Atlantic City Downpayment Assistance

Atlantic City Downpayment Assistance

HOMEBUYER PRE-SCREENING APPLICATION
Full Name*

First NameLast Name
E-mail
example@example.com
Phone Number*
Current Street Address*

Street Address

Street Address Line 2

CityState

Zip Code
Number of Household Members
Address of Property to Purchase
Eligible Applicants please check all that apply:

I have occupied my primary residence in Atlantic County for at least 12 MonthsI am currently employed in Atlantic City for at least 12 MonthsI have not owned a home in the previous three yearsI understand I must obtain a pre-approval letter for a Fixed-Rate Mortgage from an ACIA approved LenderMy total Household Income does not exceed $131,000 annuallyI intend to purchase my primary residence in Atlantic CityThe property will be my Primary Residence and maintained as such for the term of the loan.
Program Financing

The Program may provide down-payment assistance up to 10% of the purchase price and up to $5,000 of eligible closing costs for a combined total amount not to exceed $30,000All down-payment and closing-cost assistance is offered to the applicant as a deferred 0% interest loan, secured by a mortgage, to be repaid to the Program at the time the property is rented, vacated, sold or changes ownership.I am interested in applying for additional assistance towards the purchase price from NJHMFA for up to $17,000 toward the purchase price.I am interested in applying for additional assistance from the Inlet CDC home buyers grant of up to $4,500 off toward the purchase price.
Please return this Pre-Screening Application with the following 3 documents from your primary Lending Institution:

1. Loan Application

2. Loan Estimator

3. Pre-Qualification Letter
Should be Empty: