How to Lock in a Mortgage Rate Spencerport 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
(585) 288-8850
245 Merchants Rd
Rochester, NY
Document Research
(585)428-9093
39 West Main Street
Rochester, NY
Wells Fargo Financial
(585)225-8180
2496 Ridge Rd W
ROCHESTER, NY
Mortgage Funding Professionals
(585)872-9550
1445 Plank Road
WEBSTER, NY
Enterprise Mortgage Solutions Inc
(585)889-1660
849 Paul Road
ROCHESTER, NY
HSBC Bank
1.800.975.HSBC (4722)
Museum & Science Center 1185 University Ave
Rochester, NY
Chase Bank
(585) 258-5888
1 Chase Square
Rochester, NY
Mr. Gregory Lee Schaffer (RFC®), CFP
585-621-3300
3205 Mount Read Blvd.
Rochester, NY
Novastar Home Mortgage
(585)935-7500
1260 Scottsville Road
ROCHESTER, NY
M & T Bank - M & T Mortgage Corp- Banking Departments- M & T Mortgage Corpora
(585)258-8355
255 East Avenue Bsmt
ROCHESTER, NY
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