How to Lock in a Mortgage Rate Ronkonkoma 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

Jeffrey Lewis, CFP, ChFC
7 White Deer Court
Huntington, NY
Mr. Michael H. Fliegelman (RFC®), CHFC, CLU
631 806 3568
5 Harborfields Ct
Greenlawn, NY
Mr. Richard A. Fallica (RFC®), CEP
631 979 6161
P.O. Box 728
Smithtown, NY
Mortgage Concepts
(631)580-2600
4170 Veterans Memorial Hw Suite 201
BOHEMIA, NY
Custom Capital
(516)681-2200
326 Broadway
BETHPAGE, NY
HSBC Bank
1.800.975.HSBC (4722)
574 Jefferson Shpg Plaza
Port Jefferson Station, NY
JOSEPH CONBOY
P. O. BOX 449
SHOREHAM, NY
Mr. Albert F. Coletti (RFC®), CHFC, CLU
631 979 6161 x102
P.O. Box 728
Smithtown, NY
New York Mortgage Company
(631)962-2760
538 Broadhollow Road
MELVILLE, NY
Mancayo Elena
(631)271-7902
1419 New York Av
HUNTINGTON STATION, NY
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