In the last eight years, the spring buying season has brought an increase in interest rates with it. Each year, as the temperature outside heats up, so do home prices and mortgage interest rates. If you are planning to purchase a new home that is still under construction, Academy Mortgage offers an extended lock option that can ensure you get today’s rates before they go up.

With Academy Mortgage, you can lock in your interest rate today, even though your home may not be completed and ready to close for several months. By selecting this option, you will be guaranteed today’s low interest rates, even if they’ve gone up considerably by the time your new home is move-in ready.

In addition to this lock option, Academy Mortgage provides consumers with a one-time free float down option. This means that if market rates do get lower before you close on your home, you can choose to switch to that lower rate and lock it in for the lifetime of your loan. Although this option is available only once, it is at absolutely no cost to you.

Finding the best mortgage product for each home buyer is an individual process, as every buyer’s needs are different. To find out which product is best for you, or for more information on the extended lock options, contact Academy Mortgage by calling 404-713-8662 or visit

Academy Mortgage

Equal Housing Lender. (c)2013 Academy Mortgage License #3113. GA Lic. # 20505. This is not a commitment to lend. Academy Mortgage Atlanta: 5565 Glenridge Connector,  Suite 400. Atlanta, GA 30342. Georgia Residential Mortgage Licensee.

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