How to Lock in a Mortgage Rate Scarsdale 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 - City Center
206 Main Street
White Plains, NY
Garden State Mortgage
568 Bergen Blvd
Ridgefield, NJ
Jared Cutler
611 Pondside Drive
White Plains, NY
Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
Locust Valley, NY
Washington Mutual - Bank Locations- Pearl River
50 North Middletown Road
1.800.975.HSBC (4722)
Nathan'S 2205 Central Park Ave.
Yonkers, NY
Chase Bank
(914) 251-3302
2900 Westchester Avenue
Purchase, NY
Stewart Baltimore Insurance Associates
18 Dickinson Ave
Nyack, NY
Mr. Jonathan P. Delo (RFC®), CFP
845 893 0073
200 Business Park Dr Ste 308
Armonk, NY
Vixem Mortgage Co
42 Mercer Av
Fort Lee, NJ
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