How to Lock in a Mortgage Rate Floral Park 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

Baker Harold D And Co Inc
(212)687-8856
60 East 42
New York, NY
Jeffrey Lewis, CFP, ChFC
7 White Deer Court
Huntington, NY
Mr. Michael J. Goldsmith (RFC®), LUTCF
516 541 0111
549 Broadway Street Suite 201
Massapequa, NY
Millennium Mortgages
(631)423-5100
50 Woodbury Road
HUNTINGTON, NY
Island Equity Mortgage Inc
(631)773-6382
555 Broadhollow Road Suite 203
MELVILLE, NY
Aon Risk Services Inc
(212)441-2349
2 World Trade Ctr
New York, NY
Helen Beichel
1133 Park Place
Brooklyn, NY
Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
Locust Valley, NY
Eastern Mortgage Co Inc
201-569-1117
Englewood, NJ
Kriss & Feuerstein LLT
(212)661-2900
360 Lexington Avenue
NEW YORK, NY
Data Provided by:
    

Related Articles
- Advantages and Disadvantages of Refinancing Floral Park NY
Refinancing your mortgage is when you get a new mortgage loan out and use the money from the new loan to pay off your old mortgage loan. In some cases refinancing home loan options are a good idea, and in some cases, refinancing your home loan is not such a good idea. Sometimes, refinancing your mortgage may cost you more money in the long run.
- Adjustable Rate Mortgage Floral Park NY
- How to Understand a N.I.N.J.A. Mortgage Floral Park NY
- How to Talk to Mortgage Lenders Floral Park NY
- Flexible Mortgage For Self Employed Floral Park NY
- How to Compare Mortgage Programs Floral Park NY
- How to Create a Mortgage Calculator With Microsoft Excel Floral Park NY
- How to Avoid Foreclosure by Knowing Your Mortgage Type Floral Park NY
- Options for Home Refinancing Floral Park NY