Hot Summer Savings
June 20 - 30, 2025
Make the most of the season with hot deals on new homes across The Triangle! For a limited time, enjoy a below-market 5.875% / 5.911% APR on a 30-year conventional fixed-rate mortgage*, plus paid closing costs** on townhomes or a below-market†, long-term rate lock on single family homes when using M/I Financial, LLC.
More Details:
Summer is here—and so are the savings!
Now is the perfect time to save thousands on your new home! Take advantage of limited-time incentives and move in before the new school year begins.
For select townhomes, you will receive:
• 5.875% Rate / 5.911% APR 30-Year Conventional Fixed-Rate Mortgage*
• Plus, Up to $12,000 in Paid Closing Costs**
• Up to $15,000 in Paid Closing Costs***
OR
• Long-Term Rate Lock with a Float-Down Bonus
o Must contract by June 30th and close between September and December 31, 2025.
o If the rate goes down before you close, you can still get the lower rate!
VA: 5.5% Rate*** / 5.826% APR††
Conventional: 5.875% Rate† / 6.1022% APR†††
*Promotional rate applies to new contracts written for a limited time between 6/20/25-6/30/25 on townhomes that close by 8/31/25. The interest rate of 5.875% is based on a 30-year fixed-rate conventional loan. The sales price is $500,000, with a loan amount of $400,000. A 20% down payment and a minimum credit score of 720 is required. The ANNUAL PERCENTAGE RATE is 5.911%. This program is available on selected Quick Move-In townhomes 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. The buyer must make a loan application within 48 hours of contract signing and must close by 8/31/25. Other financing programs may be available with as little as 3.5% 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.
**Buyer to receive a percentage of contract price towards allowable closing costs, exclusive to M/I Financial LLC (NMLS# 50684) with a townhome contract executed 6/20/25-6/30/25 and close by 8/31/2025. The total contribution is not to exceed a maximum of $12,000. "Closing Costs" exclude prepaid items such as taxes, insurance, and escrows. The seller's contribution is limited to agency limits, which depend on the loan program and LTV. Buyer will be responsible for any down payment required by the loan program guidelines and any upfront mortgage insurance premiums. Some restrictions apply. The offer is for a limited time only and is subject to change without notice. If combined with a special rate incentive, then the total contribution will differ according to the loan program and other factors. Offer is not available for renegotiation on existing contracts and is subject to change without notice. See New Home Consultant for complete details.
***Buyer to receive a percentage of contract price towards allowable closing costs, exclusive to M/I Financial LLC (NMLS# 50684) with a single family home contract executed 6/20/25-6/30/25 and close by 12/31/2025. The total contribution is not to exceed a maximum of $15,000. "Closing Costs" exclude prepaid items such as taxes, insurance, and escrows. The seller's contribution is limited to agency limits, which depend on the loan program and LTV. Buyer will be responsible for any down payment required by the loan program guidelines and any upfront mortgage insurance premiums. Some restrictions apply. The offer is for a limited time only and is subject to change without notice. If combined with a special rate incentive, then the total contribution will differ according to the loan program and other factors. Offer is not available for renegotiation on existing contracts and is subject to change without notice. See New Home Consultant for complete details.
†Below-market rate as compared to the weekly Freddie Mac Primary Mortgage Market Survey.
††The interest rate of 5.50% applies to a 30-year VA loan with a financed funding fee of 3.3% based on a $800,000 sales price and a $826,400 loan amount. A 0% down payment and a minimum credit score of 640 are required. The ANNUAL PERCENTAGE RATE is 5.826%. The program is available on select homes only and applies to new contracts written between 6/20/25 and 6/30/25. 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 12/31/25. If the interest rate is lower 30 days prior to closing, the buyer has the option to float down to the current market rate. Maximum allowable VA county loan limits apply. Borrowers wishing to lock their rate through 12/31/2025 as a 5.50% VA will be required to pay an upfront lock fee of 1% of the loan amount. This fee will be refunded to the borrower at closing. If the borrower does not close with M/I Financial, the lock fee will not be refunded. 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. Financing is offered through M/I Financial, LLC (NMLS# 50684). Funds are limited, and the program can be discontinued at any time and without notice. Restrictions do apply.
†††The interest rate of 5.875% is based on a 30-year fixed-rate conventional loan. The sales price is $800,000, and the loan amount is $640,000. A 20% down payment and a minimum credit score of 720 is required. The ANNUAL PERCENTAGE RATE is 6.1022%. The program is available on select homes only and applies to new contracts written between 6/20/2025 and 6/30/2025. 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 12/31/25. If the interest rate is lower 30 days prior to closing, the buyer has the option to float down to the current market rate. Borrowers wishing to lock their rate through 12/31/2025 as a 5.875% Conventional will be required to pay an upfront lock fee of 1% of the loan amount. This fee will be refunded to the borrower at closing. If the borrower does not close with M/I Financial, the lock fee will not be refunded. 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). Funds are limited, and the program can be discontinued at any time and without notice. Restrictions do apply.
Have questions for us?
Ask about current properties or more details about this incentive, or call (919) 205-2101