How to Lock in a Mortgage Rate Holbrook 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

Alydar Agency Inc.
(631)864-7171
821 W. Jericho Turnpike
Smithtown, 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. Richard A. Fallica (RFC®), CEP
631 979 6161
P.O. Box 728
Smithtown, NY
Long Island Commercial Bank
(631)293-0888
610 Broadhollow Road
MELVILLE, NY
HSBC Bank
1.800.975.HSBC (4722)
Baylis Road 534 Broad Hollow Rd
Melville, NY
Insurance And Asset Organiz
(631)543-7311
12 Shelly Ct
Smithtown, NY
JOSEPH CONBOY
P. O. BOX 449
SHOREHAM, NY
Mr. Albert F. Coletti (RFC®), CHFC, CLU
631 979 6161 x102
P.O. Box 728
Smithtown, NY
Oxford Tower Limited
(631)981-0505
2780 Middle Country Road
LAKE GROVE, NY
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