How to Lock in a Mortgage Rate Hopewell Junction 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

J And B Associates
459 Barrett Hill Road
Mahopac, NY
Miles Mortgage Service
236 South Plank Road
First Horizon Home Loans
725 Route 9
Cbc National Bank
(860) 210-0532
4 Sawmill Rd
Sherman, CT
Primelending A Plainscapital Company
(845) 564-5500
1279 Route 300 Fl 1
Newburgh, NY
Bank of America - Cornwall
25 Quaker Ave
Cornwall, NY
Ulster Savings Bank Branch Offices
226 Main Street
New Paltz, NY
Guarenteed Home Mortgage Corporation
52 North Plank Road
Action Capital Insurance Agency
1054 Freedom Plains Road
Freedom Mortgage Corporation
(914) 930-7496
1013 Brown St
Peekskill, NY