How to Lock in a Mortgage Rate Central Islip 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

P And R Funding
(631)951-0700
118 Carleton Avenue
Central Islip, 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. Albert F. Coletti (RFC®), CHFC, CLU
631 979 6161 x102
P.O. Box 728
Smithtown, NY
Aliano Confidential Business Brokers
(631)744-5000
970 Route 25A
MILLER PLACE, NY
Citizens Bank - Medford Yaphank SS
631-345-2950
700 Patchogue Yaphank Rd
Medford, NY
Mckinnon Doxsee Agency
(516)931-0600
276 Duffy Ave
Hicksville, NY
JOSEPH CONBOY
P. O. BOX 449
SHOREHAM, NY
Mr. Michael J. Goldsmith (RFC®), LUTCF
516 541 0111
549 Broadway Street Suite 201
Massapequa, NY
Mr. Richard A. Fallica (RFC®), CEP
631 979 6161
P.O. Box 728
Smithtown, NY
Data Provided by:
    

Related Articles
- Options for Home Refinancing Central Islip NY
There are many options for home refinancing; the one you choose will most likely depend on your particular circumstances as well as the reason for the refinance. In the following paragraphs, we'll look at reasons why people refinance their home mortgages as well as a few options for home refinancing.
- Adjustable Rate Mortgage Central Islip NY
- Advantages and Disadvantages of Refinancing Central Islip NY
- How to Create a Mortgage Calculator With Microsoft Excel Central Islip NY
- How to Avoid Foreclosure by Knowing Your Mortgage Type Central Islip NY
- How to Understand a N.I.N.J.A. Mortgage Central Islip NY
- Flexible Mortgage For Self Employed Central Islip NY
- How to Compare Mortgage Programs Central Islip NY
- How to Talk to Mortgage Lenders Central Islip NY