March 30, 2023
Lender Bulletin 2023-8:
NJHMFA Underwriting Submission Checklist & Required Documents
Effected Programs: First-Time Home Buyer, Homeward Bound, HFA Advantage, and the Down Payment Assistance Program 
Effective Date: April 1, 2023
NJHMFA encourages all of our business partners and constituents to submit any and all documentation in an electronic format whenever possible as staff will continue to check email and review information submitted electronically.  

´╗┐Attention Lenders:
NJHMFA Underwriting Submission Checklist & Required Documents
In response to lender requests for simplification of the underwriting submission process, NJHMFA has updated the Underwriting Submission Checklist, and the documents accepted for asset verification. The new checklist includes the following changes:
  1. Groups the document list by logical category, so it is easier to use
  2. Adjusts the asset documentation requirements from statements to statements or Third-Party Verification (TPV) documents, as approved by the applicable underlying investor/insurer for the loan product.
The New Underwriting Submission Checklist will be available immediately via the link below and on the Lender Portal Page; but will be required for all underwriting review submissions to the Agency effective April 1, 2023.  
After April 1, 2023, the old Underwriting Submission Checklist will no longer be accepted.
As a reminder, AUS findings must be followed, the full list of documents required per the Lender Underwriting Checklist must be submitted, and the file must be fully underwritten (clear-to-close other than NJHMFA review) prior to submission to NJHMFA for review.
Questions? Need Help? 

If you have questions about one of our loan products or need help with a loan in the ILRS system, please e-mail your requests to

Access Forms, Checklists, Policies, Previous Lender Bulletins, and More at the Lender Resources Page:
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New Jersey Housing and Mortgage Finance Agency | 609-278-7400 |