How to Lock in a Mortgage Rate Ithaca 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 - Cortland / Tops
607-756-2436
3932 State Rt 281
Cortland, NY
Consumer Marketing Service
(607)273-7425
415 North Tioga Street
Ithaca, NY
Fleet Private Clients Group
(800)266-3085
304 Elmira Road
ITHACA, NY
Community Bank NA Interlaken
(607)532-8333
8395 Main
INTERLAKEN, NY
Avco Financial Services of New York Inc
(607)272-8471
401 Elmira Road
ITHACA, NY
Bank of America - Ithaca South
607.272.2407
304 Elmira Rd
Ithaca, NY
Danny B. Wafer Agency
(607)753-0633
243 1/2 Port Watson St
Cortland, NY
Jeffrey T. Dubert Agency
(607)273-3097
609 W Clinton St
Ithaca, NY
Cornell Fingerlakes Credit Union
(607)257-8500
1030 Craft Road
ITHACA, NY
Citifinancial
(607)756-2848
3944 State Route 281
CORTLAND, NY