for Homebuyers

online homebuyer education

Buying a home is one of the biggest financial decisions a family will ever face. Start with homebuyer education classes through eHomeAmerica.

Online class registration

homebuyer counseling & financial assistance

Due to a high volume of applications and limited funding, we have reached full capacity for our current cycle. While we still welcome applications for down payment and closing cost assistance through a deferred-payment loan, please be aware that all new submissions will be placed on a waitlist. We will only contact you if additional funds become available. Please keep in mind that to qualify for this assistance, applicants must also be able to secure a mortgage pre-approval from a bank.

Homebuyer Application

Who is eligible?

The program is primarily limited to first-time homebuyers. You may also qualify if:

You or your spouse have not owned a home for the past three years.
You are a displaced homemaker – somebody who worked in the home without pay and have suddenly lost your means of financial support.
You are a single parent who owned a home jointly with your spouse, or lived in a home owned by your spouse.

What are the income limits?

Income limits vary depending on the size of your household.

Household Size	Clinton County	Essex County
1	$45,000	$42,950
2	$51,400	$49,100
3	$57,850	$55,250
4	$64,250	$61,350
5	$69,400	$66,300
6	$74,550	$71,200
7	$79,700	$76,100
8	$84,850	$81,00

“Median income” is the figure above which half the county’s residents earn more, and half earn less.

What are the deferred-payment loan terms?

Deferred-payment loan require no monthly payments and accrue no interest. However, if you sell the property within 10 years, you must repay a portion of the funds received.