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We understand that the real estate market is all about relationships. We've been in business since 1999 and have grown to over 95 employees in 15 years - that's due to our strong relationships with local real estate agents. Agents that are already working with us can attest to our unique marketing p...

If you have a pet and plan on moving sometime soon keep reading! There are many perks that come with using Premium for a mortgage. One of them being personalized Premium pet tags. Moving to a new home can be quite an adjustment for everyone, including our four legged family members. To make them fee...

Premium Mortgage has made an agreement with CMAC to rent out camp chairs to concert attendees at dubbed "Chairs For Charity", concert attendees can donate $5 to charity and in return will borrow a collapsible camp chair to relax in during the concert. The charity changes each concert night...

Everything you need to know about using gift money as a down payment One of the most stressful aspects of buying a home is saving up for the down payment that is required for the purchase. In some cases, you may have a family member who wants to help by contributing to the down payment. The licensed...

In this day and age, having a presence on social media has become vital for any successful business. Once you've created your social media presence, it's important to consider using each social media platform wisely. Think about each social media platform and it's niche. Why are people drawn to this...

The homebuying process is riddled withups and downs. While some stages are exciting, others seemdaunting. Although negotiating is one of the more challenging aspects of a real estate transaction, there are a few strategies you can use toreach a more favorable arrangement. As the top mortgage broker...

Thursday, July 6 was Premium Mortgage Night at Thunder Road International SpeedBowl located in Barre, Vermont. Thunder Road is a .25-mile oval stock car racing track that was built in 1960. Because the track is short, it has high banked corners and a turn four wall known as "The Widowmaker." Premium...

Movie lovers! You're in luck. There are several different places to watch movies outdoors this summer whether you're in Rochester, Buffalo, Syracuse, or Vermont. We've done the research for you compiled a list of all the places you can watch a FREE movie this summer. Rochester...

Buffalo Business First released their Top Mortgage Bankers and Brokers list this month and Premium Mortgage has beenranked five. This list is ranked by number of retail loans in 2016 and features 16 companies located in Buffalo. All 16 companies featured in this list were also ranked for largest...

  Brunch is always a good idea. We've found great brunch spots for you to try out in Rochester, Buffalo, Syracuse, and Vermont.     Rochester Cure Phone number: (585) 563-7941 Location: 50 Public Market, adjacent to Flour City Bread Co. Sunday Brunch 11am-...

Types of home mortgages offered by Premium Mortgage     FHA Mortgage -Insured by the Federal Government, these are usually 15 or 30 year fixed rate mortgages that have lower down payment requirements and do not rely as much on your FICO score as a Fixed Rate Mortgage.   203K -This loan can be used...

The Rochester Chapter of the American Marketing Association (AMA) held their 5th annual Pinnacle Awards at Anthology in downtown Rochester. This event celebrates the most effective and most creative marketing campaigns of the year. Premium Mortgage is honored to have been a finalist in the Print Pie...

Rochester, NY-April 7, 2017 -- The Democrat and Chronicle named Premium Mortgage a winner of the Rochester Metro Area 2017 Top Workplaces Award. In addition, Premium Mortgage was named one of the Best Places to Work by Buffalo Business First last month. The Top Workplaces lists are based solely on t...

The road to home ownership will be an enjoyable experience, especially once you know what to expect and when to expect it. Each step is color-coded showing involved parties. Click the image below to view the larger version.

Apartment getting smaller? Noisy neighbors cramping your style? Rising rent getting you down? Maybe it's time to get your own place! Let us help you wake up in your own home. It's the American dream, and one you can make reality! Our new First Time Buyer Program allows you to purc...

Premium Mortgage News Each month, Premium Mortgage provides the latest mortgage news, real estate tips, money saving coupons, and more in our newsletter. Here you can find the March, 2016 newsletter.     This Month's Newsletter Topics Include: Bridge Loans: Move F...

Real Estate transactions involve one of the biggest financial investments you could experience in your lifetime. Real estate transactions, today, will typically exceed $100,000. If you had a $100,000 income tax problem, would you not bring in a CPA? If you had a $100,000 legal question, would you...

On December 16th, 2015 the Federal Reserve increased interest rates for the first time in a decade. But how does that effect the mortgage industry and the cost of buyinga house? The short answer is, in this latest increase, not much. The more important question is, why do mortgage rates change at al...

There are essentially two ways to get a mortgage. The first being a "purchase money mortgage" that is obtained when buying a property; having an attorney representation is highly recommended. The second situation is a "refinance mortgage" that is obtained when you already own the...

The Mortgage Process There are quite a few things that go on behind the scenes after you have applied for a mortgage. We thought you might like to know a bit about them: Processing During processing, the loan file is examined to ensure that all information is complete and accurate and meets t...

In order to be pre-approved for a mortgage YOU MUST HAVE A CREDIT SCORE between 640-850. If your score is lower than this then the following actions can be taken in order to achieve this score: No late payments on any existing accounts (especially in the last 12 months). TIME HEALS EVERYTHING!...

Generally speaking, you have three types of professionals to choose from when seeking mortgage financing   Retail Bank Broker Mortgage Banker Wide variety of programs Possibly Possibly Multiple investors Limited...

A few years ago the major credit reporting agencies (Equifax, Experian and Trans Union) started a program whereby they would sell the names of people who had their credit checked (to buy a car, obtain a mortgage, etc.) to other third party entities that may provide a similar product or service. Majo...

We've said this before but it really bears repeating. Pay close attention and your road to mortgage financing and refinancing will go a lot smoother! If you've been approved for a mortgage it generally means you've got great credit and that lenders are eager to loan you the funds necessary to purcha...

The Problem As the owner of a mortgage bank, the most common complaint I hear about buying a house is the excessive amount of documentation required to obtain mortgage financing. The new laws governing mortgages and money laundering seem endless and the sheer volume of the paperwork needlessly slows...

You find the house of your dreams, your agent writes an offer and the seller accepts it. You think you've bought a house but in some cases you have not. Your offer will have contingencies that protect you, the buyer, such as engineer's inspection, mortgage contingency, transfer of existing p...

Rochester, NY. -- March 27, 2015 -- Premium Mortgage is pleased to announce that it has been selected as a Top Workplace. The Top Workplaces designations are determined based solely on employee feedback. The employee survey is conducted by WorkplaceDynamics, LLP, a leading research firm on organizat...

Here's a list of some steps you need to take before you get into "home buying mode". First, you should know that you will need a credit score of at least 640 in order to qualify for a mortgage. If your score falls below that threshold, here are a few things you can do to improve it ove...

This exciting program is designed for low-to-moderate-income homebuyers. It provides significant flexibility in credit guidelines for borrowers with limited cash resources! It is a fixed rate program available for a 30 year fully amortized term. PERFECT FOR FIRST-TIME HOMEBUYERS! UNLIMITED G...

Now that we've settled back in after the Thanksgiving Holiday, and because today is#GivingTuesday& #RocTheDay, we would like to take the time to sayThank You to all of our customers and business partners who have made us who we are today. We understand the importance of what it means to be a...