Lower Payments with 2/1 Buydown

**The payment is based on a $411,000 sales price with 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 4.875% interest rate applies to a 30-year fixed rate FHA loan with a 2/1 buy-down. In the first year, the interest rate is 2.875% and the principal and interest payment are $1,390.43. In years 2, the interest rate is 3.875% and the principal and interest payments are $1,557.45. In years 3 through 30, the interest rate is 4.875% and principal and interest payments $1,735.42. Payments do not include taxes, insurance, HOA or FHA monthly mortgage insurance, which means your total mortgage payment will be higher. The ANNUAL PERCENTAGE RATE is 5.5851%. Program is available on select 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. The buyer must make a loan application within 48 hours of contract signing and must close by August 29, 2025. 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.