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 August 29th, 2025.


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Thinking about buying a new home but worried about high interest rates? Then we have great news!

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: 3.875% Rate* / 5.919% APR*
  • Year 2: 4.875% Rate* / 5.919% APR*
  • Years 3-30: 5.875% Rate* / 5.919% 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 FHA loan.

2/1 Rate Buydown on a 30-year 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.

*Rate is based off of the conventional market rate in July 2025. The interest rate is 6.75% and the Annual Percentage Rate is 6.922% and is based on based on a sales price of $560,000 with a loan amount of $448,000 and has a principal and interest payment of $2905.72

**The payment 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 interest rate applies to a 30-year Conventional Loan with a 2/1 buy-down. The interest rate is temporarily reduced to 3.875% for year 1 with a principal and interest payment of $2106.67 , 4.875% for year 2 with a principal and interest payment of $2370.86, and 5.875% for years 3–30 with a principal and interest payment of $2650.09. The ANNUAL PERCENTAGE RATE is 5.919%. Program is available on selected Quick Move-In homes and applies to new contracts only. Promotion not valid on Callaway Place Villa Homes. 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 August 31st, 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. 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 interest rate applies to a 30-year FHA loan with a 2/1 buy-down. The 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 Callaway Place Villa Homes. 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 August 31, 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.

Communities offering this incentive

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 August 29th, 2025.