Amherst, New York
2150 Wehrle Drive, Suite 200
Amherst, NY 14221
716-633-0501

Explore Mortgage Loan Options With The Experts at Premium Mortgage Corporation October 26, 2015

Amherst, Erie
Explore Mortgage Loan Options With The Experts at Premium Mortgage Corporation, Amherst, New York

Many families shopping for a home qualify for a conventional mortgage loan, but in some cases the traditional loan program isn't the best fit. Fortunately, several government agencies offer a variety of alternative options designed to make home ownership a reality for people in these situations. If you're considering buying a home in the Rochester area, speak with a loan consultant at Premium Mortgage Corporation to find out whether one of these programs might be right for you.

Here is a sample of the programs available through Premium Mortgage Corporation: 

  • Rural Housing: With minimal cash savings required and very low mortgage insurance rates, the rural housing mortgage program is intended to increase home ownership in rural areas of New York State. This 100% fixed-rate financing program is for use with single-family, owner-occupied homes.
  • FHA Mortgage: Because credit history is a less important factor when determining eligibility, FHA loans are ideal for those who would have difficulty qualifying for a conventional mortgage. These loans require a lower down payment, and normally have terms of 15 or 30 years.
  • 203K Mortgage: For homeowners who are buying property that requires improvement, this government program provides the funding necessary both to purchase the house and make the necessary upgrades or renovations.
  • VA Loans: As a benefit for military veterans, the VA offers loan options with no down payment or mortgage insurance requirement.

If you're trying to decide on the policy that's right for you, consult with Premium Mortgage Corporation and use their free online mortgage calculator tool. Take advantage of Premium Mortgage Corporation's award-winning expertise for the best mortgage policies and loan flexibility. You can visit Premium Mortgage Corporation online to learn more about their list of services, or call (585) 241-0000 to discuss your options with an experienced loan officer today.

Corporate Contact information:

2541 Monroe Avenue, Rochester, NY 14618

1-877-690-7240

NMLS# 3254

Equal Housing Lender

Licensed Mortgage Banker NYSDFS

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