For the last 15 years Consumer Credit and Budget Counseling has been a leading housing counseling agency, currently providing over 10% of all foreclosure counseling and housing grant assistance in the state of New Jersey. We have assisted over 1,000 clients and we are here to help you. We have the experience and talent
NJ HomeSaver Grant is just one of the second generation Hardest Hit Grants developed for NJ HomeOwners facing foreclosure. HomeSaver provides up to $50,000 assistance:
You may be a good candidate for this program if you are a homeowner who:
- Has severe negative equity*
- Has or will be facing a significantly higher mortgage payment (due to a rate increase)
- Has suffered a financial hardship (such as unemployment or a severe loss of income through no fault of your own) that has caused or will cause you to fall behind on your mortgage payment**
*Severe negative equity is defined as a first mortgage loan-to-value ("LTV") ratio that is 115% or greater.
**You do not need to be presently behind on your mortgage payments to be eligible for the HomeSaver Program.