4 Tips to Help You Buy a Home with Student Debt

4 Tips to Help You Buy a Home with Student Debt

Published February 14, 2022 3647 Views

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 payment. Even thou...

Read More

How to Start Building Credit From Scratch 

How to Start Building Credit From Scratch 

Published January 24, 2022 3495 Views

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’ve covered ways to...

Read More

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

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

Published January 4, 2022 3379 Views

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: bank...

Read More

5 New Year’s Resolutions for First-Time Homebuyers

5 New Year’s Resolutions for First-Time Homebuyers

Published December 23, 2021 3746 Views

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 a home this coming...

Read More

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

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

Published December 7, 2021 3163 Views

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 wanted...

Read More

What Does This Inflationary Period Mean for Homebuyers?

What Does This Inflationary Period Mean for Homebuyers?

Published November 29, 2021 3193 Views

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...

Read More

Premium Mortgage Corporation Named the Fastest Growing Company in Rochester

Premium Mortgage Corporation Named the Fastest Growing Company in Rochester

Published November 18, 2021 3624 Views

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 Chamber Top...

Read More

8 Home Energy-Saving Tips for Cold Weather

8 Home Energy-Saving Tips for Cold Weather

Published November 8, 2021 3248 Views

There’s much to enjoy about the fall: the changing leaves, football season, and pumpkin spiced…everything! This season also brings cooler temperatures, and if you’re a homeowner, now is a great time to consider how to winterize your home for the even chillier months ahead. Check out our eight ways t...

Read More

Our Neighborhood Vitality Program Continues to Exceed Goals

Our Neighborhood Vitality Program Continues to Exceed Goals

Published November 1, 2021 3033 Views

In March of 2021, we launched the Neighborhood Vitality program to help cultivate homeownership in majority minority target areas across the state. If a borrower purchases a home in one of these targeted locations, we provide a $2,000 credit to be used towards closing costs and/or prepaids, subject...

Read More

Can Foreign Nationals Obtain U.S. Mortgage Financing with No U.S. Credit History?

Can Foreign Nationals Obtain U.S. Mortgage Financing with No U.S. Credit History?

Published October 20, 2021 4440 Views

The short answer is yes! Foreign nationals can obtain mortgage financing in the United States with a thin or no U.S. credit history. If you are a non-U.S. citizen with no credit history in the United States, it may appear as though you will be unable to obtain financing for your property as a U.S...

Read More

To learn more and to speak with a Loan Officer right now, call Premium Mortgage Corporation toll-free
at 1 (844) 793-0177.
To find the office closest to you, visit our locations page.

Contact Us