Buying your first home is exciting — and can feel overwhelming. AI REMCO L.L.C. guides first-time buyers through every step, from special programs and down-payment assistance to available mortgage programs.
Low down payment
Down payment requirements differ by program, borrower eligibility and lender requirements.
Down payment assistance
State programs to help with upfront costs.
Education & guidance
Guidance through every step of the process.
First-time programs
Special programs exclusively for new buyers.
New Jersey first-time buyer programs
New Jersey offers several programs to help first-time buyers with down payment assistance, reduced rates, and other benefits — which must be obtained through participating lenders. Ask the program administrator about current eligibility and lender participation; availability through Ai Remco is not assured.
NJHMFA first-time homebuyer program
NJHMFA offers homebuyer and assistance programs through participating lenders. Current amounts, income limits, purchase-price limits and other eligibility requirements are set by NJHMFA. Describing a program does not mean Ai Remco can originate it.
Down payment assistance
NJHMFA assistance may include a subordinate loan with occupancy and forgiveness conditions. Review the current program documents and participating-lender requirements with NJHMFA before relying on assistance.
Who counts as a first-time buyer?
Generally, you qualify if you haven't owned a home in the past three years — so even prior owners may re-qualify.
Your home-buying journey
Steps to your first home
- Check your credit score and review your report
- Calculate your budget and what you can afford
- Get a pre-assessment to know your buying power
- Find an agent and start house hunting
- Make an offer on your dream home
- Complete the application and underwriting
- Close on your new home — and get the keys
What you'll need
- 2 years of W-2s or tax returns
- Recent pay stubs (last 30 days)
- Bank statements (2–3 months)
- Valid photo ID
- Documentation of down-payment funds
- Gift letter (if receiving gift funds)
Questions, answered
New Jersey counties where borrowers use this program
AI REMCO L.L.C. is a licensed New Jersey mortgage broker serving borrowers throughout the state. These county pages explain how this program fits local property types, price ranges and municipalities.
- Warren County, NJ
Warren County is a common entry point for first purchases in northwestern New Jersey.
- Somerset County, NJ
Somerville, Manville and Bound Brook are frequent first-purchase markets.
- Sussex County, NJ
Sussex remains one of northern New Jersey's more accessible entry markets.
- Essex County, NJ
Essex County is one of New Jersey's busiest first-purchase markets.
- Union County, NJ
Union County is one of the state's busiest first-purchase markets.
- Middlesex County, NJ
Middlesex is one of the state's busiest first-purchase markets.
- Monmouth County, NJ
Active first-purchase markets in Neptune, Long Branch, Keyport and Freehold Borough.
- Hudson County, NJ
A large share of Hudson County purchases are first purchases.
- Passaic County, NJ
The southern county is an active first-purchase market.
- Mercer County, NJ
Strong first-purchase activity throughout the county's mid-priced towns.
- Burlington County, NJ
Burlington County remains one of South Jersey's more accessible markets.
- Camden County, NJ
Camden County is one of South Jersey's most active first-purchase markets.
- Cumberland County, NJ
Cumberland County is one of the state's most accessible entry markets.
Every county we serve is on our New Jersey page.
Ready to buy your first home?
Get a no-obligation consultation and a pre-assessment estimate of what you may be able to borrow.