How to Lock in a Mortgage Rate Brewster 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

Wells Fargo - Danbury Mill Plain
203-830-3888
108 Mill Plain Rd
Danbury, CT
Citizens Bank - Fishkill
845-896-7910
463 Route 9
Fishkill, NY
Stamford Mortgage Company
(203)938-0695
49 Ledgewood Road
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Horizon Financial Group
(845)226-2993
6 Trinity Way
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Citimortgage Inc
(845)471-5030
1351 Route 55
LAGRANGEVILLE, NY
TD Bank
203-544-8108
60 Redding Road
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TD Bank
845-628-8576
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Savings Bank Of Danbury
(203)830-4390
35 West Street
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Putnam Funding LLC
(845)621-1100
97 Oak Ridge Circle
MAHOPAC, NY
Genauer Emanuel
(914)238-0578
1 South Greeley Av
CHAPPAQUA, NY