How to Lock in a Mortgage Rate Rochester 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

Citizens Bank - Pittsford Plaza
585-385-4910
3349 Monroe Avenue
Rochester, NY
Vail Agency Inc
(585)889-4650
3229 Chili Ave
Rochester, NY
Schaffer Gregory L & Company
(585)621-3300
3205 Mount Read Boulevard
ROCHESTER, NY
National Bank of Geneva - Honeoye Falls
(585)624-5940
166 West Main Street
HONEOYE FALLS, NY
The Summit Federal Credit Union
(585) 453-7010
100 Marina Dr
Rochester, NY
HSBC Bank
1.800.975.HSBC (4722)
Wegmans Plaza 4707 Lake Rd
Brockport, NY
Bank of America - Pittsford
800.432.1000
9 N. Main St
Pittsford, NY
Mr. Gregory Lee Schaffer (RFC®), CFP
585-621-3300
3205 Mount Read Blvd.
Rochester, NY
Prince Realty
(585)271-2400
460 East Avenue
ROCHESTER, NY
Citibank (New York State)
(585)544-0250
625 Titus Avenue
ROCHESTER, NY
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