How to Lock in a Mortgage Rate Plattsburgh 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

TD Bank
Highgate Plaza, 351 Swanton Road
St. Albans, VT
Glens Falls National Bank And Trust Co Plattsburgh
25 Margaret Street Suite 5
Plattsburgh, NY
Maple Tree Mortgage
196 Battery Street
Burlington, VT
Free Trader
21 McKinley Avenue Suite 3
Universal Mortgage Corporation
(802) 654-7896
19 Roosevelt Hwy Ste 110
Colchester, VT
TD Bank
714 State, Route 3
Plattsburgh, NY
Citizens Bank - Burlington VT
148 College St
Burlington, VT
Tupper Lake National Bank Branch Offices
519 State Route 3
Plattsburgh, NY
Homebound Mortgage Inc
150 Water Tower Road
Colchester, VT
Phh Mortgage Corporation
(866) 899-8380
346 Shelburne Rd
Burlington, VT

Related Articles
- Adjustable Rate Mortgage Plattsburgh NY
Adjustable rate mortgages (also known as ARMs) are one of the most common types of mortgages for homeowners. Adjustable rate mortgages have an adjusting interest rate that is tied to an established index. Your monthly payments will actually vary based upon several factors that are actually beyond your control. The decision between an adjustable rate mortgage and a fixed rate mortgage is a very important one depending upon your financial circumstances. The decision, like any major life decision, requires careful thought and consideration.
- How to Create a Mortgage Calculator With Microsoft Excel Plattsburgh NY
- Options for Home Refinancing Plattsburgh NY
- Advantages and Disadvantages of Refinancing Plattsburgh NY
- How to Talk to Mortgage Lenders Plattsburgh NY
- How to Compare Mortgage Programs Plattsburgh NY
- Flexible Mortgage For Self Employed Plattsburgh NY
- How to Understand a N.I.N.J.A. Mortgage Plattsburgh NY
- How to Avoid Foreclosure by Knowing Your Mortgage Type Plattsburgh NY