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

HSBC Bank
1.800.975.HSBC (4722)
Across From Key Foods 1609 Main Street
Pleasant Valley, NY
Charter One Bank New Loan Information Residential Mortgage And Construction Loans Mort
(845)279-5545
1515 Route 22
Brewster, NY
Sound Federal Savings - Yorktown Heights
(914)962-3883
1961 Commerce Street
YORKTOWN HEIGHTS, NY
Hudson Valley Capital
(914)528-0472
Peekskill Hollow Rd
PUTNAM VALLEY, NY
ADS Funding Corp
(845)255-7111
40 Rocky Hill Rd
NEW PALTZ, NY
HSBC Bank
1.800.975.HSBC (4722)
Jefferson Valley Mall 650 Lee Blvd
Yorktown Heights, NY
Citizens Bank - Brewster
845-279-6166
1515 Route 22 Ste. D-1
Brewster, NY
Charter One Bank - New Loan Information, Residential Mortgage & Construction Loans
845-635-2402
Pleasant Valley, NY
Residential Home Funding Corp
(845)563-3801
5020 Route 9W
NEWBURGH, NY
Hudson Heritage Federal Credit Union
(845)561-5607
2 Corwin Court
NEWBURGH, NY

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