Buyer Programs & Grants - Monmouth County, NJ

Financial assistance programs for first-time homebuyers

Numerous programs help first-time buyers afford homes in Monmouth County, NJ. As your homebuyer specialist serving Monmouth County, Ocean County, and Middlesex County, I connect you with grants, loans, and assistance programs throughout New Jersey. Down payment assistance and low-interest loans make homeownership possible in Marlboro, Manalapan, Freehold, and Holmdel.

First-Time Homebuyer Programs - Chris Burns Realtor Monmouth County

💰 First-Time Buyer Loan Programs Comparison

Compare down payment requirements and key benefits on a $400,000 home

Program Down Payment $ Amount Credit Score PMI? VA Loan (Veterans & Military) ⭐ BEST DEAL 0% $0 620+ NO ✓ USDA Loan (Rural/Suburban Areas) Income limits apply 0% $0 640+ YES FHA Loan (Federal Housing Admin) Low credit OK 3.5% $14,000 580+ YES Conventional 97 (Fannie Mae/Freddie Mac) First-time buyers 3% $12,000 620+ YES HomeReady/ Home Possible Income limits 3% $12,000 620+ YES Conventional 20% Down Standard loan 20% $80,000 620+ NO ✓ 💡 Key Takeaway for First-Time Buyers: You don't need 20% down! Programs starting at 0-3.5% down make homeownership accessible NOW. Chris Burns helps you find the best program for YOUR situation.

*PMI = Private Mortgage Insurance (adds ~$100-200/month). Down payment amounts based on $400K home purchase.

FHA Loans

Low down payment (3.5%) for Monmouth County buyers. Flexible credit requirements and competitive rates throughout New Jersey home purchases.

VA Loans

Zero down payment for veterans in Monmouth County. No PMI and competitive rates throughout New Jersey for military families.

USDA Loans

Zero down payment for rural areas in Monmouth County. Income limits apply for eligible New Jersey properties outside cities.

NJ Housing Authority

Down payment assistance programs in Monmouth County. First-time buyer grants and low-interest loans throughout New Jersey.

Conventional 97

Just 3% down for first-time buyers in Monmouth County. Fannie Mae and Freddie Mac programs throughout New Jersey markets.

HomeReady & Home Possible

Low down payment with income limits in Monmouth County. Flexible guidelines for first-time buyers throughout New Jersey.

Local Municipality Programs

City and county assistance in Monmouth County. Check local programs for additional New Jersey homebuyer grants.

Teacher Next Door

Special programs for educators in Monmouth County. Down payment assistance for teachers throughout New Jersey schools.

Good Neighbor Next Door

HUD program for public servants in Monmouth County. 50% discount for police, firefighters, teachers throughout New Jersey.

Find Programs You Qualify For in Monmouth County

I'll help you navigate available grants and assistance programs throughout New Jersey.

Call Now: (973) 953-5573 Request Program Information