How to Lock in a Mortgage Rate New Hyde Park 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

Madison Abstract Inc
(914)725-7200
670 Post Road Suite 121
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Jeffrey Lewis, CFP, ChFC
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Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
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152 Forest Ave.
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RCH Mortgage Inc
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Industrial Credit Of Canada Ltd
(516) 766-3400
1600 Stewart Avenue Suite 404
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Allstate Insurancesuzanne Saramak
(516)222-4949
666 Old Country Rd. Suite 507
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Helen Beichel
1133 Park Place
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Mr. Michael H. Fliegelman (RFC®), CHFC, CLU
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Mr. Michael J. Goldsmith (RFC®), LUTCF
516 541 0111
549 Broadway Street Suite 201
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Genesis Mortgage Finance
(212)213-0202
404 Park Avenue
NEW YORK, NY
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