How to Lock in a Mortgage Rate Centereach 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

JOSEPH CONBOY
P. O. BOX 449
SHOREHAM, NY
Mr. Albert F. Coletti (RFC®), CHFC, CLU
631 979 6161 x102
P.O. Box 728
Smithtown, NY
Interlink Mortgage Corp
(631)851-1094
300 Rabro Dr
HAUPPAUGE, NY
American Mortgage Express Corporation
(631)342-8100
100 Corporate Plaza
ISLANDIA, NY
United Mortgage Corp
(631) 724-7070
510 Broadhollow Rd Ste 202
Melville, NY
Jeffrey Lewis, CFP, ChFC
7 White Deer Court
Huntington, NY
Mr. Michael H. Fliegelman (RFC®), CHFC, CLU
631 806 3568
5 Harborfields Ct
Greenlawn, NY
Mr. Richard A. Fallica (RFC®), CEP
631 979 6161
P.O. Box 728
Smithtown, NY
Champion Mortgage
(631)471-0500
600 Portion Road
RONKONKOMA, NY
Reliance First Capital Llc
(516) 422-8800
270 S Service Rd Ste 25
Melville, NY
Data Provided by:
    

Related Articles
- Advantages and Disadvantages of Refinancing Centereach NY
Refinancing your mortgage is when you get a new mortgage loan out and use the money from the new loan to pay off your old mortgage loan. In some cases refinancing home loan options are a good idea, and in some cases, refinancing your home loan is not such a good idea. Sometimes, refinancing your mortgage may cost you more money in the long run.
- Options for Home Refinancing Centereach NY
- How to Talk to Mortgage Lenders Centereach NY
- How to Create a Mortgage Calculator With Microsoft Excel Centereach NY
- How to Compare Mortgage Programs Centereach NY
- Adjustable Rate Mortgage Centereach NY
- How to Avoid Foreclosure by Knowing Your Mortgage Type Centereach NY
- How to Understand a N.I.N.J.A. Mortgage Centereach NY
- Flexible Mortgage For Self Employed Centereach NY