How to Lock in a Mortgage Rate Beacon 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 - Montgomery
21 Union St
Montgomery, NY
M And T Bank Branches Hopewell Junction
424 Route 376
Hopewell Junction, NY
Emerald Paralegal Services
P.o. Box 203
Poughkeepsie, NY
Myles Mortgage Service Inc
1008 Main St
B P G Mortgage Corporation
5 Baltic Place Suite 2
Chase Bank
(845) 446-4981
271 Main St
Highland Falls, NY
Wells Fargo - Carmel
259 Route 52
Carmel, NY
James Florist
43 Hollowbrook
Newburgh, NY
Suntrust Mortgage Inc
5020 Route 9W
Infinity Home Furnishing
2 Mill Street

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