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What’s the deal with FHA Loans?

In March, new measures aimed at reducing the cost of Federal Housing Administration (FHA) mortgage loans are set to be implemented.

Temporary Rate Buydowns

Lower your interest rate at the start of your new home loan with a Temporary Rate Buydown.


Join us Thursday 11/3/22 at the GRAR Reboot Technology Conference 2022! This year’s event is in Fairport, NY. Click here to learn more.

Celebrating 30 Years in Business

February 2022 marked the 30th anniversary of Preferred Mortgage Corporation of New York, a leading mortgage broker in the Greater Rochester area.

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 […]

Company Announcement: COVID-19 UPDATE

covid-19 impact

Hello everyone, we’d like to let you know our business will remain open as long as we’re allowed to do so. While our physical office remains closed for customer visits, it’s still business as usual for our team. The mortgage landscape is changing quickly due to the COVID-19 impact and while some banks and credit […]