Blog

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!...

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...

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...

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...

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...

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...

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...

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...

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...

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...