Expanding homeownership opportunities Available to low- and moderate-income borrowers Minimum down payments as low as 3% Monthly Private Mortgage Insurance not required on all programs Use for purchases, rate and term refinances, and cash-out refinances $1,500 or $4,500 forgivable loan for closing cost assistance Home Ownership Made Easy (H.O.M.E.) Affordable Mortgage program is available for low- and moderate-income borrowers within specific counties in New Jersey and New York for 1-4 family, owner-occupied homes, condos and Co-Ops. The program is designed to save responsible borrowers money by requiring fewer fees and costs, and providing lower rates when purchasing or refinancing your home. An Investors Mortgage Professional can help you determine if you are eligible for the H.O.M.E. Affordable Mortgage program. Please Note: Web site authorization by the New York State Department of Financial Services is pending. Until this site is authorized, no mortgage loan applications for properties located in New York will be accepted through this site.