Blog

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, and...

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...

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...

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...

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...

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...

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...

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...

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...

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...