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*In this example the payment is based on a $221,380 sales price, a $225,808 mortgage amount (includes Rural Housing Guaranty Fee) and a 0% down payment with a 30 year Rural Housing fixed rate mortgage. The interest rate is 5.25% and the principal and interest payments are $1,246.92. Payments do not include taxes or insurance so your total payment will be higher. The ANNUAL PERCENTAGE RATE is 5.576%.
Buyer must meet all qualification requirements of the program. Payments are based on a minimum 620 credit score. Buyer must make load application within 48 hours of contract signing and must close within 60 days. Rate is subject to change without notice. Financing is offered through M/I Financial Corp.