First Time Homebuyers Helped By County Assistance Program
Mercer will offer a First-Time Homebuyer Program workshop on Wednesday, June 21, at 6:30 p.m. at the Lawrence Headquarters Branch of the Mercer County Library System, 2751 Brunswick Pike, Lawrence.
“Mercer County is again offering assistance to potential homeowners through our First-Time Homebuyer Program, and I invite you to sit in on this workshop to learn more about the lending process,” said Mercer County Executive Brian M. Hughes.
Workshop participants can learn how the mortgage process works, and participating lenders will be on hand to guide applicants and provide answers. First-time homebuyers may be eligible to obtain down payment and closing cost assistance through the program.
Eligibility for assistance is based on family size and income, and lenders will help determine mortgage eligibility based on income, credit rating, and current monthly expenses. To receive assistance through the Mercer County First-Time Homebuyer Program, applicants must participate in a Homebuyer Training Course, cannot have owned a home within the past three years — unless that person is a single parent or displaced homemaker — and cannot own other real estate at the time of closing.
The final First-Time Homebuyer Program workshop for 2017 will be held Thursday, September 21, at the Hamilton Township Free Public Library, 1 Justice Samuel A. Alito Jr. Way, Hamilton.
For additional information or questions regarding accessibility accommodations, call the Mercer County Housing Office at (609) 989-6858.