In the tangled world of real estate finance, the name of one company in Rochester, NY stands out: Preferred Mortgage Corporation. From first-time homebuyers, to experienced homeowners and business property managers, this independently owned mortgage brokerage provides experience with personalized service, as well as an extensive array of financing options. Licenses are in New York and Florida, as well as a wealth of knowledge that spans Conventional, Jumbo, FHA, VA, USDA, and DSCR loans, Preferred Mortgage helps clients to achieve their financial goals ease and confidence. new york mortgage broker

 

Why choose Preferred Mortgage Corporation?
 

1. Independent Mortgage Broker Advantage
 

Unlike banks that push their own products, Preferred Mortgage is a separate entity. Clients have access to an various range of lenders offering them the ability to examine rates, terms and even qualifications - all tailored to their specific financial needs. In Webster, Brighton, Penfield, Greece, or anywhere within the Rochester region Preferred Mortgage can ensure that you're not restricted by one lender's terms.

 

2. Certified and Experiential across States
 

With licenses in New York and Florida The team is able in handling both residential and commercial loans in different regulatory settings. Their NLMS #44812 is a guarantee of professionalism, security, and complete transparency for every transaction.

Mortgage Services for Every Need
 

1. Home Mortgages in Rochester, NY
 

Achieving homeownership is a dream of many, and Preferred Mortgage will work to bringing it into the reach of everyone. Their residential mortgage products include:

Conventional Lending Competitive rates for customers with solid credit.

FHA loan - Ideal for first-time buyers with less savings or lower credit.

VA Loans designed for active duty military and veterans personnel and have no down payment required.

USDA Credit targeted at rural property owners with no-down options.

Jumbo loans - For high-value properties exceeding conventional loan limits.

From pre-approval for mortgages from Rochester NY to closing the closing every step in detail and a commitment.

 

2. Mortgage Refinancing
 

For homeowners who wish to reduce cost of their monthly mortgage, to shorten credit terms, or get access to capital, refinancing can be a smart choice. Preferred Mortgage eases the process of:

Rate and term refinancing

Cash-out refinancing

Refinancing FHA, VA, and USDA loans

The company offers the lowest rates on mortgages within Rochester NY, clients usually save a significant amount throughout the term of their mortgage.

 

3. Commercial Mortgages
 

If you're in the market for office space, retail property or multi-family buildings, Preferred Mortgage's commercial division provides:

SBA Loans

Short-term bridge financing

DSCR The loan (Debt Service Coverage Ratio as a basis for qualification)

The LLC can provide loans for properties owned by the LLC.

New construction loans

Fix and then flip the loan

Their team of commercial mortgage brokers located in Rochester NY helps businesses secure the capital they need to expand or improve their business.

 

Specialty Mortgage Solutions
 

1. copyright Loans
 

Self-employed workers often have a difficult time finding loans through traditional documentation. Preferred Mortgage offers Loans on Bank Statements within Rochester where they evaluate the income of a business based on 12-24 months of business records, ideal for entrepreneurs, freelancers and freelancers.

 

2. Help with Downpayment
 

Higher upfront costs could deter 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 loans for investors
 

For real estate investors, DSCR (Debt-Service Coverage Ratio) loans are able to be approved based on rental income that is not personal W-2s nor tax returns. This makes it easier to increase portfolios while maintaining personal liquidity.

 

Your Local Mortgage Experts: Rochester, NY
 

Personalized, Local Service
 

They are located at 1674 Empire Blvd., Suite 200, Webster, NY, Preferred Mortgage is a staple throughout the Greater Rochester Area that includes Greece, Penfield, Fairport, and Brighton. Unlike online lenders or national banks without a face their team is locally-based and responsive. They're ready to meet with customers in person and assist from prequalification and closing.

 

Mortgage Calculators & Resources
 

The website has robust tools such as for example the mortgage calculator in NY as well as educational resources and financial guides. Whether you're asking, "How much house can I afford in Rochester?" or "Should I go with a fixed or. variable mortgage?", you'll find useful answers.

 

Streamlined Pre-Approval Process
 

Finding out if you've been the pre-approval for a home loan for a home loan in Rochester can be a initial part of the home buying process. Preferred Mortgage offers:

Applications online that are quick and easy to download

Same-day pre-approval letters

Expert guidance for improving credit and enhancing the likelihood of getting credit

Explanations of mortgage terms and requirements

If you're a new buyer or moving to a larger home A credit card commitment before appraisal allows you to negotiate with confidence.

 

Fix & Flip, Construction, and Investment Loans
 

To help builders and property investors, the company provides:

Repair and Flip loans with short terms and fast closings

The New Home Construction Finance for spec or custom designs

Investment Property Loans made to meet the needs of your portfolio

It doesn't matter if you're financing via an mortgage broker to finance an LLC real estate in Rochester or looking into real estate investor loans or loans for real estate investors, it's the Preferred Mortgage team aligns funding with your goals.

People Behind the Service People Behind the Service
Raving Client Reviews
With more than 19 glowing ratings by Google, Preferred Mortgage is well-known for its:

Transparent communication

Quick, seamless processing

Tailored solutions for complicated needs

Clients have praised the professionalism of team members such as Chuck, Jason, Steve, and Michele who have become famous for their dedication and thorough approach.

 

Sample Testimonials:
"They helped me through each step of the process and made it simple." - Damla A.
"Chuck and his team was professional and kept me up to date." It was Leonard C.
"They have delivered exactly as they promised within the time frame we gave them." - Rob C.

The consistency of their service makes them among the most reliable loan brokers within Rochester NY.

 

Tools for Educating Borrowers
 

Preferred Mortgage doesn't just make loans. They help buyers. In everything from explaining the differences between banks and brokers to providing customers with no-doc mortgage alternatives or to provide how to get a mortgage for homeowners in Rochester, the team will make sure you are well informed throughout every step.

 

Fixed Vs. Variable Mortgages
The choice of the best loan type can be a huge factor in your financial health. Preferred Mortgage can help clients understand:

Fixed-Rate mortgages Great for budget stability throughout time.

Variable-Rate Loans can be lower in the beginning but carry market risk.

Their experts can guide you by analyzing your risk-taking or income stability, as well as the time frame for investing.

 

Accessibility and Contact
 

You can contact Preferred Mortgage through various channels:

Toll-Free: 800-320-0447

Office: 585-288-2930

Email: [email protected]

Client Login Portal for tracking your loan application

You can also join via Facebook, Instagram, YouTube, LinkedIn, and X (Twitter) for updates and educational content.

 

Frequently Asked Questions
 

Q: Is a broker better than a bank for a mortgage?
A Indeed, broker access is available to various types of lenders and loan types, that means better rates and terms that are more flexible, and a more personal service.

Q What's the distinction between prequalification and pre-approval?
A The process of prequalification is a simple review of your financials to estimate the amount you could get. Pre-approval is a process of confirming your documents and provides you with a pre-approved loan amount, making your offer more appealing.

Q How do I get a mortgage if I have bad credit?
A: Yes. Preferred Mortgage works with clients who are struggling with credit, and offers solutions like FHA loans and lending programs tailored to lower scores.

 

Final Thoughts
 

No matter if you're seeking a home loan in Rochester NY, refinancing your mortgage, or seeking money for expansion of your business, Preferred Mortgage Corporation offers unparalleled assistance, resources, and service. As a local mortgage broker located in Webster, NY, they bring together assets from across the nation and focus on helping to secure the perfect mortgage with confidence and speed.

 

Are you ready to make that movement?

Get pre-approved today!

For more information, call the team to discuss your financing options with Rochester's most trusted mortgage specialists.