFA publishes its current figures by county on its site (opens in a new tab), and your loan officer checks them for the home you are buying.
Get a quote online, or call and check the programs with a licensed loan officer.
This page is general information, not a commitment to lend. Programs, terms and eligibility depend on credit, income, property and underwriting review and are subject to change without notice.
Reviewed by Robert Shamie, CEO, NMLS #241428 · Last reviewed:
Fidelity Residential (PFN Lending Group, Inc., NMLS #103098) is a direct mortgage lender licensed in 40 states and the District of Columbia, with 26 years in business.