The Road to Buying
Published May 19, 2021 2386 Views
The home buying process can be intimidating, and it’s common to be unsure of what the process can entail. After all, so much goes into your decision to make a home purchase. We understand that, which is why we are here to guide you through each step, keeping you informed at every turn!...
Child Tax Credit
Published March 17, 2021 1790 Views
Overlooked Benefit in the New COVID Relief Bill If You Have Children and Make Less than $150,000: On Wednesday, March 10, President Joe Biden’s $1.9 Trillion American Rescue Plan was House approved with a new approach on child tax credits for families. The new bill will increase the tax...
Is an FHA Loan the Best Option for You?
Published March 8, 2021 2252 Views
How Does it Work? An FHA Loan is backed by the Federal Housing Administration and nearly 1 in 5 homebuyers have an FHA Loan for their home. This loan was originally created to assist first time home-buyers however, it can be used by anyone eligible. It’s a great low down-payment alternative...
Cybersecurity
Published February 19, 2021 1912 Views
This morning, details of a new scam were brought to our attention. It was sophisticated and believable. Fortunately, the borrower trusted her instincts and called us directly. The borrower, who hasn’t even closed on her loan yet, had someone call her posing as our Post Closing Concierge and...
Is a VA Loan the best option for you?
Published February 4, 2021 1856 Views
What is it? A VA Loan is a program available through The Department of Veterans Affairs (VA) for those who have served in our nation’s armed forces and, in certain cases, to spouses of deceased veterans. It is designed to make home ownership for veterans easier! How Does it Work? VA...
What Agents Have to Say About Us
Published January 27, 2021 2007 Views
At Premium Mortgage Corporation, we recognize that Real Estate Agents are the backbone of our industry. Your thoughts matter. To measure the satisfaction of the local Real Estate community, we surveyed agents across Western, Central, and Upstate New York. Well, we received some AMAZING comments and...
Is a Conventional Loan the Best Option for You?
Published December 29, 2020 2165 Views
How Does it Work? A Conventional Loan is a mortgage that is not insured or secured by any government program or entity. The borrower will pay all insurance costs. These loans are available through private lenders only, such as mortgage companies, banks, and credit unions. Conventional Loans are o...
An Overview of Different Loan Types and New 2021 Loan Limits
Published December 4, 2020 1914 Views
Conventional Loan A Conventional Loan is a mortgage loan that is not insured or secured by any government program or entity. The borrower will pay all insurance costs. These loans are available through private lenders only, such as mortgage companies, banks, and credit unions. Conventional Lo...
Do You Really Need an Agent?
Published November 19, 2020 2899 Views
We understand that the home buying process isn’t exactly common knowledge and not everyone has experience buying a house. The information is available, but it isn’t exactly the most accessible…or easily understandable for that matter. In all seriousness though; do you REALLY n...
Credit Score Factors
Published October 6, 2020 2560 Views
We’ve all heard of credit score, right? That score that directly affects every large purchase you intend to make throughout your life. That’s a big impact. But don’t worry, we are here to help. Here’s a complete guide to understanding your credit score and how you can imp...