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

Seide Johas Cohen
1440 Broadway Rm 1200
New York, NY
Helen Beichel
1133 Park Place
Brooklyn, NY
Blue Mountain Commercial Corporation
Lynbrook, NY
Pan Am Mortgage & Financial Services
2160 Hempstead Trnpk
Gould Capital Corporation
60 Cuttermill Road Suite 303
Frank J Silvestri Inc
Po Box 57
Brooklyn, NY
Network Of Homes Patricia Rodriguez Broker And Assoc.
10702 Jamaica Avenue
Richmond Hill, NY
Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
Locust Valley, NY
Prestige Home Equities
500 Old Country Road Suite 104
Money Store The
36-11 Bowne
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