How to Lock in a Mortgage Rate Shirley 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

Chase Bank
(631) 654-2700
115 E Main St
Patchogue, NY
Dipalma And Associates Mortgage Co Limited
(631)874-9284
304 Weeks Avenue
Manorville, NY
Mr. Albert F. Coletti (RFC®), CHFC, CLU
631 979 6161 x102
P.O. Box 728
Smithtown, NY
Long Island Mortgage Group
(631)588-9788
5018 Express Drive South
RONKONKOMA, NY
Danford Realtors
(631)585-4040
315 Main Street
HOLBROOK, NY
Chase Bank
(631) 878-1253
790 Montauk Hwy
Center Moriches, NY
Bank of America - Hauppauge
631.434.9450
190 Vanderbilt Motor Parkway
Hauppauge, NY
JOSEPH CONBOY
P. O. BOX 449
SHOREHAM, NY
Mr. Richard A. Fallica (RFC®), CEP
631 979 6161
P.O. Box 728
Smithtown, NY
Elite Mortgage
(631)218-2100
1574 Lakeland Avenue Suite 1
HAUPPAUGE, NY
Data Provided by:
    

Related Articles
- How to Avoid Foreclosure by Knowing Your Mortgage Type Shirley 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.
- Adjustable Rate Mortgage Shirley NY
- How to Talk to Mortgage Lenders Shirley NY
- Advantages and Disadvantages of Refinancing Shirley NY
- How to Compare Mortgage Programs Shirley NY
- How to Create a Mortgage Calculator With Microsoft Excel Shirley NY
- Flexible Mortgage For Self Employed Shirley NY
- Options for Home Refinancing Shirley NY
- How to Understand a N.I.N.J.A. Mortgage Shirley NY