My husband is a NJ State Trooper, so I've gotten this same question often from friends of his who work as police officers in various municipalities.
There are other options available to eligible law enforcement members. If you reach to me via cell or email, I'll be happy to refer you to a reputable Sr. Loan officer who will give you complimentary advice with no strings attached.
All the best,
Weichert, Realtors (Marlboro~ Manalapan office)
455 Route 9 South
Manalapan, NJ 07726
917-723-5645 - cell
732-536-4400, ext 199 - office
"YOUR Reliable Resource For NJ Real Estate, Local Info & More"
After I answered this question I decided to search a little further and I found this on Wells Fargo site:
Many towns are offering tax abatements now also as incentive to fix up some of the busted up properties. Even if you wanted to update a property you would get the money... Gives you a tax relief for a certain period of time(say 15 years) up to a certain allowable amount of money spent on the property.(say you spent $5,000 on siding this amount would come off the top of your assessment) Not much but at least it is something. relief over a 15 year period or what ever the town provides for. Check with your local towns...
If you would like the names of a few good mortgage reps, email me through Trulia or my website. Good luck!
As far as I know they have suspended the police mortgage program due to lack of funds. I don't believe there are any other programs, aside from the HUD which you already know about.
Good Luck with your home search!