When you're navigating the murky world of real estate financing there is one brand in Rochester, NY stands out: Preferred Mortgage Corporation. From first-time homebuyers to seasoned homeowners and business property managers, this independently owned mortgage broker offers experience, personalized service, and an extensive network of credit options. Through licenses issued in New York and Florida, and expertise that spans Conventional, Jumbo, FHA, VA, USDA, and DSCR loans, Preferred Mortgage helps clients reach their financial goals with certainty and clarity. how to find a mortgage broker in rochester
Why Should You Choose Preferred Mortgage Corporation?
1. Independent Mortgage Broker Advantage
In contrast to banks that promote different products for their customers, Preferred Mortgage is a separate entity. Clients have access to the different range of lenders and are able to evaluate rates, terms, and requirements that are tailored to the specific needs of their financial situation. Whether you're in Webster, Brighton, Penfield, Greece, or anywhere within the Rochester region Preferred Mortgage can ensure that you're not confined by a single lender's terms.
2. is licensed and has experience across States
With licenses with licenses in New York and Florida The team has the ability to manage residential as well as commercial loans within different regulatory contexts. Their NLMS #44812 provides compliance, professionalism, and complete transparency for every transaction.
Mortgage Services to meet your every need
1. Home Mortgages in Rochester, NY
Homeownership is a dream for many and Preferred Mortgage has a commitment to making it available. Their residential mortgage options include:
Conventional Lending - Competitive rates for buyers with solid credit.
FHA Loans Great for first time buyers with limited savings or a lower credit score.
VA Loans designed to assist veterans and active military personnel, with no down payment required.
USDA Loans - Designed for rural property buyers with zero-down options.
Jumbo Loans to properties of high value over conventional loan limits.
From the mortgage pre-approval process in Rochester NY to closing they guide you through each step with clarity and passion.
2. Mortgage Refinancing
Homeowners who want to cut their monthly payments, shorten the terms of loans, or even access funds, refinancing can be a smart move. Preferred Mortgage makes it easier to take care of:
Refinancing rates and terms
Cash-out refinancing
Refinancing FHA, VA, and USDA loans
As a result of having access to the most affordable mortgage rates available in Rochester NY, clients often save a lot of money over the duration of their mortgage.
3. Commercial Mortgages
Whether you're acquiring retail space, office space or multi-family properties, Preferred Mortgage's commercial division offers:
SBA Loans
Short-term bridge financing
DSCR Lending (Debt Service Coverage Ratio-based credit qualification)
The LLC can provide loans for properties owned by the LLC.
New construction loans
Fix and flip finance
Their commercial mortgage broker team located in Rochester NY helps businesses secure the capital they need to grow or restructure.
Specialty Mortgage Solutions
1. copyright Loans
Self-employed people typically have difficulty getting loans using traditional documentation. Preferred Mortgage provides the copyright mortgage in Rochester, evaluating the income of a business based on 12-24 months of statements from businesses. This is ideal for entrepreneurs, freelancers, and freelancers.
2. down payment assistance
In addition, the high initial costs can 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 The Loans for Investors
For investors in real estate, DSCR (Debt-Service Coverage Ratio) loans can be qualified based on rental income and not personal W-2s or tax returns. This allows investors to build portfolios while keeping personal liquidity.
The Local Mortgage Experts: Rochester, NY
Personalized, Local Service
It is located at 1674 Empire Blvd. located at Suite 200 Webster, NY Preferred Mortgage is the mainstay in the Greater Rochester Area, including Greece, Penfield, Fairport and Brighton. Unlike online lenders or national banks that are not faceless, their team is local and accommodating, ready to visit clients in person and assist them from prequalification and closing.
Mortgage Calculators & Resources
Their site offers a variety of useful tools like the mortgage calculator in NY in addition to educational resources and financial guides. You may be asking questions such as, "How much house can I afford in Rochester?" or "Should I take a fixed vs. Variable mortgage?", you'll find helpful answers.
A streamlined Pre-Approval Procedure
Finding out if you've been approved for preapproval of a home loan in Rochester would be the initial stage in your journey to purchase. Pre-approved mortgage offers:
Applications online that are quick and easy to download
Letters of pre-approval on the same day
Expert consultation for improving credit and enhancing eligibility
Clar explanations of mortgage terms and the requirements
For those who are first-time buyers or moving up to larger property, having a credit card commitment before appraisal assists you in negotiating confidently.
Fix & Flip, Construction, and Investment Loans
For home builders and investors The company offers:
Repair and Flip loans with quick closings and short terms
A New Home Construction Lending for custom or spec build
Investment Property Loans made to meet the needs of your portfolio
You may be financing through an mortgage broker to finance an LLC properties situated in Rochester or if you're looking at real estate investor loans in the city, the Preferred Mortgage team aligns funding with your strategy.
It's the People Behind the Service
Raving Client Reviews
With more than 19 glowing ratings by Google, Preferred Mortgage is highly praised for:
Transparent communication
Rapid, seamless processing
Tailored solutions to meet complex requirements
Clients highlight the professionalism of team members such as Chuck, Jason, Steve and Michele and are well-known for their commitment and meticulous approach.
Sample Testimonials:
"They walked me through every step of the way and made the experience stress-free." - Damla A.
"Chuck and his team was professional and kept me updated." Then Leonard C.
"They did exactly what they promised within the time frame we gave them." - Rob C.
The consistency of their service makes them one of the most trusted Mortgage brokers located in Rochester NY.
Tools for Educating Borrowers
Preferred Mortgage doesn't just make loans. They also empower customers. Starting from explaining the differences between brokers and banks to providing customers with no-doc mortgage alternatives and navigating how to get a mortgage for prospective buyers living in Rochester The team is sure to provide informed choices throughout every step.
Fixed Variable. Variable Mortgages
Selecting the appropriate loan type is a crucial factor in long-term financial health. Preferred Mortgage can help clients understand:
Fixed-Rate Mortgages are ideal to maintain budget consistency over time.
Vary-Rate mortgages are a possibility to start lower but may carry risk for the market.
Their experts will guide you according to your risk tolerance or income stability, as well as the investment timeframe.
Contact and accessibility
You can contact Preferred Mortgage through various channels:
Toll-Free: 800-320-0447
Office: 585-288-2930
Email: [email protected]
Client Login Portal for keeping track of your loan application
You can also join via Facebook, Instagram, YouTube, LinkedIn, and X (Twitter) for updates and educational content.
Frequently Answered Questions
Q: Are brokers better than a bank for a mortgage?
Q: Indeed, broker access is available to many type of loan and lender types, that means better rates and terms that are more flexible, as well as a personalized service.
Q: What's the difference between prequalification and pre-approval?
A: Prequalification is a brief review of your finances in order to determine the amount you can borrow. Pre-approval includes verification of your documentation and provides you with a pre-approved loan amount, which makes your offers more appealing.
Q Do I qualify for 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 loan programs tailored to lower scores.
Final Thoughts
You may be looking for an homeowner's loan for Rochester NY, refinancing your mortgage, or securing capital for expansion in your business, Preferred Mortgage Corporation offers unbeatable advice, resources as well as service. A local mortgage broker located in Webster, NY, they are able to bring together regional resources and values that focus on the community. This helps to secure the perfect mortgage with ease and speed.
Are you ready for your step?
Make an appointment today to get pre-approved
or contact the team directly to discuss financing options with Rochester's most reliable mortgage specialists.