First-Year Rates as Low as 2.875% Rate* / 5.6236% APR* With a 2/1 Buydown on a 30-Year FHA Mortgage*
Dream Big with first-year rates as low as 2.875% Rate* / 5.6236% APR* with a 2/1 buydown a 30-year FHA mortgage.* This temporary 2/1 mortgage rate buydown is available for select homes that can close by July 31, 2025.
More Details:
Each of us has dreams: some big, some small. A big one that many of us have is to purchase our dream home.
Here at M/I Homes, we take these dreams seriously. From our extensive website to meeting with our knowledgeable associates to our 10-Year Transferable Warranty, we have your dream covered.
And now, you can make it even bigger as we're about to offer our best incentives of the year to make your dream become a reality!
Take advantage of these incredible fixed-rate mortgage options through M/I Financial, LLC!
✓ 2/1 Rate Buydown on a 30-year FHA mortgage:*
- Year 1: 2.875% Rate* / 5.6236% APR*
- Year 2: 3.875% Rate* / 5.6236% APR*
- Years 3–30: 4.875% Rate* / 5.6236% APR*
✓ 2/1 Rate Buydown on a 30-year VA mortgage:**
- Year 1: 2.875% Rate* / 5.4339% APR*
- Year 2: 3.875% Rate* / 5.4339% APR*
- Years 3–30: 4.875% Rate* / 5.4339% APR*
✓ 2/1 Rate Buydown on a 30-year Conventional mortgage:***
- Year 1: 3.875% Rate* / 6.2880% APR*
- Year 2: 4.875% Rate* / 6.2880% APR*
- Years 3–30: 5.875% Rate* / 6.2880% APR*
Our team of experts is ready to assist you with the home buying process from start to finish. Contact us today to learn more about these exclusive offers!
*The interest rate of 2.875% is based on a 30-year fixed rate FHA loan with a 2/1 buydown on a sales price of $411,000 and a $403,540 loan amount. Financed amount is $403,540 which includes the FHA UFMIP of 1.75%. A 3.5% down payment and a minimum credit score of 640 is required. The 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 5.6236%. Program is available on selected Quick Move-In homes and applies to new contracts only. Promotion does not apply 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 by June 30, 2025. The buyer must make a loan application within 48 hours of contract signing and must close by July 31, 2025. 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. Financing is offered through M/I Financial, LLC (NMLS# 50684). Restrictions do apply.
**The interest rate of 2.875% 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. Financed amount is $424,563 which includes the VA funding fee. Buyer must meet all qualification requirements of the program with a minimum 640 credit score. The 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%. Program is available on selected Quick Move-In homes and applies to new contracts only. Promotion does not apply 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 by June 30, 2025. The buyer must make a loan application within 48 hours of contract signing and must close by July 31, 2025. 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 3.875% is based on a 30-year fixed rate conventional loan with a 2/1 buydown on a sales price of $449,990 with a loan amount of $404,950. A 10% down payment and a minimum credit score of 720 is required. The interest rate is temporarily reduced to 3.875% for year 1, 4.875% for year 2, and 5.875% for years 3–30. The ANNUAL PERCENTAGE RATE is 6.2880% Program is available on selected Quick Move-In homes and applies to new contracts only. Promotion does not apply 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 by June 30, 2025. The buyer must make a loan application within 48 hours of contract signing and must close by July 31, 2025. 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. Conforming Conventional loan limits apply. Financing is offered through M/I Financial, LLC (NMLS# 50684). Restrictions do apply.
Have questions for us?
Ask about current properties or more details about this incentive, or call (813) 331-5888