Season Four
Can You Buy a Home without Overtime?
Many first responders, especially police officers, work overtime to afford a home. However, it’s possible to buy a house with just your base income if you manage your finances well.
05/12/26
Do You Have to be House Poor?
In the 1990s, the housing market presented similar challenges as it does today. Mortgage lenders often encouraged buyers to purchase homes at the limit of their financial capacity.
05/19/26
How the Credit Union Can Help
Although Police Mortgage and The National Police Federal Credit Union are technically separate entities, Police Mortgage is owned by The National Police Federal Credit Union, creating a relationship closer than a simple partnership.
5/26/26
What Happens if You Get Injured on Duty?
It’s no surprise that some of our clients get hurt in the line of duty. Such injuries often result in the loss of overtime or part-time employment opportunities, which may vary by department.
06/02/26
Financial Mistakes and Best Practices for Young First RespondersYoung first responders often begin their careers with a strong sense of purpose and a long-term commitment to their communities. That makes early financial decisions especially important.
06/09/26
Is There a Bad Time to Buy a Home?
Is there ever a bad time to buy a home? From a market perspective, not really. You’ll rarely hear a loan officer say, “Don’t buy a home right now” or “It’s a bad time to get a mortgage.” The biggest concern buyers usually have is purchasing at the peak of the market.
06/16/26
When to Use an ARM
How much risk should someone take with an adjustable-rate mortgage (ARM)? It can be a useful option, but it is not right for every buyer. For example, if someone is paying $5,000 a month in rent and a $7,000 mortgage payment feels like a stretch, an ARM might help bridge the gap while still allowing them to build equity.
06/23/26
Setting Up Homebuyers for Success
We discussed how an Adjustable-Rate Mortgage (ARM) can be an effective financial tool under appropriate circumstances. However, it is important to use discretion and discipline when considering this option.
06/30/26
Misery Level
Even when the process proceeds smoothly with a competent loan officer, affordable property, and favorable conditions, home ownership inevitably involves some level of challenge.
07/07/26
The Gig Economy
There’s no question that a steady paycheck makes it simpler to document for a mortgage approval, but gig income can still qualify. The key is to show consistent monthly income over at least two years, supported by a clear paper trail that is properly reported on your tax returns.
07/14/2026
Gifts From Family Members
Homeownership is generally more difficult today than it was 20 or 30 years ago, largely because home prices have risen faster than wages. At the same time, many parents and relatives who have built wealth want to help loved ones now rather than wait to pass it on later.
07/21/26
The Dream of Home Ownership Isn't' Dead
Whether you watch CNBC, read The Wall Street Journal, or follow any other financial news, you’ve probably heard people say that the dream of homeownership is fading. Some point to how much harder it has become to buy a home, while others note that more people are choosing to rent instead of own.
07/28/26
