Premium Mortgage Corporation Launches Building Homeownership Program for Low-to-Moderate Income Borrowers

Published August 9, 2022 2 Views

Premium Mortgage Corporation Launches Building Homeownership Program for Low-to-Moderate Income Borrowers

Achieving the dream of homeownership matters to our neighbors and neighborhoods. It helps create a foundation for families, unifies our communities, and empowers residents to put down roots. As a mortgage lender, we want to help make that dream a reality for all income levels—and that’s...

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You Know Your Real Estate Agent is Right for You When…

Published March 11, 2022 724 Views

You Know Your Real Estate Agent is Right for You When…

Whether you’re buying a new home or selling your current one, your real estate agent plays an important role in the efficiency and success of the transaction. Additionally, finding the right agent for your needs can elevate your overall experience, and there are clear-cut signs when it feels l...

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Mike Donoghue Named a Power 100 Leader by The Rochester Business Journal

Published February 25, 2022 750 Views

Mike Donoghue Named a Power 100 Leader by The Rochester Business Journal

Premium Mortgage Corporation’s President and CEO, Mike Donoghue, has been named a Power 100 leader by the Rochester Business Journal. This is the second year the RBJ has compiled and showcased its Power 100 list, which highlights power players who are leading key organizations, creating change...

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4 Tips to Help You Buy a Home with Student Debt

Published February 14, 2022 766 Views

4 Tips to Help You Buy a Home with Student Debt

If you’re paying those dreaded student loan bills, it might seem like purchasing your own home couldn’t possibly be a short-term goal. After all, carrying a good chunk of debt raises your debt-to income ratio (more on that shortly) and can make it more difficult to save for a down paymen...

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How to Start Building Credit From Scratch 

Published January 24, 2022 770 Views

How to Start Building Credit From Scratch 

Building credit from the ground up doesn’t happen overnight, but it’s not that daunting of a task once you know what lies ahead. After all, having an established credit history will help you get approved for things like a credit card, car loan, and eventually, a mortgage. While we’...

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Rochester Business Journal Names Mike Donoghue to Their Power 30 Banking & Finance List

Published January 4, 2022 655 Views

Rochester Business Journal Names Mike Donoghue to Their Power 30 Banking & Finance List

The Rochester Business Journal has named our President and CEO, Mike Donoghue, one of the region’s top Power Players in banking and finance for 2021. Power 30 is a prestigious list in Rochester, and highlights executives who are making significant impacts in the area from these five industries...

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5 New Year’s Resolutions for First-Time Homebuyers

Published December 23, 2021 849 Views

5 New Year’s Resolutions for First-Time Homebuyers

As we welcome a new year, there is no better time to hit the “reset” button and take stock in how you can improve yourself and your surroundings. This can be especially true if you’re a first-time homebuyer looking for ways to put yourself in the best possible position to purchase...

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Saving for a House? Here’s How You Can Spend Less This Holiday Season

Published December 7, 2021 744 Views

Saving for a House? Here’s How You Can Spend Less This Holiday Season

Just like that, December is here and the holiday season is in full swing. Between the gatherings, gift giving, and travel, it may seem like holiday spending always finds a way to balloon more than expected. This can be even more daunting if you’re saving to purchase a home in the New Year. We...

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What Does This Inflationary Period Mean for Homebuyers?

Published November 29, 2021 819 Views

What Does This Inflationary Period Mean for Homebuyers?

In October, consumer prices increased by 6.2% compared with a year earlier, as rising costs for food, gas, housing, and vehicles are impacting households across the country. This 6.2% increase marks the highest inflation rate in more than three decades, and could make the Federal Reserve take action...

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Premium Mortgage Corporation Named the Fastest Growing Company in Rochester

Published November 18, 2021 956 Views

Premium Mortgage Corporation Named the Fastest Growing Company in Rochester

We’ve been named the number one fastest growing company in Rochester for 2021 by the Greater Rochester Chamber of Commerce! Our President, Mike Donoghue, Executive Vice President, Alexia Barbarossa, and other management were on hand to receive the top distinction at the Greater Rochester Chamb...

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