NJ Mortgage Assistance

This week, the New Jersey Housing and Mortgage Finance Agency (NJHMFA) opened the application portal for the Emergency Rescue Mortgage Assistance program (ERMA).

To help protect homeowners from foreclosure, this program will provide assistance to cover mortgage arrearages, delinquent property taxes, and other housing costs for eligible homeowners negatively impacted by the COVID-19 pandemic. If eligible, you could receive up to $35,000 in the form of a three-year forgivable loan, with no interest or payments due.

NJHMFA will also provide free housing counseling services to help New Jersey homeowners apply for this program, guide them through all available options, and even work with their loan servicers to achieve the best outcome available for their families. These counselors will also ensure that the process is accessible to those without access to internet or anyone needing assistance with the application.

Visit NJHMFA to learn more and access the application.