How to Lock in a Mortgage Rate Coram 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

The Afikoch Agency
Po Box 1605
Rocky Point, 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
Lancaster Mortgage Bankers
44 Main
Residential Home Funding Corporation
(631) 569-2211
1713 5Th Ave Ste H
Bay Shore, NY
A1 Mortgagesreal Estate Mortages
6001 C Jericho Turn Pike
Commack, NY
P. O. BOX 449
Mr. Albert F. Coletti (RFC®), CHFC, CLU
631 979 6161 x102
P.O. Box 728
Smithtown, NY
Washington Mutual
301 Route 25A
750 Middle Country Rd
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