How to Lock in a Mortgage Rate Watervliet 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

TD Bank
518-438-2006
1256 Central Avenue
Albany, NY
Bank of America - Cohoes
800.432.1000
91 Remsen St
Cohoes, NY
Executive Mortgage Group Inc
(518)489-8850
3 Marcus Boulevard
ALBANY, NY
Adirondack Funding Services
(518)347-1757
1380 Wendell Ave
SCHENECTADY, NY
Freedom Mortgage Corporation
(518) 664-8800
17 Johnson Rd
Mechanicville, NY
HSBC Bank
1.800.975.HSBC (4722)
Colonie Center/Sand Creek 95 Wolf Rd
Albany, NY
Bank of America - Rotterdam Plaza
800.432.1000
1428 Altamount Ave
Schenectady, NY
Land Research Solutions Inc
(518)348-6481
661 Plank Rd
Clifton Park, NY
Citifinancial
(518)452-4711
1892 Central Avenue
ALBANY, NY
M And T Bank
(518) 877-3500
313 Ushers Rd
Ballston Lake, NY