First Home Club

The First Home Club

  • Do You Have A Great Credit Score?
  • Do You Want to Buy a House In The Next 24 months?
  • Can You Afford to Put the Same Amount of Money Every Month into a Systematic Savings Account for 10-24 Months?
  • Do You Want to Buy a Condo, Townhouse or Single Family Home in NJ?
  • Are You A First Time Homebuyer?

If you answered, "Yes" to the above --- Read on!


Applicants must have good credit. Anyone not sure of their credit score can go to:

The First Home Club (FHC) is open to households with incomes below 80% of the area median income.

Somerset County:

  • 1-2 Person Households - $80,400
  • 3+ Person Households - $92,460

For other counties please see First Home Club Income Limits.

Upon completion of all requirements the First Home Club provides a grant match of 4: 1 for each dollar saved. The maximum grant amount is $7,500.

In addition to making monthly deposits all participants must complete the required six hours of either face-to-face or online counseling.

Board of Trustees

First Home Club Program Guidelines

First Home Club participants agree at time of closing to sign a 5-year subordinate mortgage with the member bank for the amount of grant funds. If they live in their home for 5 years then they do not have to pay back the funds and the subordinate mortgage is cancelled.

To find out more information or to arrange an in-person meeting to fill out an application for the First Home Club Program, contact CJHRC at 908-704-9659, mailbox #7

Central Jersey Housing Resource Center

600 First Avenue, Suite 3
Raritan, NJ 08869

Phone: 908-704-8901
Fax: 908-704-9235

Online Donations

Central Jersey Housing Resource Center (CJHRC) Needs Your Support!

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