Extended Rate Lock
With BankSouth Mortgage, take advantage of today’s low rates without risking missing out on a better one.
60-180 Day Extended Rate Locks*
- NO upfront fee
- One-time rate float down option**
- Available for Conforming Conventional, VA, and FHA Fixed Rate Products
240 Day Extended Rate Locks*
- One-time rate float down option**
- Available for Conforming Conventional Fixed Rate Products
*Extended rate locks must be 60 days or greater and up to 240 days. **Rate float down option must be executed within 60-15 days before the closing date
