How to Lock in a Mortgage Rate Rye 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

R And J Abstracts Inc
(516)746-1173
240 Old Country Road
Mineola, NY
Jared Cutler
611 Pondside Drive
White Plains, NY
Mr. Michael H. Fliegelman (RFC®), CHFC, CLU
631 806 3568
5 Harborfields Ct
Greenlawn, NY
Washington Mutual - Home Loan Centers- Garden City
(516)745-6500
666 Old Country Road Suite 103
GARDEN CITY, NY
Sterling Empire Funding Assoc1
(718) 994-7400
2307 Eastchester Rd
Bronx, NY
Chase Bank
(914) 251-3302
2900 Westchester Avenue
Purchase, NY
Jeffrey Lewis, CFP, ChFC
7 White Deer Court
Huntington, NY
Mr. Jonathan P. Delo (RFC®), CFP
845 893 0073
200 Business Park Dr Ste 308
Armonk, NY
Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
Locust Valley, NY
First Superior Mortgage Inc
(718)831-1600
25913 Hillside Avenue
GLEN OAKS, NY
Data Provided by:
      

Related Articles
- How to Avoid Foreclosure by Knowing Your Mortgage Type Rye NY
Losing home in a foreclosure process is a miserable thing. And the reason behind foreclosure is that people stop making their mortgage payments. Ofen, you can avoid this unfortunate financial condition by reading the mortgage documents carefully, before signing on the dotted lines. Be sure to hire an attorney to help you understand what you are getting into.
- Flexible Mortgage For Self Employed Rye NY
- Adjustable Rate Mortgage Rye NY
- How to Compare Mortgage Programs Rye NY
- How to Understand a N.I.N.J.A. Mortgage Rye NY
- How to Create a Mortgage Calculator With Microsoft Excel Rye NY
- Options for Home Refinancing Rye NY
- How to Talk to Mortgage Lenders Rye NY
- Advantages and Disadvantages of Refinancing Rye NY