Are you a police officer or firefighter in New Jersey looking to purchase a home? The good news is that there is a special mortgage program specifically designed to deliver the support that your services to the community has earned. The Police and Fire Retirement System loan program (PFRS) from the New Jersey police and firefighter mortgage program is a unique offering that provides these two essential departments with access to affordable home financing options, as well as other benefits and incentives.
What is the New Jersey police and firefighter mortgage program?
The Police and Fire Retirement System loan program (PFRS) is a special mortgage program that is specifically designed for police officers and firefighters who are looking to purchase a home in the state of New Jersey. This program is administered by the NJ Housing and Mortgage Finance Agency (NJHMFA), which is a state agency that is responsible for providing affordable housing options for New Jersey residents.
To be eligible for this specialized mortgage program, you must be an officer or firefighter that meets the following criteria:
- You must have one year of credible service, and this must be confirmed by the agency for which you work and their retirement system.
- You must be a police officer or firefighter who is employed by a local, state or federal agency in the state of New Jersey.
How to apply for the New Jersey police and firefighter mortgage program
If you are interested in applying for the New Jersey police and firefighter mortgage program, here is the process you will need to follow:
Determine your eligibility: The first step is to determine whether you are eligible for the program. You can do this by reviewing the eligibility requirements listed above or by for more information.
A lender you can trust: Our offices are one of only a few participants in the NJHMFA program. Talk to me to learn about eligibility and how this program can fit in with your overall home purchase strategy. With over 15 years of experience in the mortgage industry, I am one of the top Mortgage Loan Originators in my native state of New Jersey. Several union organizations, including state FMBA and PBA 105, currently endorse me.
Approval: Once we approve your application, I will walk you through the lending process. I assist more than 150 homeowners each year and am committed to giving each one the guidance they need to make their mortgage process a stress-free one.
Getting Started
The New Jersey police and firefighter mortgage program is a great resource for police officers and firefighters in the state who are looking to purchase a home. The program provides access to affordable mortgage financing options, as well as other benefits and incentives. If you are a police officer or firefighter in New Jersey and you are looking to start your homeownership journey, I can help you access this program and give you the head start you need!