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

NJHMFA Police and Firemen's Retirement System (PFRS) Mortgage Program是面向New Jersey购房者的第一抵押贷款，由New Jersey Housing and Mortgage Finance Agency (NJHMFA)管理。 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. 资金来自Police and Firemen's Retirement System of New Jersey (PFRSNJ) pension fund; administered by NJHMFA。

NJHMFA Police and Firemen's Retirement System (PFRS) Mortgage Program是第一抵押贷款，按New Jersey Housing and Mortgage Finance Agency (NJHMFA)设定的条款偿还。 触发还款的情形：Entire loan plus accrued interest due on the 120th day after borrower sells or ceases to occupy as principal residence; mortgage not assumable. 该援助以First顺位留置权登记。 免除和还款条款由项目设定，并可能变化——申请前请在项目官方网页上确认。

NJHMFA Police and Firemen's Retirement System (PFRS) Mortgage Program面向将房屋作为主要住所自住的购房者。 居住要求：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 Program的房价上限如下：No stated max purchase price; max mortgage = Fannie Mae conforming limit (excluding high-balance/jumbo); landing page cites $766,550. Max LTV 85%. 符合条件的房屋类型包括Single Family、2-4 Unit、Condo和Vacant Land for Construction。 新建房屋符合条件。

NJHMFA Police and Firemen's Retirement System (PFRS) Mortgage Program在其服务群体中提到了执法人员和消防员。 该项目还仅限Currently employed police officer or firefighter who is an active PFRS member with at least one year of creditable service.的员工。 在此列出仅表示项目提到了该群体，并不表示仅凭群体身份即可使申请人符合条件——其余资格规则仍然适用。

NJHMFA Police and Firemen's Retirement System (PFRS) Mortgage Program服务于在New Jersey任何地方购房的购房者。

NJHMFA Police and Firemen's Retirement System (PFRS) Mortgage Program的申请通过New Jersey Housing and Mortgage Finance Agency (NJHMFA)办理，该机构在其网站上公布现行条款和申请步骤。 资金通过Originated/reserved through NJHMFA-approved participating lenders预留。 Hey Prescott不是贷款机构，也不受理申请；本页介绍该项目，方便购房者向贷款机构或住房咨询师咨询。