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

Bank of America - Mechanicville
800.432.1000
1 South Main St
Mechanicville, NY
Sutton And Tarantino Ins Agcy In
(518)584-7600
17 Division St
Saratoga Springs, NY
Join Real Estate Schools Inc
(518)602-0066
106 Charlton Road
BALLSTON SPA, NY
Credit One Mortgage CO
(518)371-4002
23 Executive Park Drive
CLIFTON PARK, NY
Glens Falls National Bank And Tr
(518) 793-4121
250 Glen St
Glens Falls, NY
Bank of America - Clifton Park
518.383.3037
1 Clifton Country Rd
Clifton Park, NY
Murdock Abstract Corporation
(518)885-8860
40 Mcmaster Street
Ballston Spa, NY
Private Mortgage Investment Services
(518)583-1314
79 Washington Street
SARATOGA SPRINGS, NY
First Saratoga Funding Inc
(518)877-7985
258 Ushers Road
CLIFTON PARK, NY
Century Health Capital
(518)583-1667
358 Broadway
SARATOGA SPRINGS, NY