First-Year Rates as Low as 2.875% Rate* / 5.6236% APR* With a 2/1 Buydown a 30-Year FHA Mortgage*
For a limited time, you can secure first-year rates as low as 2.875% Rate* / 5.6236% APR* with a 2/1 buydown a 30-year FHA mortgage.* This temporary 2/1 mortgage rate buydown is available for select homes that can close by May 31, 2025.
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Across the country, M/I Homes is built for you.
Built for more living and flexibility, for amateur chefs and future world-class athletes. For new beginnings, low-maintenance, and great neighborhoods, Quick Move-In homes or a guided homebuilding journey.
Built for more buying power, more home, and lower payments. For the toughest and most trying days, moments you’ll want to remember and days you can never forget. For action-packed mornings, lazy afternoons, and cozy nights in.
Built for you, by your neighbors, for nearly fifty years, by One of the Nation’s Leading Homebuilders.
Quick Move-In Home Offers Through M/I Financial, LLC Include:
✓ 2/1 Rate Buydown on a 30-year FHA mortgage:*
- Year 1: 2.875% Rate* / 5.6236% APR*
- Year 2: 3.875% Rate* / 5.6236% APR*
- Years 3–30: 4.875% Rate* / 5.6236% APR*
✓ 2/1 Rate Buydown on a 30-year VA mortgage:**
- Year 1: 2.875% Rate* / 5.4339% APR*
- Year 2: 3.875% Rate* / 5.4339% APR*
- Years 3–30: 4.875% Rate* / 5.4339% APR*
✓ 2/1 Rate Buydown on a 30-year Conventional mortgage:***
- Year 1: 3.875% Rate* / 6.2880% APR*
- Year 2: 4.875% Rate* / 6.2880% APR*
- Years 3–30: 5.875% Rate* / 6.2880% APR*
✓ Plus, Up to $25,000 in paid closing costs† (Offered through M/I Financial, LLC)
Our team of experts is ready to assist you with the home buying process from start to finish. Contact us today to learn more about these exclusive offers!
*The interest rate of 2.875% is based on a 30-year fixed rate FHA loan with a 2/1 buydown on a sales price of $411,000 and a $403,540 loan amount. Financed amount is $403,540 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 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 5.6236%. 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 May 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.
**The interest rate of 2.875% is based on a 30-year fixed rate VA loan with a 2/1 buydown on a sales price of $411,000 and a $403,540 loan amount. Financed amount is $424,563 which includes the VA funding fee. Buyer must meet all qualification requirements of the program with a minimum 640 credit score. 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 5.4339%. 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 May 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 VA county loan limits apply. Financing is offered through M/I Financial, LLC (NMLS# 50684). Restrictions do apply.
***The interest rate of 3.875% is based on a 30-year fixed rate conventional loan with a 2/1 buydown on a sales price of $449,990 with a loan amount of $404,950. A 10% down payment and a minimum credit score of 720 is required. The interest rate is temporarily reduced to 3.875% for year 1, 4.875% for year 2, and 5.875% for years 3–30. The ANNUAL PERCENTAGE RATE is 6.2880% 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 May 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. Conforming Conventional loan limits apply. Financing is offered through M/I Financial, LLC (NMLS# 50684). Restrictions do apply.
†This offer is available on select Quick Move-In homes when you sign a contract between January 6, 2025, and March 31, 2025. Buyer to receive Up to $25,000 in Paid Closing Costs (when the buyer selects M/I Financial, LLC). "Closing Costs" applies to buyer's costs, including lender fees, title fees, prepaid escrows, and 3rd-party fees. Buyers are responsible for buyer's portion of prorated HOA fees and/or dues. The seller's contribution is limited to agency limits of 3% to 6% (depending on percentage of the down payment and loan program). The buyer will be responsible for any down payment required by the loan program guidelines and any upfront mortgage insurance premiums. The full amount of Closing Costs and rate buy down are only available when buyers use M/I Financial, LLC (NMLS# 50684). If the amount of the offer tied to the use of M/I Financial, LLC exceeds 3% of the base price of the home, then such offer amount will only be reduced to equal 3% of the base price. In addition, any purchaser, including a purchaser not obtaining a qualifying loan through M/I Financial, LLC, may receive a credit at closing for the balance of the offered incentive. Incentives and availability vary by community and are subject to change without notice. See an M/I New Home Consultant for details. Offer expires 3/31/2025 and may not be combined with other offers or incentives.
Have questions for us?
Ask about current properties or more details about this incentive, or call (813) 331-5888