MORTGAGE PROGRAM

Introducing the NJ PBA Police & Firemen's Retirement System Mortgage Program!

Benefits of the Police & Fire Mortgage

We support our local heroes by offering special mortgage programs for the NJ Police and Firefighters. Here are the details of the NJHMFA Police and Firefighters Retirement System Mortgage Program.

PoliceFire@AdvisorsMortgage.com

866-761-7979

Designed for Heroes: Exclusively available to currently employed police officers and firefighters who are members of the Police and Firemen’s Retirement System with at least 1 year of creditable service.

Stable Rates: Take advantage of our competitive rates, updated twice a year on February 15th and August 15th. Your rate is based on the Treasury bill plus 1%, providing you with financial security.

Lock in Your Rate: Once you find your dream home and proceed with a rate lock, enjoy a 6-month rate lock from the lock date. Rest easy knowing that your rate won’t change during the mortgage term.

Flexible Loan Terms: Choose between 15 and 30 year loan terms with the same rate for both options. Find the perfect fit for your financial goals.

Maximum Mortgage Amount: Secure a high-priced home with a maximum mortgage amount of $766,550. As long as your loan amount is below this threshold, you’re eligible!

Current PFRS Mortgage Rate: 5.04% (5.19% APR*) as of 8/15/2024

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