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

Bank of America - Commack
800.432.1000
41 Veterans Memorial Highway
Commack, 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
Femina Beauty Salon
(631)385-0900
801 Jericho Turnpike
HUNTINGTON STATION, NY
Cole Taylor Bank
(734) 926-2400
258 Hawkins Ave
Ronkonkoma, NY
Chase Bank
(631) 979-8700
603 Nesconset Hwy
Hauppauge, NY
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
Capital One Na
(631) 531-2541
275 Broadhollow Rd
Melville, NY
Data Provided by:
    

Related Articles
- How to Talk to Mortgage Lenders Ronkonkoma NY
Before you talk to mortgage lenders you should learn about your choices. In any time of economic distress it will be harder than usual to acquire a new mortgage or to refinance. Demand and boom and burst was created by easy credit and aggressive home mortgage loan companies offering temporary low payments which go up, but you just want a home loan. Not surprisingly, therefore, choices for mortgage loans will be your main concern...
- How to Create a Mortgage Calculator With Microsoft Excel Ronkonkoma NY
- Options for Home Refinancing Ronkonkoma NY
- How to Compare Mortgage Programs Ronkonkoma NY
- How to Understand a N.I.N.J.A. Mortgage Ronkonkoma NY
- Flexible Mortgage For Self Employed Ronkonkoma NY
- Adjustable Rate Mortgage Ronkonkoma NY
- Advantages and Disadvantages of Refinancing Ronkonkoma NY
- How to Avoid Foreclosure by Knowing Your Mortgage Type Ronkonkoma NY