How to Lock in a Mortgage Rate Lynbrook 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

Chase Bank
(516) 823-0569
368 Hemstead Ave
Malverne, NY
Washington Mutual Chinatown Bank
(212)925-7885
221 Canal Street Lbby
New York, NY
Jeffrey Lewis, CFP, ChFC
7 White Deer Court
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Mr. Michael J. Goldsmith (RFC®), LUTCF
516 541 0111
549 Broadway Street Suite 201
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Mortgage Consultant Services & Associates
(718)528-7182
24220 Merrick Boulevard
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HSBC Bank
1.800.975.HSBC (4722)
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Solomon Agency Corp
(718)461-8300
2950 Union St
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Helen Beichel
1133 Park Place
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Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
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Olympia Mortgage Corp
(718)692-2604
1413 Avenue J
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