Lender Resources
- Internet Loan Reservation System (ILRS)
- Lender Policy and Procedures "Seller's Guide"
- Forms and Checklists
- Site Evaluator
- Application to Become an NJHMFA Lender
- Lender Training
- Lender Bulletin Archive
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Internet Loan Reservation System (ILRS)
- Access the Internet Loan Reservation System (ILRS) Here
Note: This single link will work for those working with Single Family and Low Income Housing Tax Credits.
- Access the Internet Loan Reservation System (ILRS) Here
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Lender Policy and Procedures "Seller's Guide"
- Policy and Procedures for Participating Lenders - Known as the "Seller's Guide" - UPDATED NOVEMBER 2020 - EFFECTIVE JANUARY 1, 2021 (4.7MB PDF)
FOR BEST RESULTS: Download and open with Adobe Acrobat Reader to use search and bookmark functions. These features may not appear when opened in a web browser window.
- 2020 Policy and Procedures for Participating Lenders - Known as the "Seller's Guide" - 2020 GUIDE EXPIRING JANUARY 1, 2021
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Forms and Checklists
HMFA Mortgage ScheduleGeneral Forms and Documents
Truth-in-Lending Statements
The new Initial and Final Truth-In-Lending (TIL) statements will be required when disclosing any DPA loan originated on or after June 1, 2019. These TILs will replace the current Loan Estimate (LE) and Closing Disclosure (CD) documents. The LE/CD will not be acceptable forms of DPA disclosure on the loans originated after the above referenced date.
- Initial Truth-in-Lending Statement (88k PDF)
- Final Truth-in-Lending Statement (109k PDF)
- Truth-in-Lending_FAQs (84k PDF)
DPA Loans Originated Prior to June 1, 2019: If you have begun the transaction by issuing an Initial LE you must continue to use the LE/CD documents throughout the lending and closing process. These documents will continue to be available on the Lender’s Resource page.
First Time Home Buyer Program Documents
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New Underwriting Submission Checklist – Updated November 2019
This New Underwriting Submission Checklist is available for use now. However, it will be required for all loan files submitted to the Agency on or after November 15, 2019. This checklist will replace all previously used underwriting submission checklists. This checklist and the documents listed therein should be furnished simultaneously with the documentation required for preclosing review. Please carefully follow the instructions provided within each document to ensure timely preclosing review of the loans delivered. - First Time Home Buyer Program Closed Loan Submission Checklist (145k PDF)
This checklist and the documents listed therein should be furnished simultaneously with the documentation required for purchase review. Please carefully follow the instructions provided within each document to ensure timely purchase of the loans delivered. - Mortgagor's Affidavit (21k PDF)
- Seller's Affidavit (47k PDF)
- Potential Recapture Tax on Sale of Home (27k PDF)
- Tax Exempt Financing Rider (72k PDF)
- Purchase Price and Income Limits Statewide Area (47k PDF)
- Purchase Price and Income Limits Urban Target Area (57k PDF)
- Underwriter Review Sign-Off Form (21k PDF)
- Authorization to release Information-QC Form (41k PDF)
- HMFA 101 MTGSCHE2.pdf
- HUD's List of New Jersey Certified Housing Counselors
Homeward Bound Program Documents
- Homeward Bound Program Closed Loan Checklist - (123k PDF)
This checklist and the documents listed therein should be furnished simultaneously with the documentation required for purchase review. Please carefully follow the instructions provided within each document to ensure timely purchase of the loans delivered. - Homeward Bound Program Check List Definitions (102k PDF)
This checklist contains details of the documents required for purchase review. - Homeward Bound Program Income Limits (89k PDF)
- HMFA 101 MTGSCHE2.pdf
- HUD's List of New Jersey Certified Housing Counselors
New Jersey HomeSeeker Program Documents
- New Underwriting Submission Checklist – Updated November 2019
This New Underwriting Submission Checklist is available for use now. However, it will be required for all loan files submitted to the Agency on or after November 15, 2019. This checklist will replace all previously used underwriting submission checklists. This checklist and the documents listed therein should be furnished simultaneously with the documentation required for preclosing review. Please carefully follow the instructions provided within each document to ensure timely preclosing review of the loans delivered. - DPA Closed Loan Submission Checklist (110k PDF)
This checklist and the documents listed therein should be furnished simultaneously with the documentation required for your closed loan submission. Please carefully follow the instructions provided within each document to ensure timely processing. - HomeSeeker Program Note (186k PDF)
- HomeSeeker Program Mortgage (182k PDF)
- HomeSeeker Program Mortgage Affidavit (21k PDF)
- HomeSeeker Program Dodd-Frank Certification (86k PDF)
- HUD's List of New Jersey Certified Housing Counselors
- Underwriter Review Sign-Off Form (21k PDF)
- Initial Truth-in-Lending Statement (88k PDF)
- Final Truth-in-Lending Statement (109k PDF)
The new Initial and Final Truth-In-Lending (TIL) statements will be required when disclosing any DPA loan originated on or after June 1, 2019. These TILs will replace the current Loan Estimate (LE) and Closing Disclosure (CD) documents. The LE/CD will not be acceptable forms of DPA disclosure on the loans originated after the above referenced date.Smart Start Program Documents
- New Underwriting Submission Checklist – Updated November 2019
This New Underwriting Submission Checklist is available for use now. However, it will be required for all loan files submitted to the Agency on or after November 15, 2019. This checklist will replace all previously used underwriting submission checklists. This checklist and the documents listed therein should be furnished simultaneously with the documentation required for preclosing review. Please carefully follow the instructions provided within each document to ensure timely preclosing review of the loans delivered. - DPA Closed Loan Submission Checklist - (110k PDF)
This checklist and the documents listed therein should be furnished simultaneously with the documentation required for purchase review. Please carefully follow the instructions provided within each document to ensure timely processing. - Smart Start Note (201k PDF)
- Smart Start Mortgage (182k PDF)
- Underwriter Review Sign-Off Form (21k PDF)
- HUD's List of New Jersey Certified Housing Counselors
- Initial Truth-in-Lending Statement (88k PDF)
- Final Truth-in-Lending Statement (109k PDF)
The new Initial and Final Truth-In-Lending (TIL) statements will be required when disclosing any DPA loan originated on or after June 1, 2019. These TILs will replace the current Loan Estimate (LE) and Closing Disclosure (CD) documents. The LE/CD will not be acceptable forms of DPA disclosure on the loans originated after the above referenced date.
Police & Firemen's Retirement System Loan Program Documents
- Police & Firemen's Retirement System Post Closing Checklist - UPDATED MARCH 21, 2019 (145k PDF)
This checklist and the documents listed therein should be furnished simultaneously with the documentation required for purchase review. Please carefully follow the instructions provided within each document to ensure timely purchase of the loans delivered. - Underwriter Review Sign-Off Form (21k PDF)
- HMFA 101 MTGSCHE2.pdf
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Site Evaluator
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Application to Become an NJHMFA Lender
- Single Family Participation Application - Fillable PDF (4.3MB PDF)
- Lender Contact Form - Fillable PDF (150k PDF)
- Chapter 51 Form (569k PDF)
- Disclosure of Investment Activities in Iran (272k PDF)
- Policy and Procedures for Participating Lenders - Also known as the "Seller's Guide" - UPDATED JANUARY 2021 - EFFECTIVE JANUARY 1, 2021 (5.8MB PDF)
FOR BEST RESULTS: Download and open with Adobe Acrobat Reader to use search and bookmark functions. These features may not appear when opened in a web browser window. - Mortgage Purchase Agreement (258k PDF)
- Mortgage Program Servicing Guide (400k PDF)
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Lender Training
Approved Participating Lender's staff shall complete all required NJHMFA training, and any training required by any Agency authorized designee and/or vendor, prior to being authorized to originate loans. The Participating Lender must send an email to SFLenders@njhmfa.gov to schedule training.
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Lender Bulletin Archive
