How to Lock in a Mortgage Rate Clifton Park 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

Centract Data Corporation
(518)475-7990
20 Brookview Avenue
Delmar, NY
U S Capital Funding Corp
(518)587-5251
178 Elm
SARATOGA SPRINGS, NY
Hometown Mortgage Corp
(518)842-8500
4193 State Route 30
AMSTERDAM, NY
Carteret Mortgage
(518)374-2366
59 Snake Hill Road
SCHENECTADY, NY
Adirondack Trust Company
(518) 584-5844
473 Broadway
Saratoga Springs, NY
TD Bank
518-373-7047
15 Park Avenue
Clifton Park, NY
C T X Mortgage Company
518-347-1383
Schenectady, NY
Provantage Funding
(518)884-4033
2254 Route 50 South
SARATOGA SPRINGS, NY
Century Health Capital
(518)583-1667
358 Broadway
SARATOGA SPRINGS, NY
Alliance Mortgage Banking Corporation
(518)583-1177
376 Broadway
SARATOGA SPRINGS, NY

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