CONTACT: Julie Willmot
(609) 278-7137

TRENTON, N.J.—Owning a home is big part of the American dream and Mercer County would like to help families achieve that dream through Mercer County First-Time Homebuyer Program Workshops.

Buying a home is likely the largest transaction an individual will make, but it’s also the most confusing and complicated.

“Mercer County is again offering assistance to potential homeowners through our First-Time Homebuyer Program, and I invite you to sit in on one of the upcoming workshops to learn more about the lending process, particularly during this tumultuous economic time for buyers and lenders alike,” said Mercer County Executive Brian M. Hughes.

Through the Mercer County First–Time Homebuyer Program Workshops, participants can learn how the mortgage process works, and participating lenders will be on hand to guide applicants and provide answers. Two of the greatest obstacles faced by potential first-time homebuyers are down payment and closing costs. The Mercer County First-Time Homebuyer Program assists income-eligible applicants by contributing up to $7,000 toward down payment and closing costs.

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 Borough, Princeton Township, Robbinsville and West Windsor.

“The Mercer County Consortium is able to offer this program with the new American Dream Down Payment Initiative (ADDI) funds now provided by the federal Housing and Urban Development department. The consortium acquired these funds as part of the HOME Investment Partnership Program Grant,” Hughes added.

Upcoming workshops will be at 6:30 p.m.:
  • Wednesday, Oct. 7, Mercer County Library Headquarters, 2751 Brunswick Pike at Darrah Lane, Lawrence.
  • Thursday, Oct. 22, Hamilton Township Free Public Library, 1 Justice Samuel A. Alito Jr. Way, Hamilton.
  • Thursday, Nov. 5, Mercer County Library, West Windsor Branch, 333 N. Post Road, Princeton Junction.
For additional information or questions regarding accessibility accommodations, please contact the Mercer County Housing office at (609) 989-6858.