How to Lock in a Mortgage Rate Lancaster 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 - Union Rd/Tops
716-684-6207
3865 Union Rd.
Cheektowaga, NY
Allstate Insurance Bob White
(716)631-0030
1325 Millersport Hwy
Williamsville, NY
Triumph Funding Corp
(716)626-3303
8201 Main
BUFFALO, NY
Funding Made Easy- Inc.
(716)438-2692
6823 Erica Lane
LOCKPORT, NY
Citifinancial
(716)831-0014
2800 Sheridan Drive
TONAWANDA, NY
HSBC Bank
1.800.975.HSBC (4722)
Court & Washington 14 Lafayette Square
Buffalo, NY
Bank of America - Tonawanda
800.432.1000
1188 Niagara Falls Blvd
Tonawanda, NY
The Closing Advantage Inc
(716)626-1221
8616 Main St Suite 1
Williamsville, NY
Household Finance Corporation
(716)835-8383
3314 Sheridan Drive
BUFFALO, NY
Citifinancial
(716)565-3640
5110 Main Street Suite 302
BUFFALO, NY