Lower Payments with 2/1 Buydown

**Promotional rate is valid on new contracts written after July 14, 2025 and closing not later that August 29, 2025. The payment is based on a $414,507 sales price with a $400,000 base loan amount. Financed amount is $407,000 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 of 4.875% applies to a 30-year FHA fixed rate loan with a temporary 2/1 buy-down. In the first year, the interest rate is temporarily reduced to 2.875% and the principal and interest payment is $1688.61 . In year 2, the interest rate is temporarily reduced to 3.875% and the principal and interest payments are $1913.86. In years 3 through 30 the interest rate is 4.875% and principal and interest payments are $2153.88.Payments do not include taxes, insurance, HOA payments, or FHA monthly mortgage insurance, which means your total mortgage payment will be higher. The ANNUAL PERCENTAGE RATE is 5.6337%. Program is available on selected Quick Move-In homes and applies to new contracts only. Promotion does not apply cancellations, rewrites, 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. 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.