Even Lower Payments at Select Communities

Looking for the lowest possible monthly payment? For a limited time, select communities offer a 3/2/1 buydown, with first-year rates as low as 2.875% Rate* / 6.03% APR* on a 30-year fixed conventional loan through M/I Financial, LLC. Enjoy even greater savings upfront and more flexibility as you settle into your new home.

More Details:

Looking for the lowest possible monthly payment? For a limited time, select communities offer a 3/2/1 buydown, reducing your interest rate for the first three years of your loan.* Enjoy even greater savings upfront and more flexibility as you settle into your new home.

M/I Financial now offers you a program that dramatically lowers your payments for the first three years of your mortgage, putting a great new home at one of the following communities within your reach:

The Townes at Sadie in Lockport
Lockley Park in Plainfield
Piper Glen in Oswego

Our 3/2/1 buydown on a 30-year fixed-rate conventional loan* helps make it easier to buy a home today, rather than waiting for interest rates to drop.

Year 1: 2.875% Rate* / 6.03% APR*
Year 2: 3.875% Rate* / 6.03% APR*
Years 3: 4.875% Rate* / 6.03% APR*
Year 4-40: 5.875% Rate* / 6.03% APR*

Contact our team today for information on homes that qualify for this program.

*The interest rate of 5.875% is based on a 30-year fixed-rate conventional loan with a 20% down payment with a 3/2/1 buydown. The sales price is $500,000 with a loan amount of $400,000. The 5.875% interest rate is temporarily reduced in year 1 to 2.875% year 2 to 3.875% and year 3 to 4.875% the interest rate will be 5.875% in years 4-30. The ANNUAL PERCENTAGE RATE is 6.03%. A minimum credit score of 720 is required. Program is available on select homes only and applies to new contracts written on or after 10/23/2026. 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. Buyers 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 12/30/2026. Other financing options may be available with as little as 5% down. Rates are subject to change without notice and are 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. Illinois Residential Mortgage License Nationwide Multistate Licensing System and Registry’s Consumer Access website (https://nmlsconsumeraccess.org).