Police And Fire Mortgage Rates Nj

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Police and fire mortgage rates nj. 3 27 3 38 apr for a 30 year fixed rate. Law enforcement personnel police officers sheriff officers state troopers case workers corrections and parole officers as well as the immediate family member of police. Administration the pfrs is a defined benefit plan administered by the new jersey division of pensions benefits njdpb. In the past few months we have seen the treasury bill rise but the police and fire rates stay the same during these periods of transition until the adjustment dates of february 15 and august 15.
Buying a new home is an important decision. 1 55 1 621 apr for a 30 year fixed rate. Rates stated are for loan amounts greater than 100 000 a 680 or higher credit score and ltv of 80 or less. Eligible properties one or 2 family residences and fnma approved.
Active members of the new jersey police and firemen s retirement system pfrs with one year of creditable service. You can select to lock in your rate for a pffcu express refi mortgage for 90 days with a rate lock deposit of 500. Rates stated for 7 30 arm jumbo are for loan amounts greater than 510 400 a 680 or higher credit score and ltv of 80 or less. Our law enforcement mortgage loans offers special discounted rates on mortgages for police and law enforcement officers.
Program rates are set semi annually in february and august. Because of this the financial obligation accounts for a substantial percentage of annual income. Contact new jersey mortgage specialist anthony marone to learn more. Plan information name of plan the police and firemen s retirement system of new jersey pfrs.
Interest rate is 30 year fixed. Visit today to view pffcu s current rates for home mortgage home equity auto personal loans share accounts certificates and ira s. 35e dvhgr qd no rdqz lwk g rzqs d phqw new jersey police and fire mortgage program for first time home buyers trade up buyers. Maximum mortgage amount is 510 400.
Central jersey police fire federal credit union. New jersey police and fire. Members may buy a home first time or trade up or refinance an existing home. New jersey housing and mortgage finance agency at 1 800 nj house.
The following categories are eligible to qualify. For first time home buyers and trade up buyers.