How to Lock in a Mortgage Rate Riverhead 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
54375 Main Rd
Southold, NY
Unique Agency
500 Medford Avenue
Patchogue, NY
J Foster Terry And Co Inc
63 Main Street
Southampton, NY
P. O. BOX 449
Approved Funding Corp
57 East Main
Chase Bank
(631) 654-2700
115 E Main St
Patchogue, NY
Bank of America - Shirley Branch
1017 Montauk Highway
Shirley, NY
Washington Mutual Bank Locations Patchogue
499 North Service Road Suite 83
Patchogue, NY
Washington Mutual Bank Locations Yaphank
128 Main Street
Yaphank, NY
Park AV Mortgage
2487 Montauk Highway
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