How to Lock in a Mortgage Rate Elmira 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 - Consumer Square/Tops
607-796-2217
830 County Rd 64
Elmira, NY
Cooper And Pautz
(607)739-8763
2854 Westinghouse Road
Horseheads, NY
1st Abstract Agency
(570)888-0153
146 West Lockhart Street
Sayre, PA
Elmira Savings Bank - Branch Offices
(607)734-3374
930 West Church Street
ELMIRA, NY
Chemung Financial Corporation
(607)737-3711
1 Chemung Canal Plaza
ELMIRA, NY
HSBC Bank
1.800.975.HSBC (4722)
Chemung Co. Court House 150 Lake St
Elmira, NY
Piper Agency The
(607)937-6028
318 B Park Avenue
Corning, NY
Community Bank Na Commercial Loan Department
(607)936-2827
240 South Hamilton Street
Painted Post, NY
Visions Federal Credit Union
(607)795-4183
2898 Westinghouse Road
HORSEHEADS, NY
Community Bank NA - Corning North
(607)937-5471
331 West Pulteney Street
CORNING, NY

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