January 23, 2025 by Alexia Barbarossa
In 2024 Premium Mortgage achieved a $1Billion Servicing Portfolio, along with originating over $1Billion annually from 2020 through 2024.
“Premium works differently than others in our industry,” said David Gates Chief Operating Officer of the firm, “We spend countless hours working with our team to draw on the expertise we have in-house with one goal – to be the best in our industry.”
Premium Mortgage Corporation has continually been recognized as a leader in Upstate NY and ranked #1 with the highest purchase mortgage lending volumes in Rochester for the last twelve consecutive years and in Buffalo for the last three years running.
They take great pride in what they do to uphold their reputation for delivering exceptional service to real estate agents and their borrowers.
They coupled with a tenured, knowledgeable and compassionate team of experts available throughout the home buying process. In addition to being the largest purchase money lender in the region, Premium consistently supports those purchasing homes in Majority-Minority housing tracts, Low- to-Moderate income borrowers and homebuyers who serve the community.
Beginning the Spring of 2021 Premium deployed programs to financially assist these segments of the market by awarding over $2.5M throughout their lending footprint. They have displayed inventive excellence in assisting many first-time home buyers realize the American dream of home ownership, aiding over 1,548 households. Many of these programs are combined with Fannie Mae, Freddie Mac and SONYMA Down Payment Assistance Loans or First Time Home Buyer Grants.
Premium provides an all-inclusive borrower experience by providing Mortgage Pre-Qualifications in this fiercely competitive market, a wide array of mortgage products such as Fannie Mae and Freddie Mac Seller/Servicer, FHA, VA, USDA, and SONYMA and the in- house retention of the mortgage servicing from loan closing through loan discharge.
With offices in Rochester, Buffalo, and Albany Premium employees over 250 professionals with one goal: Identify and satisfy what our customers need and help them every step of the way. “We look forward to serving agents and borrowers for many years to come,” Alexia Barbarossa, Executive Vice President.
