This allows you to purchase a home which is a high priced loan as long as your loan amount is 510 400 or below.
Nj police and fire mortgage rate.
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.
The current maximum mortgage amount is 510 400.
2020 police and fire fact sheet 7 15 20 indd created date.
Interest rate is 30 year fixed.
Eligible properties one or 2 family residences and fnma approved.
Active members of the new jersey police and firefighter retirement system pfrs with one year of creditable service are eligible for this program.
The rate you receive may be higher based on your credit score mortgage loan to value ratio or other loan factors.
To obtain current interest rates for all njhmfa homebuyer programs.
Active members of the new jersey police and firemen s retirement system pfrs with one year of creditable service.
Members may buy a home first time or trade up or refinance an existing home.
Visit today to view pffcu s current rates for home mortgage home equity auto personal loans share accounts certificates and ira s.
Contact new jersey mortgage specialist anthony marone to learn more.
Updated quarterly view the current multifamily interest rates here.
What are the fees involved for the police and fire.
3 27 3 38 apr for a 30 year fixed rate.
Vacant land provided a contract is executed used to construct an eligible one or two family.
1 55 1 621 apr for a 30 year fixed rate.
New jersey police and fire.
In the state of new jersey.
Maximum mortgage amount is 510 400.
Rates are based on loans up to 510 400.
The maximum mortgage amount is determined by fannie mae.
Download the participating lender list here for developers.
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Rates are set twice a year in february and august.
Rate is based on the.
For rates on loans exceeding 510 400 jumbo loans call pffcu at 215 931 0300 or 800 228 8801 and ask to speak to a mortgage advisor to discuss your applicable rate.
The police and fire mortgages are not eligible for jumbo loans.
For first time home buyers and trade up buyers.
Visit the developers homepage for rates.