Home

First Time Homebuyer's Program (FTHP) | Camden City Bureau of Housing Services

520 Market St, Room 218A, Camden, NJ 08101

Applicants must meet ALL of the following criteria: - Purchasing their first home, and has not owned a home in the last 3 years (exceptions for divorced or inadequately housed individuals apply) - Seeking to occupy the purchased home - Must be able to contribute a minimum of $500 down payment from own funds - Household income of no more than 80% of median income - Property to be purchased must meet City Code Standards (some exceptions can apply) - Must attend and complete pre-purchase counseling with designated non-profit housing agency prior to settlement
Call or visit website for information
https://www.ci.camden.nj.us/housing-services/

Please call or visit the website for more information. An in-person intake appointment will be required. Required documents include: - Proof of income within the last 2 months for all household members from all applicable sources (employment Social Security, pension, welfare, alimony/child support, unemployment/disability) - Previous two years of W-2's and 1040 Tax Returns - Executed Agreement of Sale - Last 3 months of bank statements from checking and savings accounts - Copy of the private lender's mortgage application - Identity and address of the private Lender - Birth certificates for all household members under the age of 18

Camden, NJ

Description

Provides a one-time, deferred loan of up to $14,000 to help cover down payment and closing costs for eligible low/moderate income families who want to purchase their first single-family home in the City of Camden. This program alleviates the major impediments of buying a home, and also gives prospective homebuyers the skills and knowledge necessary to purchase and maintain their own property.

Providing organization

Camden City Bureau of Housing Services

Provides residents of the coverage area with financial assistance to purchase, repair, and make cosmetic upgrades to their new and existing homes. Along with a utitlity assistance program.