In the tangled world of real estate financing there is one brand in Rochester, NY stands out: Preferred Mortgage Corporation. From first-time homebuyers, to experienced landlords and property investors, this independent mortgage brokerage provides experience in personalized service and an expansive network of credit options. Licenses are in New York and Florida, and experience that extends to Conventional, Jumbo, FHA, VA, USDA, and DSCR loans, Preferred Mortgage helps clients attain their financial goals assurance and clarity. refinance home loan rochester ny
Why Choose Preferred Mortgage Corporation?
1. Independent Mortgage Broker Advantage
Different from banks that market an exclusive product, Preferred Mortgage operates on its own. This means clients gain access to an various range of lenders offering them the ability to examine rates, terms and even qualifications - all tailored to their individual financial circumstances. It doesn't matter if you're from Webster, Brighton, Penfield, Greece, or anywhere in the Rochester area Preferred Mortgage guarantees that there's no limit to one lender's terms.
2. is licensed and has experience across States
With licenses with licenses in New York and Florida The team has the experience to handle both residential and commercial loans in different regulatory systems. Their NLMS #44812 will ensure compliance, professionalism, and full transparency throughout every transaction.
Mortgage Services to meet your every need
1. Home Mortgages in Rochester, NY
The dream of owning a home is one for many, and Preferred Mortgage has a commitment to making it affordable. Their residential mortgage options include:
Conventional loans Competitive rates for buyers with good credit.
Mortgages from FHA - Ideal for first-time buyers with limited savings or lower credit.
VA Loans - Designed to assist veterans and active military personnel and have no down payment required.
USDA Loans - Aimed at rural property buyers that have no-down options.
Jumbo loans for high-value properties above the limits of conventional loans.
From pre-approval for mortgages from Rochester NY to closing They guide you through every step with a clear mind and passion.
2. Mortgage Refinancing
For homeowners looking to reduce the monthly payment, reduce the terms of loans, or even access funds, refinancing can be a wise choice. Preferred Mortgage streamlines the process of:
Refinancing and rate
Cash-out refinancing
Refinancing FHA, VA, and USDA loans
With access to the lowest interest rates on mortgages that are available Rochester NY, clients usually save a significant amount throughout the term of their loan.
3. Commercial Mortgages
If you're looking to acquire retail space, office space or multi-family properties, Preferred Mortgage's commercial division provides:
SBA Loans
Short-term bridge financing
DSCR Lending (Debt Service Coverage Rate-based qualification)
The LLC can provide loans for properties owned by the LLC.
New construction loans
Fix and flip financing
Their team of commercial mortgage brokers in Rochester NY helps businesses secure the capital they require to grow or restructure.
Specialty Mortgage Solutions
1. copyright Loans
Self-employed individuals often face difficulty finding loans through traditional documentation. Preferred Mortgage provides copyright Mortgages in Rochester and evaluates earnings based on 12-24 month of business statements--ideal for entrepreneurs, freelancers, and freelancers.
2. down payment assistance
A high cost upfront can hinder homeowners from pursuing homeownership. Through Down Payment Assistance Programs, first-time buyers or low-to-moderate-income families can get help covering their initial costs, moving them closer to their dream home.
3. DSCR The Loans for Investors
For investors in real estate, DSCR (Debt-Service Coverage Ratio) loans permit qualification based on rental income that is not personal W-2s nor tax returns. This makes it simpler to expand portfolios and preserve personal liquidity.
Your local mortgage experts: Rochester, NY
Personalized, Local Service
Located at 1674 Empire Boulevard, 220, Webster, NY, Preferred Mortgage is a must within the Greater Rochester Area, including Greece, Penfield, Fairport, and Brighton. Instead of online lenders or national banks with no face their team is local and responsive--ready to meet clients in person and assist from prequalification to commitment letter from prequalification to final.
Mortgage Calculators and Resources
Their website features robust tools such as their mortgage calculator NY in addition to educational resources and financing guides. If you're looking for answers to questions like, "How much house can I afford in Rochester?" or "Should I choose a fixed vs. an adjustable loan?", you'll find some helpful information.
Reorganized Pre-Approval and Approval Process
Getting accepted for home loan in Rochester could be the initial step on the journey to buy a home. Pre-approved mortgage deals:
Quick online applications
Same-day pre-approval letters
Expert assistance for improving credit and increasing the likelihood of getting credit
Clear explanations of mortgage terms as well as the conditions
For those who are first-time buyers or making the move to a bigger house and require a written mortgage agreement before appraisal allows you to negotiate with confidence.
Fix & Flip, Construction, and Investment Loans
for builders and investors in the property market, the company provides:
Fix and Flip Loans with shorter terms and quick closings
Web 2.0 Home Construction loans for custom or spec designs
Investment Property Loans tailored to your portfolio goals
When you're financing through a mortgage broker for LLC residence that is located in Rochester or looking at real residential investor loans and loans, Preferred Mortgage can help. Preferred Mortgage team aligns funding in line with your plans.
They are the People Behind the Service
Raving Client Reviews
With more than 19 glowing reviews of Google, Preferred Mortgage is highly praised for:
Transparent communication
Fast, seamless processing
Tailored solutions to meet complex needs
The clients praise the professionalism and dedication of team members like Chuck, Jason, Steve, and Michele, who have gained a reputation for their dedication and meticulous manner of working.
Sample Testimonials:
"They took me through every procedure and made it smooth and easy." Damla A. Damla A.
"Chuck and his team were professional and kept me up to date." -- Leonard C.
"They provided exactly what they stated they would deliver within the specified timeframe." - Rob C.
This level of consistency is what makes them one of the most trusted financial brokers around Rochester NY.
Instruments for a Well-Informed Borrowing
Preferred Mortgage doesn't just make loans. They empower buyers. Starting from explaining the differences between banks and brokers in helping customers understand no-doc mortgage options or providing mortgage strategies for buyer in Rochester Preferred Mortgage's team will make sure you are well informed throughout every step.
Fixed vs. Variable Mortgages
The choice of the best loan type will have a significant impact on your financial health. Preferred Mortgage assists clients in understanding:
Fixed Rate Mortgages Great for budget-conformity over time.
Vary-Rate mortgages can be lower in the beginning but are subject to market risk.
The experts at their disposal will help you make the right decision according to your risk tolerance along with income stability and the investment timeframe.
Accessibility and Contact
You can contact Preferred Mortgage through several channels:
Toll-Free: 800-320-0447
Office: 585-288-2930
Email: [email protected]
Client Login Portal to track your loan request
You can also connect with Facebook, Instagram, YouTube, LinkedIn, and X (Twitter) for updates and educational content.
Frequently Asked Questions
A: Is a broker more beneficial than a financial institution for a mortgage?
Q: Yes--brokers offer access to various loans and lenders, which means lower rates as well as more flexible terms as well as a personalized service.
Q: What's the difference between prequalification and pre-approval?
A: The process of prequalification is a quick review of your financial situation to determine the amount you can need to borrow. Pre-approval requires verification of documents and provides you with a pre-approved loan amount, which makes your offers more in line with other offers.
Q Is it possible to get a mortgage even if I have poor credit?
A: Yes. Preferred Mortgage works with clients who face credit difficulties, offering solutions such as FHA loans and loan programs specifically tailored for those with lower scores.
Final Thoughts
You may be looking for a residential loan to Rochester NY, refinancing your mortgage, or securing funds for commercial expansion, Preferred Mortgage Corporation offers unmatched guidance, assistance as well as service. It is a local mortgage broker located in Webster, NY, they provide nationwide resources and values focused on communities to help you secure the right mortgage with ease and speed.
Are you ready to take your move?
Make an appointment today to get pre-approved
You can also contact us directly to discuss your financing options with Rochester's most dependable mortgage experts.