Lower Payments with 2/1 Buydown

**Promotional rate is valid on new contracts written on or after July 18, 2025 and closing no later than September 30, 2025. The payment is based on a $500,000 sales price with a base loan amount of $482,500. Financed amount is $490,943 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 2/1 temporary buy-down on a 30-year FHA Fixed Rate loan. In the first year, the interest rate is 2.875% and the principal and interest payments are $2,036.89. In the second year, the interest rate is 3.875% and the principal and interest payments are $2,308.60. In years 3 through 30, the interest rate is 4.875% and the principal and interest payments are $2,598.11. Payments do not include taxes, insurance, HOA, or FHA monthly mortgage insurance so your total payment will be higher. The ANNUAL PERCENTAGE RATE is 5.6185%. Program is available on selected Quick Move-In homes and applies to new contracts only. 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 30,2025. 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.