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First-Time Homebuyer ProgramsYour Path to Bergen County Homeownership Starts Here

First-time buyer programs help you enter Bergen County's market with low down payments, down payment assistance, and educational resources.

Up to $1,149,825
Bergen County Limit
3% minimum (with DPA)
Down Payment
580-640 minimum
Credit Score
43-45%
Max DTI

Why Choose First-Time Buyer for Your Bergen County Home?

Low Down Payment Options

As low as 3% down for qualified first-time buyers.

On a $600K Bergen County home, that's only $18,000 down versus $120K for 20% down.

Down Payment Assistance

NJ programs provide grants and loans for down payment and closing costs.

NJHMFA programs offer up to $10,000-$15,000 in down payment assistance for qualified buyers.

Educational Resources

Free homebuyer education and counseling throughout the process.

Learn about budgeting, credit, and home maintenance before and after purchase.

Flexible Credit

Credit scores as low as 580 may qualify with certain programs.

FHA and NJ programs accommodate buyers building credit history.

First-Time Buyer Eligibility in Bergen County

  • Must not have owned a home in the past 3 years (in most cases)
  • Primary residence requirement (must occupy the home)
  • Income limits may apply for certain assistance programs
  • Complete homebuyer education course (may be required for DPA)
  • Minimum credit score varies by program (580-640 typical)
  • Debt-to-income ratio under 43-45%
  • Documented employment and income history

Your Path to First-Time Buyer Approval in Bergen County

1

Education Course

4-8 hours

Complete approved homebuyer education (online or in-person).

2

Pre-Approval

Same day

Get pre-approved and explore available assistance programs.

3

Home Shopping

1-60 days

Search Bergen County with your realtor within your approved budget.

4

Assistance Application

Day 5-15

Apply for down payment assistance grants/loans if eligible.

5

Closing

Day 30-45

Close on your first Bergen County home!

Frequently Asked Questions

What qualifies as a first-time homebuyer in Bergen County?

Typically, you must not have owned a primary residence in the past 3 years. Some programs define it as never having owned a home.

What down payment assistance is available in Bergen County?

NJHMFA offers several programs including Down Payment Assistance (up to $10K), NJ HomeKeeper (up to $15K), and municipal programs in select Bergen County towns.

Can I buy a condo as a first-time buyer in Bergen County?

Yes! Many Bergen County condos are FHA-approved and eligible for first-time buyer programs. Popular areas include Paramus, Fort Lee, and Edgewater.

Bergen County Market Overview

955,732
Total Population
$725,000
Median Home Price
+5.7% annually
Annual Appreciation

Start Your First-Time Homebuyer Programs Journey in Bergen County Today

Get pre-approved and start shopping in any of Bergen County's 70 towns with confidence

NMLS #1577754 | Equal Housing Opportunity