I'm looking to purchase an income restricted condo in NJ. I meet the income requirements and I have some of my own money saved for the down payment but I'm hoping the various Down payment programs in NJ will help with the rest.

Based on my initial research, I should get a pre-approval from a mortgage broker? Then do I contact a realtor and let them know I have a house I'm interested in? At what point do I apply for the first time home buyer down payment grants?

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  • Yeah pre-approval first is smart, then realtor. Most of those NJ down payment programs you actually apply for during the mortgage process, not before - your lender will walk you through which ones you qualify for once you're under contract on a place

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  • Gotta have the pre approval first. The realtors around me didn’t even wanna help me til I had one.

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