How to Lock in a Mortgage Rate West Hempstead 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

Washington Mutual Bank Locations 45th And Lexington
(212)599-6999
466 Lexington Avenue
New York, 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
Ameritrust Mortgage
(516)546-0707
189 Atlantic Av
FREEPORT, NY
Gfi Mortgage Bankers Inc
(212) 837-4537
1602 Avenue U
Brooklyn, NY
Freehold Abstract Corporation
(718)236-8700
5918 18th Avenue # 2
Brooklyn, 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
Wall Street Mortgage Bankers
(718) 904-0004
3609 E Tremont Ave
Bronx, NY
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