How to Lock in a Mortgage Rate College Point 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

Chase Bank
(914) 251-3302
2900 Westchester Avenue
Purchase, NY
Willco Home Improvment
(718)322-2715
123 -42 Inwood
South Ozone Park, NY
Jared Cutler
611 Pondside Drive
White Plains, NY
Mr. Michael J. Goldsmith (RFC®), LUTCF
516 541 0111
549 Broadway Street Suite 201
Massapequa, NY
Continental Funding
(718)488-8888
2254 East 29
BROOKLYN, NY
Chase Bank
(212) 304-2286
161 Dyckman St
New York, NY
Vanguard Coverage Corp
(516)541-9466
552 Broadway
Massapequa, NY
Helen Beichel
1133 Park Place
Brooklyn, NY
Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
Locust Valley, NY
Fortune Mortgage Service
(212)343-2282
185 Canal Street
NEW YORK, NY
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