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

Citizens Bank - West Ave-Rochester / Tops
585-436-3050
450 West Ave
Rochester, NY
Bank of America - Churchville
800.432.1000
38 S. Main St
Churchville, NY
Ins Agency Todaydt
(716)697-0160
2290 East Ave
Rochester, NY
Singer Real Estate
(585)271-7784
1039 Monroe Avenue
ROCHESTER, NY
High Falls Capital LLC
(585)342-5850
129 Armstrong Avenue
ROCHESTER, NY
HSBC Bank
1.800.975.HSBC (4722)
Just West Of 390 2362 Lyell Ave
Rochester, NY
Citizens Bank - Brighton NY
585-442-0224
2000 Monroe Avenue
Rochester, NY
H And R Block Mortgage Incorporatd
(585)292-0410
1000 Hylan Drive
Rochester, NY
Mr. Gregory Lee Schaffer (RFC®), CFP
585-621-3300
3205 Mount Read Blvd.
Rochester, NY
Riverview Mortgage Corporation
(585)321-0020
370 Summit Point Drive # 1A
HENRIETTA, NY
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