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

Helen Beichel
1133 Park Place
Brooklyn, NY
Mr. Michael J. Goldsmith (RFC®), LUTCF
516 541 0111
549 Broadway Street Suite 201
Massapequa, NY
Pinnacle Constructors and Builders
155 Route 109
Evergreen Funding Inc
1282 49th Street Suite 3
Luxury Mortgage Corp
(516) 240-6000
990 Stewart Ave Ste 130
Garden City, NY
Chase Bank
(212) 477-0550
109 Delancey St
New York, NY
Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
Locust Valley, NY
Usa Mortgage Bankers Of America Inc
138-64 Francis Lewis Blvd
Long Island Commercial Bank
390 North Broadway
Ameritrust Mortgage Bankers Inc
2927 41st Avenue
Data Provided by:

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