How to Lock in a Mortgage Rate Troy 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 - Slingerlands
518-478-9579
1375 New Scotland Road
Slingerlands, NY
Allstate Insurance John Heiden
(518)399-7000
810 State Route 50 Suite 7
Burnt Hills, NY
Affirmative Title And Abstract Limited
(518)765-2847
16 Grove Street
Voorheesville, NY
Carteret Mortgage
(518)459-3335
45 Colvin Avenue
ALBANY, NY
A A Capital Inc
(518)464-9339
20 Pitch Pine Road
ALBANY, NY
HSBC Bank
1.800.975.HSBC (4722)
Clifton Park Center 20 Park Ave
Clifton Park, NY
Bank of America - Schenectady
800.432.1000
645 Nott St
Schenectady, NY
Albany Area Abstract Co Inc
(518)272-3812
89 4th Street Floor 1
Troy, NY
C T X Mortgage Company
518-347-1383
Schenectady, NY
Allied Mortgage Services
(518)436-5626
50 South Pearl Street
ALBANY, NY

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