How to Lock in a Mortgage Rate Springfield Gardens 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

Global Home Loans And Finance
(516)408-3899
250 Fulton Avenue
Hempstead, NY
Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
Locust Valley, NY
Bank Independence Community
212-217-9897
New York, NY
Shaw Mortgage Group
(516)741-5900
142 Willis Avenue
MINEOLA, NY
Icon Bancorp Inc
(516)714-8000
575 Underhill Boulevard
SYOSSET, NY
Chase Bank
(212) 961-2050
2824-26 Broadway
New York, NY
Helen Beichel
1133 Park Place
Brooklyn, NY
Mr. Michael J. Goldsmith (RFC®), LUTCF
516 541 0111
549 Broadway Street Suite 201
Massapequa, NY
Washington Mutual - East Village- Bank
(212)674-3980
130 2nd Avenue
NEW YORK, NY
Paramount Mortgage Corporation
(516)487-2626
175 Great Neck Road
GREAT NECK, NY
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