How to Lock in a Mortgage Rate Ridgewood 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

Chase Bank
(516) 623-6530
1696 Merrick Rd, Holiday Park Mall
Merrick, NY
Wells Fargo - Port Washington
516-883-8311
19 Soundview Market Pl
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Aasef Business Services Inc.
(718)262-8457
175-12 93rd Ave
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Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
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Clear Funding Corp
(718)823-3200
2027 Williamsbridge Rd
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HSBC Bank
1.800.975.HSBC (4722)
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Wells Fargo - Manhasset
516-365-2969
355 Plandome Rd
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Coverex Corporate Risk
(516)357-9292
666 Old Country Rd
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Helen Beichel
1133 Park Place
Brooklyn, NY
Village Funding Corporation
(718)479-9430
21143 Jamaica Avenue
QUEENS VILLAGE, NY
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