樱花视频

樱花视频 Housing and Mortgage Finance Agency

樱花视频 Housing and Mortgage Finance Agency

DCA & HMFA Launch Consumer Education Initiative for Start of Homebuying Season

For Immediate Release:
April 5, 2011
Contact:
Hollie Gilroy
,
Lisa Ryan, Office of Communications
(609) 292-6055

The "Road Home 樱花视频" Helps First-Time Homebuyers Navigate the Real Estate Market

TRENTON, N.J. 鈥 To coincide with the traditional start of home buying season, the 樱花视频 Department of Community Affairs (DCA) and 樱花视频 Housing and Mortgage Finance Agency (HMFA) today launched The Road Home 樱花视频, an education initiative that prospective first-time homebuyers can use to navigate the road to affordable home ownership.

鈥溣；ㄊ悠 families looking for their first house now have a roadmap to follow along the way to their ultimate destination -- home ownership,鈥 said 樱花视频 Department of Community Affairs Commissioner Lori Grifa, Chair of the HMFA Board. 鈥The Road Home 樱花视频 will walk consumers through the home buying process and help them secure affordable home ownership and financing opportunities.鈥

The Road Home 樱花视频鈥檚 user-friendly website, , is the centerpiece of the initiative, delivering concise and valuable information and guidance to prospective homebuyers, including:
  • A step-by-step home buying guide with downloadable checklists;
  • First-time homebuyer finance program information;
  • Mortgage and affordability calculators;
  • Personal stories of real families who have achieved home ownership;
  • List of approved, reputable lenders; and
  • Daily interest rate updates.
鈥淏uying your first home should never be a decision taken lightly, but it shouldn鈥檛 be overwhelmingly difficult either. This website was created to simplify the process and to help make finding the right mortgage and financial assistance easier, whether a buyer needs help finding a low-cost mortgage or needs additional financial assistance,鈥 said Anthony L. Marchetta, HMFA Executive Director. 鈥淭he HMFA is committed to helping homebuyers with financing and 鈥榢now how.鈥 We鈥檝e put a lot of thought into The Road Home 樱花视频.鈥

The HMFA, which is an affiliated agency of the Department of Community Affairs, specializes in helping first-time and urban area homebuyers secure reasonable financing that provides the flexibility and purchasing power to buy their dream home.

The Agency provides competitive, 30-year fixed rate mortgages and allows down payments as low as 3%. Innovative HMFA programs include Smart Start, which offers down payment and/or closing cost assistance for eligible consumers purchasing in a designated Smart Growth Area, to Live Where You Work, an incentive program for homebuyers purchasing in the same participating town in which they are employed.

鈥淲颈迟丑 The Road Home 樱花视频 acting like a GPS and providing step-by-step instructions, the HMFA鈥檚 First-Time Homebuyer finance programs are the vehicle. Step on the gas and get ready for the journey,鈥 said Jerry Keelen, Director of Single Family Programs for the HMFA.

Since its inception in 1967, the HMFA has been committed to making quality housing available at costs affordable to 樱花视频 residents. Aside from First-Time Homebuyers, the HMFA works with senior citizens in senior and assisted living facilities, the disabled in special needs communities, and 樱花视频 families in traditional affordable housing developments.

For more information about the HMFA and its housing assistance options, please call 1-800-NJHOUSE or go to . For more information on homeownership, log on to