How to Lock in a Mortgage Rate Fairport 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
(585) 723-6092
358 Greece Ridge Center Dr
Rochester, NY
Bank of America - Churchville
800.432.1000
38 S. Main St
Churchville, NY
Bank of America - Rochester
800.432.1000
1394 Norton St
Rochester, NY
Mr. Gregory Lee Schaffer (RFC®), CFP
585-621-3300
3205 Mount Read Blvd.
Rochester, NY
Citibank (New York State)
(585)227-6577
3165 Latta Road
ROCHESTER, NY
HSBC Bank
1.800.975.HSBC (4722)
In Country Club Plaza 825 Fairport Road
East Rochester, NY
Citizens Bank - Ridgemont Plaza
585-227-5880
2833 Ridge Road W.
Rochester, NY
Bank of America - Irondequoit
800.432.1000
1381 E. Ridge Rd
Rochester, NY
Allstate Insurance Roohi Haroon
(585)244-8670
2140 Clinton Avenue South
Rochester, NY
Citibank (New York State)
(585)586-8953
3330 Monroe Avenue
EAST ROCHESTER, NY
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