How to Lock in a Mortgage Rate Cohoes 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

Citizens Bank - Rotterdam
518-356-3100
1725 Altamont Ave
Schenectady, NY
Bank of America - Cohoes
800.432.1000
91 Remsen St
Cohoes, NY
Allstate Insurancebarton Insurance Agency Inc.
(518)786-3975
623 New Loudon Rd (1 Mi. S Of The Latham Circle)
Latham, NY
Hartford Funding Limited
(518)372-3163
322 Ballston Road
SCHENECTADY, NY
Commercial Mortgage Network
(518)272-3814
200 Broadway
TROY, NY
HSBC Bank
1.800.975.HSBC (4722)
Times Union Center 30 South Pearl Street
Albany, NY
Citizens Bank - Altamont Ave./Price Chopper
518-357-2180
1879 Altamont Ave. Suite 2
Shenectady, NY
Allstate Insurance Farouk Elgidelyahmed
(518)371-3206
1226 Route 146
Clifton Park, NY
Capital Region Home Ownership Center
518-869-1800
Albany, NY
CTX Mortgage Company
(518)347-1383
376 Broadway
SCHENECTADY, NY