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

Bank of America - Medford
631.698.3849
2851 Horse Block Rd
Medford, NY
Classic Abstract Limited
(631)324-8951
16 Palmer Terrace
Sag Harbor, NY
Washington Mutual
(631)836-0551
Po Box 567
MOUNT SINAI, NY
Camelot Funding Corp
(631)289-2525
456 Medford Av
PATCHOGUE, NY
American Home Mortgage Holding Corporation
(631)758-1440
57 East Main Street
PATCHOGUE, NY
Capital One
631-477-0036
230 Main St
Greenport, NY
Xl Brokerage Inc Mastic
(631)281-6100
1360 Montauk Highway
Mastic, NY
JOSEPH CONBOY
P. O. BOX 449
SHOREHAM, NY
South Fork Funding
(631)776-7787
9 Bellport Lane
BELLPORT, NY
Americana Mortgage Group Inc
(631)283-2900
1673 County Road 39
SOUTHAMPTON, NY
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