How to Lock in a Mortgage Rate Glens Falls 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 - Glens Falls
518-792-0971
37 Bay Street
Glens Falls, NY
Wells Fargo Home Mortgage
(518)793-7291
71 Glenwood Av
QUEENSBURY, NY
Provantage Funding
(518)884-4033
2254 Route 50 South
SARATOGA SPRINGS, NY
Glens Falls National Bank & Trust CO - Ticonderoga Drive-In Wicker
(518)585-3621
250 Glen Street
GLENS FALLS, NY
Tyll And Lavigne Inc
(518) 587-2472
2 Clement Ave
Saratoga Springs, NY
Citizens Bank - Saratoga / Wal-Mart
518-583-9170
16 Old Gick Rd
Saratoga Springs, NY
Associates Of Glens Falls
(518)793-3444
Po Box 190
Glens Falls, NY
Saratoga National Bank & Trust CO
(518)584-8120
3 Carpenter Lane & Route
GANSEVOORT, NY
Preferred Home Funding Inc
(518)581-8003
77 Railroad Pl
SARATOGA SPRINGS, NY
Albany Mortgage Group
(518)761-0008
447 Glen
GLENS FALLS, NY

Related Articles
- How to Talk to Mortgage Lenders Glens Falls NY
Before you talk to mortgage lenders you should learn about your choices. In any time of economic distress it will be harder than usual to acquire a new mortgage or to refinance. Demand and boom and burst was created by easy credit and aggressive home mortgage loan companies offering temporary low payments which go up, but you just want a home loan. Not surprisingly, therefore, choices for mortgage loans will be your main concern...
- How to Avoid Foreclosure by Knowing Your Mortgage Type Glens Falls NY
- How to Understand a N.I.N.J.A. Mortgage Glens Falls NY
- Options for Home Refinancing Glens Falls NY
- How to Create a Mortgage Calculator With Microsoft Excel Glens Falls NY
- How to Compare Mortgage Programs Glens Falls NY
- Flexible Mortgage For Self Employed Glens Falls NY
- Adjustable Rate Mortgage Glens Falls NY
- Advantages and Disadvantages of Refinancing Glens Falls NY