Long-Term Rate Lock With a Float-Down Bonus
Lock in your limited-time, below-market rate now† – and still get a better one if rates drop.
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 home on or after March 26, 2026, and plan to close by November 30, 2026, you can lock in one of the following interest rates—so you don’t have to worry if rates go up later:
30-Year Fixed FHA: 5.25% Rate / 5.951 % APR*
30-Year Fixed VA: 5.25% Rate / 5.542 % APR**
30-Year Fixed Conventional: 5.25% Rate / 5.304% 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.
Contact us to schedule your appointment and learn how to save hundreds on your monthly payments!
*The interest rate of 5.25% is based on a 30-year fixed rate FHA loan with a sales price of $411,000 and a loan amount of $396,615. Financed amount is $403,555, 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 5.951%. Program is available on select homes only and applies to new contracts written on or after March 26, 2026. 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 November 30, 2026. If interest rate is lower 30 days prior to closing, buyer may have the option to float down to current market rate. A 1% prepaid lock deposit is due at the time of rate lock. Other financing programs may be available with as little as 0% down. Rates are subject to change without notice and are 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. Funds are limited and program can be discontinued at any time and without notice.
**The interest rate of 5.25% is based on a 30-year fixed rate VA loan with a sales price of $411,000 and a loan amount of $411,000. The financed amount is $419,836, which includes the VA Funding Fee of 2.15%. A 0% down payment and a minimum credit score of 640 is required. The Annual Percentage Rate is 5.542%. Program is available on selected Quick Move‑In homes and applies to new contracts only written on or after March 26, 2026. 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. Buyers 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 November 30, 2026. If interest rate is lower 30 days prior to closing, buyer may have the option to float down to current market rate. A 1% prepaid lock deposit is due at the time of rate lock. Other financing programs may be available with as little as 3.5% 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). Restrictions do apply. Maximum allowable VA county loan limits apply. Restrictions do apply. Funds are limited and program can be discontinued at any time and without notice.
***The interest rate of 5.25% is based on a 30-year fixed rate conventional loan with a 20% down payment. The sales price is $499,990 with a loan amount of $399,950. The Annual Percentage Rate is 5.304%. A minimum credit score of 720 is required. Program is available on select homes only and applies to new contracts written on or after March 26, 2026. 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. Buyers 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 November 30, 2026. If interest rate is lower 30 days prior to closing, buyer may have the option to float down to current market rate. A 1% prepaid lock deposit is due at the time of rate lock. Other financing options may be available with as little as 5% down. Rates are subject to change without notice and are 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. Funds are limited and program can be discontinued at any time and without notice.
†Below-market rate as compared to the weekly Freddie Mac Primary Mortgage Market Survey.
Have questions for us?
Ask about current properties or more details about this incentive, or call (813) 331-5888