Lower Payments with 2/1 Buydown
Increase your home buying power and decrease your rate for the first two years of your mortgage with M/I Financial, LLC. Learn more about our 2/1 Buydown offer on new homes that can close by September 30th, 2026.
More Details:
Thinking about buying a new home but worried about high interest rates? Then we have great news!
2/1 Rate Buydown
M/I Financial now offers you a program that dramatically lowers your payments for the first two years of your mortgage, putting a great new home within your reach.
Our 2/1 Rate 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* / 4.917% APR*
- Year 2: 3.875% Rate* / 4.917% APR*
- Years 3-30: 4.875% Rate*/ 4.917% APR*
Or for a limited time, you can secure a 2/1 buydown with first-year rates as low as 2.875%** / 5.632% APR** on a 30-year fixed FHA loan.
2/1 Rate Buydown on a 30-year fixed FHA mortgage:**
- Year 1: 2.875% Rate** / 5.632% APR**
- Year 2: 3.875% Rate** / 5.632% APR**
- Years 3-30: 4.875% Rate** / 5.632% APR**
Contact our team today for information on homes that qualify for this program.
Long Term Rate Lock
M/I Financial, LLC is also offering a long term rate lock on qualifying Quick Move-In Homes. For a limited time, you can lock in with a 5.5% Rate*** /5.568% APR*** 30‑Year Conventional Fixed‑Rate Mortgage*** through M/I Financial, LLC. Schedule an appointment today to find out more about how you can secure this rate!
*The promotional rate is based on a $560,000 sales price with a $448,000 loan amount. A 20% down payment and a minimum credit score of 720 is required. The 4.875% interest rate applies to a 30-year Fixed Conventional Loan with a 2/1 buy-down. The 4.875% interest rate is temporarily reduced to 2.875% for year 1, 3.875% for year 2 and 4.875% for years 3–30. The ANNUAL PERCENTAGE RATE is 4.917%. Program is available on selected Quick Move-In homes and applies to new contracts only. Promotion not valid on Timberhill Villa Homes. Program is available on select homes only and applies to new contracts written on or after June 22nd, 2026. 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 30, 2026. 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). Restrictions do apply.
**The promotional rate is based on a $415,000 sales price with a $400,000 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 4.875% interest rate applies to a 30-year Fixed FHA loan with a 2/1 buy-down. The 4.875% interest rate is temporarily reduced to 2.875% for year 1, 3.875% for year 2, and 4.875% for years 3–30. The ANNUAL PERCENTAGE RATE is 5.632%. Program is available on selected Quick Move-In homes and applies to new contracts only. Promotion not valid on Timberhill Villa Homes. Program is available on select homes only and applies to new contracts written on or after June 22nd, 2026. 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 30, 2026. 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.
***The promotional rate is based on a $560,000 sales price with a $448,000 loan amount. A 20% down payment and a minimum credit score of 720 is required. The 5.5% interest rate applies to a 30-year Fixed Conventional Loan. The ANNUAL PERCENTAGE RATE is 5.568%. Program is available on selected Quick Move-In homes and applies to new contracts only. If interest rate is lower 30 days prior to closing buyer has the option to float down to current market rate. Contact your MIF Loan Officer for more details on the Float-Down option. A 1% prepaid deposit is due at the time of application rate/lock. Program is available on select homes only and applies to new contracts written on or after June 22nd, 2026. 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 February 26th, 2027. 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). Restrictions do apply.
Have questions for us?
Ask about current properties or more details about this incentive, or call (513) 445-8550