Two Mercer County First-Time Homebuyer Program workshops are scheduled for the fall.
Workshop participants learn how the mortgage process works and if they are eligible for the county’s First-Time Homebuyer Program, which assists applicants by contributing up to $7,000 toward down payment and closing costs. Participating mortgage lenders will be on hand to guide applicants and answer questions.
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.
Potential buyers can shop for suitable homes in the following Mercer County municipalities participating in the program: East Windsor, Ewing, Hamilton, Hightstown, Hopewell Borough, Hopewell Township, Lawrence, Pennington, Princeton, Robbinsville and West Windsor.
Potential buyers interested in purchasing a home in Trenton can call the City of Trenton Housing Office at (609) 989-3504 for information.
First-Time Homebuyer Program workshops are scheduled for 6:30 p.m. on the following dates
Sept. 24: Mercer County Library, Lawrence Headquarters Branch, 2751 Brunswick Pike, Lawrenceville.
Oct. 23: Hamilton Township Free Public Library, 1 Justice Samuel A. Alito Jr. Way, Hamilton.
More information is online at mercercounty.org.
