How to Lock in a Mortgage Rate Webster 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

Chase Bank
(585) 336-9526
1982 E Ridge Rd
Irondequoit, NY
Chase Bank
(585) 258-5888
1 Chase Square
Rochester, NY
Fairport Savings Bank Mortgage Line
45 South Main Street
Fairport, NY
Premium Mortgage Corporation
1675 Monroe Avenue
Hampton Group LLC
11 State Street
1.800.975.HSBC (4722)
Univ Of Roch/Strong Hosp 1475 Mt Hope Ave
Rochester, NY
Chase Bank
(585) 223-6970
609 Mosely Rd
Fairport, NY
Citizens Bank - Pennfair
2200 Penfield Road
Rochester, NY
Mr. Gregory Lee Schaffer (RFC®), CFP
3205 Mount Read Blvd.
Rochester, NY
Novastar Home Mortgage
1260 Scottsville Road
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