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 - Grant Avenue
800.432.1000
185 Grant Ave
Auburn, NY
Owasco Abstract Corporation
(315)255-2000
160 East Genesee Street
Auburn, NY
Solvay Bank
(315)672-3092
56 Main Street
CAMILLUS, NY
Lyons National Bank
(315)689-9530
2 N Main
JORDAN, NY
Cayuga Lake National Bank
(315)889-7358
3 Cayuga
UNION SPRINGS, NY
HSBC Bank
1.800.975.HSBC (4722)
Seward Mansion- South St 63 Genesee Street
Auburn, NY
Anthony L Moran
(315)252-9141
201 Genesee St
Auburn, NY
Cooper Abstract Co
(315)539-5036
1 Dipronio Drive
Waterloo, NY
Solvay Bank
(315)487-2013
2318 West Genesee Street Stop 7
SYRACUSE, NY
Commonfund Mortgage Corporation
(315)255-2911
265 Genesee Street
AUBURN, NY