How to Lock in a Mortgage Rate Hauppauge 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 Michael Gargano
1085 N Broadway
Massapequa, NY
P. O. BOX 449
Mr. Michael J. Goldsmith (RFC®), LUTCF
516 541 0111
549 Broadway Street Suite 201
Massapequa, NY
Mr. Richard A. Fallica (RFC®), CEP
631 979 6161
P.O. Box 728
Smithtown, NY
American Home Mortgage
254 Islip Avenue
Bank of America - Plainview
565 South Oyster Bay Rd
Plainview, NY
Jeffrey Lewis, CFP, ChFC
7 White Deer Court
Huntington, NY
Mr. Michael H. Fliegelman (RFC®), CHFC, CLU
631 806 3568
5 Harborfields Ct
Greenlawn, NY
Mr. Albert F. Coletti (RFC®), CHFC, CLU
631 979 6161 x102
P.O. Box 728
Smithtown, NY
Concord Mortgage Corporation
Hicksville, NY
Data Provided by:

Related Articles
- Advantages and Disadvantages of Refinancing Hauppauge 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.
- How to Talk to Mortgage Lenders Hauppauge NY
- How to Avoid Foreclosure by Knowing Your Mortgage Type Hauppauge NY
- Flexible Mortgage For Self Employed Hauppauge NY
- How to Compare Mortgage Programs Hauppauge NY
- How to Understand a N.I.N.J.A. Mortgage Hauppauge NY
- How to Create a Mortgage Calculator With Microsoft Excel Hauppauge NY
- Options for Home Refinancing Hauppauge NY
- Adjustable Rate Mortgage Hauppauge NY