Home Buying Myths
Don’t let these home buying myths keep you from your dream home and take full advantage of our mortgage tools and resources.
Bank Statement Programs & Self-Employed Borrowers
If you’re self-employed, it can be difficult to show enough income on your taxes to qualify for a mortgage. Click here to learn how we help.
Introducing ARMs – Adjustable Rate Mortgages
Introducing ARMs by Preferred Mortgage Corp. of NY! Today’s Adjustable Rate Mortgages are SMARTER, SAFER, and can help you SAVE MONEY each month.
What is a mortgage broker?
Your decision to purchase a home is a significant one. As such, you want to ensure that you have the best financial advisors on your side who help you fully understand how to get a mortgage at the best rate possible. Most banks have loan officers available to answer basic questions related to interest rates […]
How To Get The Best Rate On Your Mortgage
If you’re considering buying a home, you need to be mindful of the mortgage interest rate you’re expecting on your home loan. While preparing for a home purchase, there are things that you can do that have the potential to lower your rates. Here are a few tips that can help you get the best […]
3 Tips to help you get a good mortgage rate with a low income
If your income is relatively low and you’re considering getting a mortgage, you may be wondering what options are available to you. Luckily, there are many options available for people with good credit. Remember, the most important thing is to make sure that you borrow within your means. With that said, here are 3 tips […]
How To Gain an Advantage in Today’s Real Estate Market
Today’s real estate market is red-hot, especially here in Rochester, NY. Since the homebuying market opened back up in Spring 2020, homebuyers have been paying over asking prices whenever a house becomes available. In fact, Rochester, NY was recently listed as a top ten city in markets where buyers are paying over asking prices. That’s […]
3 Tips For Paying Off Your Mortgage Early
Are you planning on making a purchase or investment in the future that requires a large amount of capital? Paying off your mortgage early can give you the extra money you need to: Remodel your home Pay for a new car Plan for a vacation or wedding Pay off your kid’s college tuition Paying off […]
5 Reasons Why You Should You Hire A Mortgage Broker
In our previous blog post, we talked about different options buyers have when it comes to home mortgages. Specially, we broke down the differences between using a mortgage broker or using a bank for your mortgage needs. To expand on the advantages of mortgage brokers, we put together 5 reasons why you should hire a […]
Which is better, mortgage brokers or banks? We broke it down for you.
When working towards your home purchase, there are several places you can find a home mortgage loan. The two most common options are banks and mortgage brokers. Each of these parties will be of immense help when it comes to securing your mortgage. Generally, mortgage brokers have more loan options, most of which are flexible. […]
