Access the Internet Loan Reservation System (ILRS) Here 

Note: This single link will work for those working with Single Family and Low Income Housing Tax Credits.   

Policy and Procedures for Participating Lenders

Known as the "Seller's Guide" - EFFECTIVE April 21, 2023

Policy and Procedures for Participating Lenders

Known as the "Seller's Guide" - EFFECTIVE January 9, 2023

HMFA Mortgage Schedule 

• HMFA 101 MTGSCHE2.pdf 
• HMFA 101 MTGSCHe-ExampleSchedule.pdf  

General Forms and Documents 

• Renegotiation and Extension (R&E) Process and Form 

Truth-in-Lending Statements 

• NJHMFA DPA Disclosure
• Final Truth-in-Lending Statement  
• Truth-in-Lending FAQs
    

First Time Home Buyer Program Documents 

• New Underwriting Submission Checklist  - Updated March 2023
  This checklist will replace all previously used underwriting submission checklists.  Please carefully follow the instructions provided within each document to ensure timely preclosing review of the loans delivered.  
• First-Time Home Buyer Program Closed Loan Submission Checklist  - Updated January 2022
  This checklist and the documents listed therein should be furnished simultaneously with the documentation required for purchase review. Please carefully follow the instructions provided within each document to ensure timely purchase of the loans delivered. 
• First-Time Home Buyer Program Closed Loan Submission Checklist - Updated August 2023   This checklist and the documents listed therein should be furnished simultaneously with the documentation required for purchase review. Please carefully follow the instructions provided within each document to ensure timely purchase of the loans delivered. 
• Mortgagor's Affidavit 
• Seller's Affidavit 
• Potential Recapture Tax on Sale of Home 
• Tax Exempt Financing Rider 
• Purchase Price and Income Limits Statewide Area
• Purchase Price and Income Limits Statewide Area- Effective 8/14/2023
• Purchase Price and Income Limits Urban Target Area 
• Purchase Price and Income Limits Urban Target Area - Effective 8/14/2023
• Underwriter Review Sign-Off Form 
• Authorization to release Information-QC Form 
• HMFA 101 MTGSCHE2.pdf 
• HUD's List of New Jersey Certified Housing Counselors 

Homeward Bound Program Documents 

• New Underwriting Submission Checklist  - Updated March 2023
  This checklist will replace all previously used underwriting submission checklists.  Please carefully follow the instructions provided within each document to ensure timely preclosing review of the loans delivered.
• Homeward Bound Program Closed Loan Checklist  - Updated January 2022
  This checklist and the documents listed therein should be furnished simultaneously with the documentation required for purchase review. Please carefully follow the instructions provided within each document to ensure timely purchase of the loans delivered. 
• Homeward Bound Program Closed Loan Checklist  - Updated August 2023
  This checklist and the documents listed therein should be furnished simultaneously with the documentation required for purchase review. Please carefully follow the instructions provided within each document to ensure timely purchase of the loans delivered. 
• Homeward Bound Program Check List Definitions 
  This checklist contains details of the documents required for purchase review. 
• Homeward Bound Program Income Limits 
• Homeward Bound Program Income Limits - Effective 8/14/2023
• Authorization to release Information-QC Form 
• HMFA 101 MTGSCHE2.pdf 
• HUD's List of New Jersey Certified Housing Counselors 

Smart Start Program Documents 

The NJHMFA Smart Start Program is the NJHMFA Down Payment Assistance (DPA) Program. It provides qualified buyers with up to $15,000 based upon the county of the purchase property.

• New Underwriting Submission Checklist – Updated March 2023
   This checklist will replace all previously used underwriting submission checklists.  Please carefully follow the instructions provided within each document to ensure timely preclosing review of the loans delivered.  
• Underwriter Review Sign-Off Form  
• HUD's List of New Jersey Certified Housing Counselors 

Effective November 1, 2022 new loan reservations in the following counties: Bergen, Essex, Hudson, Hunterdon, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Union please use the Smart Start DPA documents listed below.

• 15K DPA Disclosure
• 15K Final Truth in Lending (TIL) Statement
• 15K Smart Start Note
• 15K Smart Start Mortgage

Effective November 1, 2022 new loan reservations in the following counties: Atlantic, Burlington, Camden, Cape May, Cumberland, Gloucester, Salem, Sussex, Warren please use the Smart Start DPA documents listed below. These documents may also be used for loans reserved prior to November 1, 2022 regardless of the county.

• 10K DPA Disclosure
• 10K Final Truth in Lending (TIL) Statement
• 10K Smart Start Note
• 10K Smart Start Mortgage

Police & Firemen's Retirement System Loan Program Documents 

Please note all of the PFRS program documents can be found in the Internet Loan Reservation System (ILRS).

• Police & Firemen's Retirement System Post Closing Checklist - Updated January 2022
  This checklist and the documents listed therein should be furnished simultaneously with the documentation required for purchase review. Please carefully follow the instructions provided within each document to ensure timely purchase of the loans delivered. 
• Underwriter Review Sign-Off Form 

HFA Advantage Program Documents

New Underwriting Submission Checklist  - Updated March 2023
This checklist will replace all previously used underwriting submission checklists.  Please carefully follow the instructions provided within each document to ensure timely preclosing review of the loans delivered.  
HFA Advantage Closed Loan Submission Checklist - Updated May 2023
This checklist and the documents listed therein should be furnished simultaneously with the documentation required for purchase review. Please carefully follow the instructions provided within each document to ensure timely purchase of the loans delivered.
Income Limits
Income Limits - Effective 8/14/2023
Underwriter Review Sign-Off Form 
Authorization to release Information-QC Form 
HMFA 101 MTGSCHE2.pdf 
HUD's List of New Jersey Certified Housing Counselors 

Single Family Program Highlights Tool - June 2023

New to the Site Evaluator? Learn more.

Approved Participating Lender's staff shall complete all required NJHMFA training, and any training required by any Agency authorized designee and/or vendor, prior to being authorized to originate loans. The Participating Lender must send an email to SFLenders@njhmfa.gov  to schedule training.