First-Year Rates as Low as 2.875% Rate** / 5.6322% APR** On a 30-Year Fixed FHA Loan

 

**The interest rate of 4.875% is based on a 30-year fixed rate FHA loan with a 2/1 buydown on a sales price of $399,999 and a $385,999 loan amount with a monthly payment of $2,078.48. The financed amount is $392,753, which includes the FHA UFMIP of 1.75%. A 3.5% down payment and a minimum credit score of 640 is required. The 4.875% interest rate is temporarily reduced to 2.875% for year 1, resulting in a monthly payment of $1,629.50, and 3.875% for year 2, resulting in a monthly payment of $1,846.87. From year 3 through year 30, the interest rate is 4.875%, with a monthly payment of $2,078.48. Payments do not include taxes, insurance, HOA or FHA monthly mortgage insurance so your total payment will be higher. The ANNUAL PERCENTAGE RATE is 5.6322%. The program is available on selected Quick Move-In homes and applies to new contracts only. Promotion does not apply to cancellations, re-writes, or transfers. The seller’s contribution is limited to agency limits, which depend on the loan program and LTV. Buyer must occupy the property as their primary residence and meet all qualification requirements of the program. Promotional rate applies to contracts written on and after March 5th, 2026. The buyer must make a loan application within 48 hours of contract signing and must close by May 29th, 2026. Other financing programs may be available with as little as 5% down. The rate is subject to change without notice and is not guaranteed until locked with M/I Financial, LLC. Maximum allowable FHA county loan limits apply. Restrictions do apply. Financing is offered through M/I Financial, LLC (NMLS# 50684). 

 

***The interest rate of 4.875% is based on a 30-year fixed rate VA loan with a 2/1 buydown on a sales price of $411,000 and a $403,540 loan amount. The financed amount is $424,563, which includes the VA funding fee. A 0% down payment and a minimum credit score of 640 is required. The 4.875% interest rate is temporarily reduced to 2.875% for year 1, 3.875% for year 2, and 4.875% for years 3–30. The ANNUAL PERCENTAGE RATE is 5.4339%. The program is available on selected Quick Move-In homes and applies to new contracts only. Promotion does not apply to cancellations, re-writes, or transfers. The seller’s contribution is limited to agency limits, which depend on the loan program and LTV. Buyer must occupy the property as their primary residence and meet all qualification requirements of the program. Promotional rate applies to contracts written on or after March 5th, 2026. The buyer must make a loan application within 48 hours of contract signing and must close by May 29th, 2026. Other financing programs may be available with as little as 5% down. The rate is subject to change without notice and is not guaranteed until locked with M/I Financial, LLC. Maximum allowable VA county loan limits apply. Financing is offered through M/I Financial, LLC (NMLS# 50684). Restrictions do apply.

 

****The interest rate of 4.875% is based on a 30-year fixed rate conventional loan with a 2/1 buydown and a 20% down payment. The sales price is $500,000 with a loan amount of $400,000. The 4.875% interest rate is temporarily reduced in year 1 to 2.875%, year 2 to 3.875% and will be 4.875% in years 3-30. The ANNUAL PERCENTAGE RATE is 4.9249%. A minimum credit score of 720 is required. Program is available on select homes only and applies to new contracts written on or after March 5th, 2026. Promotion does not apply to cancellations, re-writes, or transfers. The seller’s contribution is limited to agency limits, which depend on the loan program and LTV. Buyer must occupy the property as their primary residence and meet all qualification requirements of the program. The buyer must make a loan application within 48 hours of contract signing and must close by May 29th, 2026. Other financing options may be available with as little as 5% down. Rate is subject to change without notice and is not guaranteed until locked with M/I Financial, LLC. Conforming Conventional loan limits apply. Financing is offered through M/I Financial, LLC (NMLS# 50684). Restrictions do apply.

 

†Closing Costs up to $10,000 may apply to buyer's costs, including lender fees, title fees, prepaid escrows, and 3rd party fees. Buyers are responsible for the buyer’s portion of prorated HOA fees and/or dues. The seller’s contribution is limited to agency limits of 3% to 6% (depending on the percentage of the down payment and loan program). Buyer will be responsible for any down payment required by the loan program guidelines and any upfront mortgage insurance premiums. Closing Costs are only valid when buyers use M/I Financial, LLC (NMLS #50684) and are limited to the amount determined per community. Incentives and availability are subject to change without notice. Cannot be combined with any other offers. Some restrictions apply. See an M/I Homes New Home Consultant for specific details.