How to Lock in a Mortgage Rate Bellmore 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

Capital One
516-741-2400
118 7Th Street
Garden City, NY
Jeffrey Lewis, CFP, ChFC
7 White Deer Court
Huntington, NY
Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
Locust Valley, NY
Concord Mortgage Corp
(516)433-0008
550 Old Country Rd
PLAINVIEW, NY
Ameritrust Mortgage Bankers
(516)348-8888
1 Fulton Avenue Suite 17
HEMPSTEAD, NY
HSBC Bank
1.800.975.HSBC (4722)
1315 Peninsula Blvd.
Hewlett, NY
Dipalma Janine L Insurance Agency Inc
(631)665-4952
1 North Windsor Avenue
Brightwaters, NY
Mr. Michael H. Fliegelman (RFC®), CHFC, CLU
631 806 3568
5 Harborfields Ct
Greenlawn, NY
Mr. Michael J. Goldsmith (RFC®), LUTCF
516 541 0111
549 Broadway Street Suite 201
Massapequa, NY
Bira Enterprises Inc
(516)538-7525
699 Nassau Road
UNIONDALE, NY
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