How to Lock in a Mortgage Rate Forest Hills 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

Bank of America - Carlstadt
800.432.1000
643 Paterson Ave
Carlstadt, NJ
Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
Locust Valley, NY
Sis Brokerage Inc
(516)681-3344
80 North Broadway Suite 2005
HICKSVILLE, NY
Financial Access Corporation
(914)834-2356
2179 Boston Post Road
LARCHMONT, NY
Brockway Barry J ESQ
(212)334-4800
254 Canal Street
NEW YORK, NY
Capital One
718-232-4907
7120 New Utrecht Ave
Brooklyn, NY
Helen Beichel
1133 Park Place
Brooklyn, NY
Mr. Michael J. Goldsmith (RFC®), LUTCF
516 541 0111
549 Broadway Street Suite 201
Massapequa, NY
Home Front Financial Services
(516)827-9004
420 Jericho Turnpike
JERICHO, NY
Coldwell Banker
(718)258-1222
3003 Avenue M
BROOKLYN, NY
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