Is there an income limit?

Yes. The listed income limit is 80% AMI.

What credit score does NJHMFA Smart Start Plus (First Gen) list?

The listed minimum credit score is 620.

NJHMFA Smart Start Plus (First Gen)

NJHMFA Smart Start Plus (First Gen) is a 0% 5-yr forgivable 2nd from NJHMFA. Available statewide in New Jersey. Income limit: 80% AMI.

Amount varies by program

Listed as open as of May 2026

Available statewide in New Jersey.

Income limit	80% AMI
Minimum credit score	620
Maximum DTI	50%
Homebuyer education	Required (HFA-approved (Framework, eHome, NeighborWorks, etc.))
Occupations	First-generation NJ buyers
Property types	1-4 family, condo, co-op
Occupancy	Owner-occupied primary
Eligible loan products	FHA/Conv
Sales price cap	Per county
Repayment	0% forgiven 5 yrs
Forgivable	Per program structure
Stacking	Layered on Smart Start

Source NJHMFA·official program page·Listed May 2026

Cal has not re-checked this listing recently. Confirm the current terms with the program administrator before relying on them.

Provider: NJHMFA · program details at the provider’s site.

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