HOME – First Time Homebuyer Program


Monmouth County Community Development


The HOME – First Time Home Buyer Program provides up to $10,000 in a deferred loan to eligible Monmouth County residents to assist with their down payment and/or closing costs for purchasing their first home. Homebuyers must be referred by their mortgage lender, and attend a pre-purchase housing counseling course before applying.


Interest-free loan, which does not need to be repaid until the house is sold or transferred.


Open to low income, first time home buyers who have been residents of Monmouth County for at least 1 year. Property being purchased must also be in Monmouth County. All applicants must complete a pre-purchase housing counseling course and provide a certificate of completion with the First Time Homebuyer application.

Program Inquiry Form