How to Lock in a Mortgage Rate Poughkeepsie 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

Bank of America - Poughkeepsie
800.432.1000
45 Market St
Poughkeepsie, NY
Midhudson Valley Federal Credit Union Kingston
(845)336-4444
1099 Morton Boulevard
Kingston, NY
Chicago Title Insurance Co
(845)562-4600
94 Market Street
Poughkeepsie, NY
Cornerstone Funding CO
(845)562-0066
5020 Route 9W
NEWBURGH, NY
Citifinancial
(845)297-3920
1839 South Road
WAPPINGERS FALLS, NY
Chase Bank
(845) 562-9400
201 Auto Park Pl
Newburgh, NY
TD Bank
845-896-2347
18 Westage Drive, Suite 15
Fishkill, NY
John J. Oconnor Agency
(845)569-1322
316 Blooming Grove Tpke
New Windsor, NY
Hudson Heritage Federal Credit Union
(845)561-5607
2 Corwin Court
NEWBURGH, NY
Citifinancial
(845)336-0052
1200 Ulster Avenue
KINGSTON, NY

Related Articles
- Options for Home Refinancing Poughkeepsie 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.
- How to Create a Mortgage Calculator With Microsoft Excel Poughkeepsie NY
- How to Avoid Foreclosure by Knowing Your Mortgage Type Poughkeepsie NY
- How to Compare Mortgage Programs Poughkeepsie NY
- How to Talk to Mortgage Lenders Poughkeepsie NY
- Advantages and Disadvantages of Refinancing Poughkeepsie NY
- How to Understand a N.I.N.J.A. Mortgage Poughkeepsie NY
- Flexible Mortgage For Self Employed Poughkeepsie NY
- Adjustable Rate Mortgage Poughkeepsie NY