Thank you for your interest in the NJ HomeSaver Program.
The New Jersey Housing and Mortgage Finance Agency has created the New Jersey Home Saver Program to leverage Hardest Hit Fund funds to facilitate a refinance, recast, or permanent modification of the first mortgage loan through a principal reduction and/or reinstatement payment to bring the household monthly payment to an affordable level.
The State of New Jersey, the Department of Community Affairs and the New Jersey Housing Mortgage
Finance Agency remain committed to assisting New Jersey homeowners avoid foreclosure and therefore encourage you to visit
the website at www.njhousing.gov for further housing assistance and/or to visit a
HUD certified Housing Counseling Agency located within your area. A list of HUD Counseling Agencies can be located on the
The program is funded through a federal grant from the United States
Hardest Hit Fund, awarded to
states most impacted by unemployment and underemployment. The New Jersey
Housing and Mortgage Finance Agency (NJHMFA) is the official administrator of the program for
State of New Jersey.