How to Lock in a Mortgage Rate Auburn NY

OK. You've spent weeks, maybe months shopping around for a mortgage--filling out forms on the internet, waiting on hold on the phone, dropping off paperwork at the local office--but you've finally found a great interest rate with low upfront costs. Then, right before the closing, you get an unwelcome surprise: the interest rate has gone up, or you'll have to pay thousands more in points. How did that happen? While there's no shortage of unscrupulous lenders who try to pull the old bait-and-switch, there are also legitimate reasons why the terms of a mortgage may change from the time you get your quote to the time you're actually ready to buy. You can avoid the surprises, however, with a rate lock-in, also called a rate lock or rate commitment. Here's how.

Local Companies

Bank of America - Westhill
800.432.1000
4732 Onondaga Boulevard
Syracuse, NY
Cooper Abstract Co
(315)539-5036
1 Dipronio Drive
Waterloo, NY
Solvay Bank Insurance Agency Inc
(315)484-2249
1537 Milton Avenue
SYRACUSE, NY
Lyons National Bank
(315)689-9530
2 N Main
JORDAN, NY
Community Bank NA
(607)387-7580
105 Main Street
MORAVIA, NY
Bank of America - Onondaga Hill
800.432.1000
4865 W. Seneca Turnpike
Syracuse, NY
Bank of America - Grant Avenue
800.432.1000
185 Grant Ave
Auburn, NY
The Mortgage Organization Inc.
(315)685-7283
10 Lakeview Circle
SKANEATELES, NY
National Bank of Geneva
(315)539-1000
1940 Routes 5 & 20
WATERLOO, NY
Investment Property Group
(315)689-5311
Box 190 Po
MEMPHIS, NY

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