How to Lock in a Mortgage Rate Maspeth 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

Spectrum Funding
(516)933-3200
100 Jericho Turnpike
Jericho, NY
Helen Beichel
1133 Park Place
Brooklyn, NY
Allstate Insurance Paul (taehee) Lee
(201)784-1371
105 Ver Valen Street
Closter, NJ
The Mortgage Mall Inc.
(516)374-7083
1360 Boxwood drive west
HEWLETT, NY
AAA DeClara Funding
(516)488-8000
1983 Marcus Avenue Suite C105
NEW HYDE PARK, NY
Britz Abstract Co
(201)487-1570
1 Bergen County Plaza
Hackensack, NJ
Washington Mutual Bank Locations Greenwich Village
(212)353-6266
340 Avenue Of The Americ
New York, NY
Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
Locust Valley, NY
Washington Mutual
(718)824-3019
1489 Metropolitan Avenue
BRONX, NY
Bankers Capital Realty Advisors
(212)605-0460
575 Madison Avenue Floor 10
NEW YORK, NY
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