Worried About Losing Your Home to Foreclosure?

Posted: August 27, 2012

Updated August 27, 2012: New Jersey’s Department of Community Affairs and the New Jersey Housing and Mortgage Finance Agency (NJHMFA) recognize that many New Jersey families are currently going through or facing foreclosure. Additional foreclosure relief programs to assist struggling homeowners:

For more information on foreclosure relief programs, please call 1-800-NJ-HOUSE.

Foreclosure assistance information is available from the Housing Partnership’s Foreclosure Intervention Center.

You may be eligible for the New Jersey HomeKeeper Program if:

  • You are unemployed or underemployed and you have lost at least 25% of your job income.
  • Your taxes and insurance are included in your mortgage payment.
  • Your total mortgage payment is more than 31% of gross household income.
  • This home is your primary residence.
  • You do not own any other real estate.
  • You have owned your home for at least one year.
  • Your total principal balance does not exceed $429,619.
  • You are not in an open or active bankruptcy.
  • Other guidelines may apply to your situation.

Assistance available:

  • Up to $48,000 in direct mortgage payment assistance over two years.
  • Mortgage payment assistance for those currently under or unemployed.
  • Reinstatement assistance for those currently employed with arrearages due to the loss of employment related income.

Contact the Housing Partnership's Foreclosure Intervention Center at 973.659.1414 or .(JavaScript must be enabled to view this e-mail address) to learn more about the HomeKeeper Program.