Extended Rate Lock on To-Be-Built Homes

May 28 - July 31, 2025

Lock in your interest rate before construction starts on your dream home.

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Have peace of mind knowing what your monthly payment will be before construction starts on your dream home! Now until 7/31, purchase a to-be-built home at Hillcrest Village, Barton’s Mill, Pennington Mills, Bledsoe Springs, or Reserve at Silver Springs to take advantage of our extended rate lock through M/I Financial, LLC.  So, you can lock in these interest rates at the same time you purchase your new M/I home:   

• 5.50% Rate* / 6.281%. APR* on a 30-year FHA loan
• 5.875% Rate** / 6.1022% APR** on a 30-year conventional loan

When you purchase a To-Be-Built home, you’ll have the opportunity to choose the finishes you love most—while also securing your payment and interest rate from the start.

*The interest rate of 5.50% is based on a 30-year fixed rate FHA loan with a sales price of $414,508 and a $400,000 loan amount. The 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 ANNUAL PERCENTAGE RATE is 6.281%. The program is available on select homes only and applies to new contracts written between 5/28/2025 and 7/31/2025.  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 December 31, 2025. If the interest rate is lower 30 days prior to closing, the buyer has the option to float down to the current market rate.  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). 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 $414,508, with a loan amount of $331,606. 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 5/28/2025 and 7/31/2025. 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 December 31, 2025.  If the interest rate is lower 30 days prior to closing, the buyer has the option to float down to the current market rate.  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.