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

Bank of America - Ilion
800.432.1000
1 Central Plaza
Ilion, NY
Bank of America
800.432.1000
911 Cornelia St
Utica, NY
First Source Federal Credit Union
(315)735-8571
4451 Commercial Drive
NEW HARTFORD, NY
Countrywide Home Loans
(315)336-3070
7763 Turin Road
ROME, NY
Americu Credit Union
(315) 356-3000
1916 Black River Blvd N
Rome, NY
HSBC Bank
1.800.975.HSBC (4722)
Hannaford Plaza 1125 Mohawk St
Utica, NY
Bank of America - Liberty Plaza
800.432.1000
200 West Dominick St
Rome, NY
The Homeownership Center
(315)724-4197
1611 Genesee Street
UTICA, NY
First Source Federal Credit Union
(315)735-1030
1634 Genesee Street
UTICA, NY
Adirondack Financial Services Corporation
(315)724-4186
185 Genesee Street
UTICA, NY

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