How to Lock in a Mortgage Rate Cortland 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

Danny B. Wafer Agency
(607)753-0633
243 1/2 Port Watson St
Cortland, NY
Consumer Marketing Service
(607)273-7425
415 North Tioga Street
Ithaca, NY
Mid York Associates
(315)696-5714
4 Clinton St
Tully, NY
Alliance Bank NA - Community Branch Locations, Marathon Office
607-849-3275
Marathon, NY
Cfcu Community Credit Union
(607) 257-8500
1030 Craft Rd
Ithaca, NY
Bank of America - Groton Avenue
800.432.1000
1094 Hwy 222
Cortland, NY
Barry Scott Insurance
(607)273-8564
409 3rd Street
Ithaca, NY
Real Estate Services
(607)277-8855
204 Cornell Street
Ithaca, NY
Alliance Bank Na - Account Information Customer Service, Main Office, Main Street Office
607-756-2831
Cortland, NY
Tompkins County Trust Company
(607)844-8282
North Street Extension
DRYDEN, NY

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