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PBA Loan


Police and Law Enforcement Home  >  PBA Loan  > 


PBA Loan

Police and Law Enforcement News
Monday, December 8, 2008 3:21 p.m.

When it first came out, there was much suspicion.  A special mortgage just for New Jersey law enforcement officers?  What about the fees?  Other catches?  Ahh, better not.

As time passed, officers slowly began taking a look into this "program."

It is sometimes called the PBA loan or the PBA mortgage, however, participation is not limited to those who belong to the New Jersey State PBA as the name suggests.

The true name is the PFRS Mortgage. 

In order to apply, members must have at least one year in the New Jersey Police and Firemen Retirement System, so it is limited to law enforcement officers from the Garden State.

The rates are almost always well below the 30-year fixed rate national average.

For more information on the PBA loan and current rates, click here.


Police and Law Enforcement News
Friday, June 9, 2006 3:21 p.m.





PBA Loan

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