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
84 Congress St/Gr. Union Plz
Saratoga Springs, NY
Sunset Mortgage
12 Wade Road
Mohawk Community Bank
115 Ballston Avenue
Guardian Loan Company of Massapequa Inc
100 Clifton Corporate Park
Carteret Mortgage
59 Snake Hill Road
Citizens Bank - Glenville / Wal-Mart
200 Dutch Meadows Lane
East Glenville, NY
Accu Data Search
621 Columbia Street Extension
Latham, NY
Preferred Home Funding Inc
77 Railroad Pl
LEGG Mason Real Estate Services
950 New Loudon Road Suite 240
Countrywide Home Loans
579 Schenectady Street

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