First-Time Homebuyer Program offers cost assistance

Date:

Share post:

First-time homebuyers may be eligible to receive financial assistance for purchasing a house through the Mercer County First–Time Homebuyer Program.

Interested homebuyers can learn more at workshops scheduled for April May, September and October.

The program assists income-eligible applicants by contributing up to $7,000 toward down payment and closing costs.

Eligibility for assistance is based on family size and income.

At the workshop, Participating lenders will discuss the mortgage process and help applicants determine their mortgage eligibility based on income, credit rating and current monthly expenses.

To receive assistance through the Mercer County First-Time Homebuyer Program, applicants must participate in a Homebuyer Training Course, cannot have owned a home within the past three years—unless that person is a single parent or displaced homemaker—and cannot own other real estate at the time of closing.

Potential buyers can shop for homes in East Windsor, Ewing, Hamilton, Hightstown, Hopewell Borough, Hopewell Township, Lawrence, Pennington, Princeton, Robbinsville and West Windsor.

Workshops are scheduled to begin at 6:30 p.m.

The first workshop is set for April 8 at the Mercer County Library, Lawrence Headquarters Branch, 2751 Brunswick Pike, Lawrenceville.

May 8 and Sept. 19 sessions are set for Hamilton Township Free Public Library, 1 Justice Samuel A. Alito Jr. Way, Hamilton.

Oct. 16 workshop is set for Mercer County Library, Lawrence Headquarters Branch.

More information is online at mercercounty.org.

Related articles

New Support Program at Capital Health Helps Women Navigate Healing and Intimacy After Cancer Treatment

This sponsored content provided by Capital Health While cancer treatment can be lifesaving, experts at Capital Health Cancer Center...

Lawrence Council approves funding for 2026 road program

The Lawrence Township Council has approved an ordinance appropriating $2.4 million in capital improvement funds for the township's...

Former Lawrence Junior Cardinals treasurer charged with misappropriation of funds

The former treasurer of the Lawrence Junior Cardinals youth football and cheerleading organization has been charged with misappropriation...

I-295 off-ramp at Route 206 closed for construction of noise barrier

The off-ramp at Exit 69B on I-295 has been closed by the New Jersey Department of Transportation in...