How to Lock in a Mortgage Rate Ballston Spa 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

Citizens Bank - Saratoga / Wal-Mart
518-583-9170
16 Old Gick Rd
Saratoga Springs, NY
Berkshire Bank
518-348-6523
Clifton Park, NY
Northern Funding
(518)371-6886
634 Plank Road
CLIFTON PARK, NY
Hartford Funding Limited
(518)372-3163
322 Ballston Road
SCHENECTADY, NY
Century Health Capital Inc
(518) 583-1667
358 Broadway Ste 401
Saratoga Springs, NY
Bank of America - Niskayuna
518.382.5877
1757 Union St
Schenectady, NY
Bank of America - Saratoga Springs
800.432.1000
27 Division St
Saratoga Springs, NY
C T X Mortgage Company
518-347-1383
Schenectady, NY
LEGG Mason Real Estate Services
(518)220-1100
950 New Loudon Road Suite 240
LATHAM, NY
eMortgage- LLC
(518)786-0900
6 Century Hill Dr
LATHAM, NY