How to Lock in a Mortgage Rate Syracuse 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
(315) 476-0987
801 James St
Syracuse, NY
Robert W Lighthouse
440 S Warren St
Syracuse, NY
Liverpool Associates Insurance Agency
431 North Salina Street
Syracuse, NY
Family First Mortgage
4610 Bloomsbury Drive
Bank Of America Na Charlotte
(315) 426-4268
One Clinton Square 4Th Floor
Syracuse, NY
1.800.975.HSBC (4722)
Hafner'S 5201 West Taft Rd
North Syracuse, NY
Bank of America - Warren Street
440 South Warren Street
Syracuse, NY
Steve Donigan Agency
708 West Belden Avenue
Syracuse, NY
M And R Mortgage Assistance
117 Herbst Av
Syracuse, NY
Blackthorne Funding
465 South Salina Suite 12

Related Articles
- Advantages and Disadvantages of Refinancing Syracuse NY
Refinancing your mortgage is when you get a new mortgage loan out and use the money from the new loan to pay off your old mortgage loan. In some cases refinancing home loan options are a good idea, and in some cases, refinancing your home loan is not such a good idea. Sometimes, refinancing your mortgage may cost you more money in the long run.
- How to Talk to Mortgage Lenders Syracuse NY
- How to Avoid Foreclosure by Knowing Your Mortgage Type Syracuse NY
- How to Create a Mortgage Calculator With Microsoft Excel Syracuse NY
- How to Compare Mortgage Programs Syracuse NY
- Options for Home Refinancing Syracuse NY
- Adjustable Rate Mortgage Syracuse NY
- How to Understand a N.I.N.J.A. Mortgage Syracuse NY
- Flexible Mortgage For Self Employed Syracuse NY