How to Lock in a Mortgage Rate East Meadow 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

I Dachs And Sons Inc
(516)374-1900
Po Box 338
Hewlett, NY
Jeffrey Lewis, CFP, ChFC
7 White Deer Court
Huntington, NY
Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
Locust Valley, NY
Union Mutual Mortgage Accepted Corporation
(516)921-2600
6800 Jericho Turnpike Suite 204E
SYOSSET, NY
Home Mutual Mortgage
(516)547-9300
1225 Franklin Ave Suite 325
GARDEN CITY, NY
HSBC Bank
1.800.975.HSBC (4722)
Across From Post Office 260 North Ave
New Rochelle, NY
Helen Beichel
1133 Park Place
Brooklyn, NY
Mr. Michael H. Fliegelman (RFC®), CHFC, CLU
631 806 3568
5 Harborfields Ct
Greenlawn, NY
Mr. Michael J. Goldsmith (RFC®), LUTCF
516 541 0111
549 Broadway Street Suite 201
Massapequa, NY
Interlink Mortgage Corp
(631)851-1094
300 Rabro Dr
HAUPPAUGE, NY
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