How to Lock in a Mortgage Rate Baldwinsville 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

Chase Bank
(315) 424-2731
One Lincoln Center, 110 W Fayette St
Syracuse, NY
Bank of America - Eastwood
800.432.1000
2334 James St
Syracuse, NY
Power House Mortgage And Funding Company
(315)426-1537
222 Twinhills Drive
Syracuse, NY
Solvay Bank
(315)484-2200
1537 Milton Avenue
SYRACUSE, NY
Syracuse Securities Inc
(315) 424-0218
1010 James St
Syracuse, NY
Chase Bank
(315) 452-5816
5788 E Circle Dr
Cicero, NY
Citizens Bank - Shop City Plaza
315-463-9245
190 Swansea Dr
Syracuse, NY
Vanguard Risk Managers
(315)673-2094
Po Box 191
Marcellus, NY
Suncoast Mortgage Corporation
(315)451-2050
209 2nd Street
LIVERPOOL, NY
Community Bank NA
(315)564-5118
343 State Route 34
HANNIBAL, NY

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