How to Lock in a Mortgage Rate Utica 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 - Utica / Wal-Mart
315-724-8780
710 Horatio St
Utica, NY
Adirondack Bank
315-823-7618
Little Falls, NY
NBT Bank - Offices
(315)867-2133
103 North Caroline Street
HERKIMER, NY
Adirondack Financial Services Corporation
(315)724-4186
185 Genesee Street
UTICA, NY
M And T Bank
(315) 424-4475
2 Business Park Ct
Utica, NY
HSBC Bank
1.800.975.HSBC (4722)
Colonial Shopping Ctr 131 Oriskany Blvd
Whitesboro, NY
James Lombardo And Assoc
(315)356-3300
1916 Black River Blvd N
Rome, NY
Adirondack Bank
315-736-6169
Whitesboro, NY
Herkimer County Trust
(315)736-0513
4630 Commercial Drive
NEW HARTFORD, NY
First Source Federal Credit Union
(315) 735-8571
4451 Commercial Dr
New Hartford, NY

Related Articles
- How to Avoid Foreclosure by Knowing Your Mortgage Type Utica NY
Losing home in a foreclosure process is a miserable thing. And the reason behind foreclosure is that people stop making their mortgage payments. Ofen, you can avoid this unfortunate financial condition by reading the mortgage documents carefully, before signing on the dotted lines. Be sure to hire an attorney to help you understand what you are getting into.
- How to Compare Mortgage Programs Utica NY
- Adjustable Rate Mortgage Utica NY
- Flexible Mortgage For Self Employed Utica NY
- Advantages and Disadvantages of Refinancing Utica NY
- How to Talk to Mortgage Lenders Utica NY
- Options for Home Refinancing Utica NY
- How to Create a Mortgage Calculator With Microsoft Excel Utica NY
- How to Understand a N.I.N.J.A. Mortgage Utica NY