Long-Term Rate Lock With a Float Down Bonus on To-Be-Built Homes
June 16 - July 18, 2025
Contract on a To-Be-Built home and lock in a rate as low as 5.50% Rate* / 5.995 APR* (VA) – and get a one if rates drop – plus closing costs, design upgrades, and more!
More Details:
Thinking about buying a home later this year? Here’s a smart way to save.
If you go under contract on your new To-Be-Built home by June 30th and plan to close by December 31, 2025, you can lock in one of the following interest rates — so you don’t have to worry if rates go up later:
- 30-year VA mortgage: 5.50% Rate* / 5.995 APR *
- 30-year FHA mortgage: 5.50% Rate** / 6.281 APR**
- 30-year Conventional mortgage: 5.875 Rate*** / 6.1022 APR ***
And here’s the best part: if rates go down before you close, you can still get the lower rate! This one-time option gives you the best of both worlds — protection if rates rise, and savings if they fall. It’s all about giving you more confidence and flexibility as you plan your move!
Plus, you will also receive the following offers in our Smart and Classic Series Communities:
- Smart Series Only: Up to $7,500 in paid closing costs† , through M/I Financial, LLC., half-off homesite premium, and a free covered patio
- Classic Series Only: Half-off design selections up to $30,000†† and homesite premium.
Contact us to schedule your appointment and learn how to save hundreds on your monthly payments!
*The interest rate of 5.50% applies to a 30-year VA loan with a financed funding fee of 3.3% based on a $400,000 sales price and a $413,200 loan amount. A 0% down payment and a minimum credit score of 640 is required. The ANNUAL PERCENTAGE RATE is 5.995%. The program is available on select homes only and applies to new contracts written between 6/16/2025 and 6/30/2025. 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. Maximum allowable VA county loan limits apply. 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. 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 5.50% 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 6/16/2025 and 6/30/2025. 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 6/16/2025 and 6/30/2025. 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.
†On top of the rate, the buyer is to receive a free covered back patio, half off lot premium, and up to $7,500 towards allowable closing costs through M/I Financial, LLC (NMLS #50684). Applicable on to-be-built homes in Smart Series communities only. Closing costs exclude prepaid items such as taxes, insurance, and escrows. The seller's contribution is limited to agency limits, which depend on the loan program and LTV. Buyer will be responsible for any down payment required by the loan program guidelines and any upfront mortgage insurance premiums. Offer is for a limited time only and is subject to change at any time without notice. Offer valid on FULL PRICED CONTRACTS written between 6/16/2025 and 6/30/2025.
††On top of the rate, the buyer is to receive half-off design options up to $30,000 and a half-off lot premium. The maximum design option discount is $20,000. The discount is to be taken at the design appointment. Available only in Classic Series communities only. Offer is for a limited time only and is subject to change at any time without notice. Offer valid on FULL PRICED CONTRACTS written between 6/16/2025 and 6/30/2025.
Have questions for us?
Ask about current properties or more details about this incentive, or call (210) 333-2244