Standard Mortgage Program

Through the Standard Mortgage Program (SMP), the University offers favorable mortgage rates and terms to eligible faculty and staff to help members of the campus community purchase homes within a nine-mile radius of Nassau Hall or within the city of Trenton.

The SMP is managed by the Office of University Mortgage Services, which is available to assist faculty and staff interested in purchasing a home in the Princeton area.

Princeton University employees may learn about local property listings by working with area real estate brokers.

Homeownership Program Eligibility

Princeton University Homeownership Program Eligibility

Employees in term positions in the ranks listed below will not normally be eligible to participate in the programs.
Faculty (three-year appointments or longer)	SMP*	TIC*	PFRPP*
Professor	X	X	X
Associate Professor	X	X	X
Assistant Professor	X
Lecturer with rank of Professor	X
Senior Lecturer	X
On-campus research and specialist staff (three-year appointments or longer)	SMP	TIC	PFRPP
Senior Research Scholar	X	X	X
Research Scholar	X
Senior Professional Specialist	X	X	X
Professional Specialist	X
On-campus administrative and professional staff	SMP	TIC	PFRPP
ADM 10+	X	X	X
ADM 08-09	X
Head Coach	X
AIT 05	X	X	X
AIT 04	X
Library (three-year appointments or longer)	SMP	TIC	PFRPP
Senior Librarian	X	X	X
Librarian	X
Librarian III	X
Associate Librarian	X
Princeton Plasma Physics Lab (PPPL)	SMP	TIC	PFRPP
ADX	X	X	X
ADM 11+	X	X	X
ADM 08-10	X
ENG 10	X	X	X
ENG 08-09	X
RES 06	X	X	X
RES 03-05	X