Scott SelleckBroker / Sales Associate / Transition Advisor, The Selleck Group, KW City Views Realty · Scott Selleck | Trusted Bergen County Realtor | Keller Williams City Views Realty, Fort Lee NJ

NJ Down Payment Assistance: Up to $22,000 Grants! #shorts

28 Oct 2025 · 1 min

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1:06

Scott Selleck breaks down New Jersey's down payment assistance grants, which go up to $22,000 and are interest-free and forgivable. Private flood insurance now covers about 27% of flood premiums and is accepted by federally backed mortgages. He offers local real estate guidance for Bergen and Hudson counties.

Questions this video answers

Up to $15,000 (interest-free forgivable grants).

Up to $22,000.

About 27% of all flood premiums.

floodprice.com.

Bergen and Hudson counties.

Here in New Jersey we have the NJHMFA Down Payment Assistance program. Up to $15,000 are interest free forgivable grants qualified for buyers are available to them. Some buyers can even qualify up to $22,000 down payment assistance. I work with excellent local lenders who can quickly get you pre approved with conventional financing and talk to you about these programs if you need flood insurance. Private flood insurance is fully operational accepted by the federal backed mortgage programs. The private flood insurance now represents about 27% of all flood premiums these days in the market. I can connect you with insurance professionals who specialize with private flood insurance coverage. Platforms like floodprice.com can get you a competitive quote quickly as well. This is why being in the local market matters. I know which Bergen and Hudson county properties on flood zones and how to navigate them.