How to Lock in a Mortgage Rate Merrick 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 - East Northport SS
631-499-7300
3126 Jericho Turnpike Rt 25
East Northport, NY
Jeffrey Lewis, CFP, ChFC
7 White Deer Court
Huntington, NY
Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
Locust Valley, NY
New Horizons Business Enterprise Inc
(718)990-8943
13711 159th Street
JAMAICA, NY
Citimortgage Inc
(718)805-0008
9504 Jamaica Avenue
WOODHAVEN, NY
Capital One
631-368-3000
291B Clay Pitts Rd
East Northport, NY
Helen Beichel
1133 Park Place
Brooklyn, NY
Mr. Michael H. Fliegelman (RFC®), CHFC, CLU
631 806 3568
5 Harborfields Ct
Greenlawn, NY
Mr. Michael J. Goldsmith (RFC®), LUTCF
516 541 0111
549 Broadway Street Suite 201
Massapequa, NY
National Lending Of New York
(718)925-8400
131-02 Liberty Av
SOUTH RICHMOND HILL, NY
Data Provided by:
    

Related Articles
- Options for Home Refinancing Merrick NY
There are many options for home refinancing; the one you choose will most likely depend on your particular circumstances as well as the reason for the refinance. In the following paragraphs, we'll look at reasons why people refinance their home mortgages as well as a few options for home refinancing.
- Advantages and Disadvantages of Refinancing Merrick NY
- Flexible Mortgage For Self Employed Merrick NY
- How to Talk to Mortgage Lenders Merrick NY
- Adjustable Rate Mortgage Merrick NY
- How to Compare Mortgage Programs Merrick NY
- How to Create a Mortgage Calculator With Microsoft Excel Merrick NY
- How to Avoid Foreclosure by Knowing Your Mortgage Type Merrick NY
- How to Understand a N.I.N.J.A. Mortgage Merrick NY