How to Lock in a Mortgage Rate Saratoga Springs 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 - Saratoga
518-587-3232
84 Congress St/Gr. Union Plz
Saratoga Springs, NY
Farley Insurance Agency
(518)371-1239
Po Box 4196
Clifton Park, NY
Kinney Agency Inc
(518)638-8205
3027 State Route 4
Hudson Falls, NY
Vivid Images
(518)580-1752
42 York Av
SARATOGA SPRINGS, NY
Aamtrust Mortgage
(518)384-2274
763 Saratoga Road
SCHENECTADY, NY
HSBC Bank
1.800.975.HSBC (4722)
Target 3025 Route 50
Saratoga Springs, NY
Bank of America - Saratoga Springs
800.432.1000
27 Division St
Saratoga Springs, NY
Intercounty Title Agency Inc
(518)692-2600
14 Main
Greenwich, NY
Absolute Financial Services
518-355-8305
Schenectady, NY
All Points Home Services
(518)581-9558
398 Broadway
SARATOGA SPRINGS, NY

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