The foundation will advertise and distribute through the proprietary Premium Mortgage software, which will identify eligible properties and advertise to real estate agents an incentive to encourage home buying in these targeted communities.
“I am proud to work with a group of people who are innovative and community-driven. We use the latest technology to benefit our communities and address issues that are rooted in their origins, ”said Mike Donoghue, Founder and President of Premium Mortgage. “We didn’t just want to spend money on solving this problem – it’s easy – anyone can do it. We wanted to find a way to get the money into the hands of those in need and use it to revitalize our neighborhoods. ”
Headquartered in Rochester, NY, Premium Mortgage Corporation operates in New York, Florida, Vermont, Massachusetts, Connecticut, Pennsylvania, and Ohio.