How to Lock in a Mortgage Rate Bellerose 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

J. J Cohen Agency
(718)721-0400
2505 30th Ave
Astoria, NY
Helen Beichel
1133 Park Place
Brooklyn, NY
Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
Locust Valley, NY
First Priorty Financial Inc
(201)242-1211
158 Linwood Plaza Suite 211
Fort Lee, NJ
Capuano Matteo Real Estate
(516)678-2133
350 Sunrise Highway
ROCKVILLE CENTRE, NY
Bank of America - Farmingdale-Rte-110
631.249.0710
927 Route 110
Farmingdale, NY
First Republic Bank Rockefeller Center
(212)259-3600
1230 Avenue Of The Americ
New York, NY
Jeffrey Lewis, CFP, ChFC
7 White Deer Court
Huntington, NY
Mr. Michael J. Goldsmith (RFC®), LUTCF
516 541 0111
549 Broadway Street Suite 201
Massapequa, NY
Infinite Resources
(516)294-4285
143 Willis Avenue
MINEOLA, NY
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