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

Capital One
908-862-4090
637 West Edgar Road
Linden, NJ
Washington Mutual Brooklyn Flatbush Bank
(718)252-5634
1101 Avenue J
Brooklyn, NY
Helen Beichel
1133 Park Place
Brooklyn, NY
Washington Mutual - Bank Locations- East Meadow
(516)485-4884
501 Bellmore Avenue
EAST MEADOW, NY
Prime Choice Capital Group
(718)646-9100
2747 Coney Island Avenue
BROOKLYN, NY
Chase Bank
(718) 863-1163
3217 Westchester Ave
Bronx, NY
Capital One
718-373-5513
504 Neptune Ave
Brooklyn, NY
Washington Mutual Home Loan Centers Garden City
(516)745-6500
666 Old Country Road Suite 103
Garden City, NY
Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
Locust Valley, NY
Solution Capital LLC
(718)720-8300
63 Montgomery Avenue
STATEN ISLAND, NY
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