How to Lock in a Mortgage Rate White Plains 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 - Port Washington
800.432.1000
79 Main St
Port Washington, NY
Jared Cutler
611 Pondside Drive
White Plains, NY
Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
Locust Valley, NY
Doctor Mortgage
(212)255-4888
300 East 93rd Street
NEW YORK, NY
Sterling National Bank
(516) 487-0018
98 Cuttermill Rd
Great Neck, NY
Bank of America - Bayside - 42-39 Bell
347.841.9841
42-39 Bell-Boulevard
Bayside, NY
Chase Bank
(914) 251-3302
2900 Westchester Avenue
Purchase, NY
Mr. Jonathan P. Delo (RFC®), CFP
845 893 0073
200 Business Park Dr Ste 308
Armonk, NY
Immigration Community Services Corp
(718)892-6349
1407 E. 180th St
NEW YORK, NY
Citifinancial
(914)337-9791
1915 Central Park Avenue
YONKERS, NY
Data Provided by:
      

Related Articles
- Advantages and Disadvantages of Refinancing White Plains NY
Refinancing your mortgage is when you get a new mortgage loan out and use the money from the new loan to pay off your old mortgage loan. In some cases refinancing home loan options are a good idea, and in some cases, refinancing your home loan is not such a good idea. Sometimes, refinancing your mortgage may cost you more money in the long run.
- Options for Home Refinancing White Plains NY
- Flexible Mortgage For Self Employed White Plains NY
- How to Create a Mortgage Calculator With Microsoft Excel White Plains NY
- How to Avoid Foreclosure by Knowing Your Mortgage Type White Plains NY
- How to Understand a N.I.N.J.A. Mortgage White Plains NY
- Adjustable Rate Mortgage White Plains NY
- How to Compare Mortgage Programs White Plains NY
- How to Talk to Mortgage Lenders White Plains NY