How to Lock in a Mortgage Rate Queens Village 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 - Melville
800.432.1000
600 Broad Hollow Rd
Melville, NY
Completely Covered Insurance Agency Inc
(516)795-2642
5649 Merrick Road
Massapequa, NY
Helen Beichel
1133 Park Place
Brooklyn, NY
Mr. Michael J. Goldsmith (RFC®), LUTCF
516 541 0111
549 Broadway Street Suite 201
Massapequa, NY
Kadillac Mortgage
(516)466-1066
350 Northern Boulevard
GREAT NECK, NY
HSBC Bank
1.800.975.HSBC (4722)
Opposite St John'S Church 16 S Broadway
Yonkers, NY
Bank of America - New Rochelle
800.432.1000
277 North Ave
New Rochelle, NY
Emmes Capital Llc
(212)293-8828
420 Lexington Avenue 9th Floor
New York, NY
Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
Locust Valley, NY
Mario Saggese
(718)418-5308
71 -08 Fresh Pond Rd 2nd Floor
RIDGEWOOD, NY
Data Provided by:
    

Related Articles
- Advantages and Disadvantages of Refinancing Queens Village NY
Refinancing your mortgage is when you get a new mortgage loan out and use the money from the new loan to pay off your old mortgage loan. In some cases refinancing home loan options are a good idea, and in some cases, refinancing your home loan is not such a good idea. Sometimes, refinancing your mortgage may cost you more money in the long run.
- How to Create a Mortgage Calculator With Microsoft Excel Queens Village NY
- Options for Home Refinancing Queens Village NY
- How to Understand a N.I.N.J.A. Mortgage Queens Village NY
- How to Talk to Mortgage Lenders Queens Village NY
- Flexible Mortgage For Self Employed Queens Village NY
- How to Avoid Foreclosure by Knowing Your Mortgage Type Queens Village NY
- Adjustable Rate Mortgage Queens Village NY
- How to Compare Mortgage Programs Queens Village NY