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

Citizens Bank - Westgate Plaza
585-247-1000
2042 Chili Avenue
Rochester, NY
Bank of America - Webster
800.432.1000
980 Ridge Rd
Webster, NY
Cleary Insurance Agency
(315)986-7017
3720 Main
Walworth, NY
Mortgage Funding Professionals
(585)872-9550
1445 Plank Road
WEBSTER, NY
CNB Mortgage
(585)394-4260
72 South Main Street
CANANDAIGUA, NY
Chase Bank
(585) 248-2260
31 State St
Pittsford, NY
Citizens Bank - Brighton NY
585-442-0224
2000 Monroe Avenue
Rochester, NY
Canaltown Insurance
(716)223-9110
6800 Route 31 Ste 200 P.o. Box 68
Fairport, NY
Mr. Gregory Lee Schaffer (RFC®), CFP
585-621-3300
3205 Mount Read Blvd.
Rochester, NY
High Falls Capital LLC
(585)342-5850
129 Armstrong Avenue
ROCHESTER, NY
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