NJHMFA Police and Firemen's Retirement System (PFRS) Mortgage Program

NJHMFA Police and Firemen's Retirement System (PFRS) Mortgage Program은(는) New Jersey 주택 구매자를 위한 선순위 모기지이며, New Jersey Housing and Mortgage Finance Agency (NJHMFA)에서 운영합니다. A special first-mortgage program funded by the Police and Firemen's Retirement System of New Jersey (PFRSNJ) and administered by NJHMFA. It offers active, currently-employed police officers and firefighters who are PFRS members with at least one year of creditable service a below-market fixed-rate mortgage to purchase a one- or two-family residence or condominium in New Jersey. The interest rate is set twice a year (February and August) at the 10-year Treasury bill plus 1%. Loans are originated through NJHMFA-approved participating lenders, for purchase transactions only. Below-market fixed rate (10-year Treasury + 1%, reset Feb and Aug). Funded by the PFRS pension fund for NJ police and firefighters. Purchase of 1-2 family homes and condos in NJ. No first-time homebuyer requirement (25% of funds reserved for first-time buyers). Secondary financing permitted per Fannie Mae guidelines. 재원은 Police and Firemen's Retirement System of New Jersey (PFRSNJ) pension fund; administered by NJHMFA에서 나옵니다.

NJHMFA Police and Firemen's Retirement System (PFRS) Mortgage Program은(는) 선순위 모기지이며 New Jersey Housing and Mortgage Finance Agency (NJHMFA)에서 정한 조건에 따라 상환합니다. 상환 사유: Entire loan plus accrued interest due on the 120th day after borrower sells or ceases to occupy as principal residence; mortgage not assumable. 지원금은 First 순위로 등기됩니다. 탕감 및 상환 조건은 프로그램이 정하며 바뀔 수 있습니다 — 신청 전에 공식 프로그램 페이지에서 확인하세요.

NJHMFA Police and Firemen's Retirement System (PFRS) Mortgage Program의 대상: 주택을 주 거주지로 사용할 주택 구매자. 거주 요건: Property in NJ; occupy as principal residence within 120 days of closing. Borrower must be a currently employed police officer or firefighter who is a PFRS member with at least one year of creditable service (N.J.S.A. 43:16A-1 et seq.). Max LTV 85%; max mortgage = Fannie Mae conforming limit (landing page cites $766,550, a 2024 figure that may be stale). Mortgage is NOT assumable; entire balance plus accrued interest is due on the 120th day after the borrower sells or ceases to occupy as principal residence. NJHMFA standard DPA cannot be combined with PFRS. Tax risk: relies on a counsel opinion that loans are not taxable pension distributions. Loan term (30-year) appears on the landing page but not the fact sheet. MI required if down payment under 20%.

NJHMFA Police and Firemen's Retirement System (PFRS) Mortgage Program의 구매 가격 상한은 다음과 같습니다: No stated max purchase price; max mortgage = Fannie Mae conforming limit (excluding high-balance/jumbo); landing page cites $766,550. Max LTV 85%. 대상 주택 유형: Single Family, 2-4 Unit, Condo 및 Vacant Land for Construction. 신축 주택도 대상입니다.

NJHMFA Police and Firemen's Retirement System (PFRS) Mortgage Program은(는) 지원 대상 그룹으로 법 집행 공무원 및 소방관을(를) 명시합니다. 이 프로그램은 또한 Currently employed police officer or firefighter who is an active PFRS member with at least one year of creditable service. 직원만 이용할 수 있습니다. 여기에 이름이 나온다는 것은 프로그램이 해당 그룹을 언급한다는 뜻이며, 그 그룹에 속한다는 것만으로 신청자가 자격을 갖춘다는 뜻은 아닙니다 — 나머지 자격 요건도 그대로 적용됩니다.

NJHMFA Police and Firemen's Retirement System (PFRS) Mortgage Program은(는) New Jersey 어디에서나 주택을 구매하는 주택 구매자를 지원합니다.

NJHMFA Police and Firemen's Retirement System (PFRS) Mortgage Program 신청은 New Jersey Housing and Mortgage Finance Agency (NJHMFA)을(를) 통해 진행되며, 해당 기관이 자체 사이트에 최신 조건과 신청 절차를 게시합니다. 자금 예약: Originated/reserved through NJHMFA-approved participating lenders. Hey Prescott는 대출 기관이 아니며 신청서를 받지 않습니다. 이 페이지는 주택 구매자가 대출 기관이나 주택 상담사에게 가져갈 수 있도록 프로그램을 설명합니다.