How to Lock in a Mortgage Rate Uniondale 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

Wells Fargo - Cedarhurst
516-295-1960
464 Central Ave
Cedarhurst, NY
Helen Beichel
1133 Park Place
Brooklyn, NY
Mr. Michael H. Fliegelman (RFC®), CHFC, CLU
631 806 3568
5 Harborfields Ct
Greenlawn, NY
Mr. Michael J. Goldsmith (RFC®), LUTCF
516 541 0111
549 Broadway Street Suite 201
Massapequa, NY
Gold Coast Funding Corp
(516)292-3300
111 Hempstead Trnpk
WEST HEMPSTEAD, NY
Chase Bank
(914) 632-4600
491 Main St
New Rochelle, NY
Home Depot Expo Design Center
(631)858-8500
1 Garrett Place
Commack, NY
Jeffrey Lewis, CFP, ChFC
7 White Deer Court
Huntington, NY
Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
Locust Valley, NY
Ideal Mortgage Bankers
(516)663-0500
1 Old Country Road Suite 300
CARLE PLACE, NY
Data Provided by:
    

Related Articles
- Advantages and Disadvantages of Refinancing Uniondale 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 Create a Mortgage Calculator With Microsoft Excel Uniondale NY
- How to Understand a N.I.N.J.A. Mortgage Uniondale NY
- How to Compare Mortgage Programs Uniondale NY
- How to Talk to Mortgage Lenders Uniondale NY
- Flexible Mortgage For Self Employed Uniondale NY
- Options for Home Refinancing Uniondale NY
- Adjustable Rate Mortgage Uniondale NY
- How to Avoid Foreclosure by Knowing Your Mortgage Type Uniondale NY