How to Lock in a Mortgage Rate Orchard 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

HSBC Bank
1.800.975.HSBC (4722)
Transit Rd Near Casey Rd 6525 Transit Rd
East Amherst, NY
Citizens Bank - Niagara Street / Tops
716-693-2658
150 Niagara St
Tonawanda, NY
Bank of America - Harlem Rd
800.432.1000
3842 Harlem Road Suite 1500
Cheektowaga, NY
Four Corners Abstract
(716)856-0868
581 Ellicott Street
Buffalo, NY
GMAC Commercial Mortgage
(716)854-1580
4 Cathedral Park
BUFFALO, NY
HSBC Bank
1.800.975.HSBC (4722)
Genesee & Hagen 2016 Genesee Street
Buffalo, NY
Citizens Bank - Creekside
716-564-2126
2797 Niagara Falls Blvd
Amherst, NY
Bank of America - Buffalo
800.432.1000
420 Main St
Buffalo, NY
Bank of America - Aurora Circle
800.432.1000
50 Grey St.
East Aurora, NY
Samuel P. Rich Jr. Agency
(716)837-6548
148 Curtis Pkwy
Buffalo, NY