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

TD Bank
(718) 987-2356
1540 Hylan Boulevard
Staten Island, NY
Helen Beichel
1133 Park Place
Brooklyn, NY
Mr. Michael J. Goldsmith (RFC®), LUTCF
516 541 0111
549 Broadway Street Suite 201
Massapequa, NY
Powerpoint Inc
(718)816-7600
1576 Forest Avenue
STATEN ISLAND, NY
My Own Mortgage Inc
(718)738-5900
11705 115th Avenue
SOUTH OZONE PARK, NY
HSBC Bank
1.800.975.HSBC (4722)
Fifth Ave & 2Nd St 50 Fifth Ave
Pelham, NY
Bank of America - South Hempstead
800.432.1000
1150 Grand Ave
South Hempstead, NY
Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
Locust Valley, NY
Shelter Rock Mortgage CO
(718)291-4600
1 Hollow Lane
NEW HYDE PARK, NY
NYC NOTARY
914-325-4039
279 Northbroadway
YONKERS, NY
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