Lower Payments with 2/1 Buydown

**The payment is based on a $535,000 sales price with a $516,309 loan amount. Financed amount is $525,309 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 FHA loan with a 2/1 buydown. In the first year, the interest rate is 2.875% and the principal and interest payments are $2,181. In the second year, the interest rate is 3.875% and the principal and interest payments are $2,472. In years 3 through 30, the interest rate is 4.875% and the principal and interest payments are $2,782. Payments do not include taxes, insurance, HOA, or FHA monthly mortgage insurance so your total payment will be higher. The ANNUAL PERCENTAGE RATE is 5.438%. Program is available on selected Quick Move-In homes and applies to new contracts only for a limited time. 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 September 30th, 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.