How to Lock in a Mortgage Rate Glen Oaks 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

Allstate Insurance Jennifer Reilly
(516)759-9500
256 Glen Street
Glen Cove, NY
Jeffrey Lewis, CFP, ChFC
7 White Deer Court
Huntington, NY
Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
Locust Valley, NY
Temple Inland Mortgage Corporation
(631)293-6800
534 Broadhollow Road Suite 420
MELVILLE, NY
Block Kenneth CPA
(516)568-0100
20 East Sunrise Highway Suite 200
VALLEY STREAM, NY
Bank of America - Lexington Avenue/75th Street
212 774.1883
1066 Lexington Avenue
New York, NY
Helen Beichel
1133 Park Place
Brooklyn, NY
Mr. Michael H. Fliegelman (RFC®), CHFC, CLU
631 806 3568
5 Harborfields Ct
Greenlawn, NY
Mr. Michael J. Goldsmith (RFC®), LUTCF
516 541 0111
549 Broadway Street Suite 201
Massapequa, NY
Phoenix Capital Group Inc
(718)636-8000
394 Waverly Avenue
BROOKLYN, NY
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