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Emergency Rescue Mortgage Assistance (ERMA)

New Jersey’s Emergency Rescue Mortgage Assistance (ERMA) program provides financial assistance for eligible homeowners who have experienced a significant decrease of income or increase of expenses due to COVID-19 and have been unable to remain current with their mortgage payments.

Applicants may receive up to $75,000 per household to cover:

  • Mortgage reinstatement assistance​

  • Other eligible housing related costs, including:

  • Escrow shortages

  • Delinquent property taxes

  • Municipal or tax liens

  • Delinquent Homeowner Association (HOA) dues.

  • Up to four future mortgage payments, inclusive of principal, interest, taxes and homeowner’s insurance

If eligible, you could receive up to $75,000 in the form of a three-year forgivable loan, with no interest or payments due. If the property is sold, transferred, or refinanced (except for refinances for a lower rate and/or shorter term) or you do not maintain the property as your primary residence during the three (3) year term of the mortgage and note, you must repay the ERMA Program funds.

Click on the FAQ’s (Frequently Asked Questions) at the top right of this page for additional detail regarding the program.

You can also email the ERMA team at HAFServicing@njhmfa.gov or call us at (855) 647-7700 between the hours of 8:30am and 5:30pm Monday through Friday.

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