How to Lock in a Mortgage Rate Stony Brook 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

Jeffrey Lewis, CFP, ChFC
7 White Deer Court
Huntington, NY
Mr. Michael H. Fliegelman (RFC®), CHFC, CLU
631 806 3568
5 Harborfields Ct
Greenlawn, NY
Mr. Richard A. Fallica (RFC®), CEP
631 979 6161
P.O. Box 728
Smithtown, NY
First Financial of America Limited
(631)472-0888
322 3rd Avenue
BAYPORT, NY
CitiFinancial Inc
(631)669-0373
700 Montauk Hwy
WEST BABYLON, NY
Citizens Bank - Coram S S
631-716-4300
294 Middle Country Rd.
Coram, NY
JOSEPH CONBOY
P. O. BOX 449
SHOREHAM, NY
Mr. Albert F. Coletti (RFC®), CHFC, CLU
631 979 6161 x102
P.O. Box 728
Smithtown, NY
World National Marketing Inc
(631)724-4600
380 Town Line Rd
HAUPPAUGE, NY
Eden Mortgage Corp
(631)581-7700
91 Carleton Av
ISLIP TERRACE, NY
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