Lower Payments with 2/1 Buydown

*The market rate of 6.25% is based on a 30-year fixed FHA rate as of 8/12/25. The payment is based on a $369,000 sales price, a $356,050 mortgage amount and a 3.5% down payment with a 30-year FHA fixed rate mortgage. The interest rate is 6.25% and the principal and interest payments are $2,230.63.  Full monthly payment of $2,799.93 includes estimated real estate taxes at $326.37, homeowners' insurance at $76.88 and FHA monthly mortgage insurance at $166.05. The ANNUAL PERCENTAGE RATE is 6.990%. The advertised monthly payment amount includes estimates for taxes and insurance and may be higher and may vary based on actual taxes and insurance. 

**The payment is based on a $369,000 sales price with a $356,050 loan amount. Financed amount is $356,050 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 30-year fixed rate FHA loan with a 2/1 buy-down. In the first year, the interest rate is 2.875% and the principal and interest payment are $1,503.08. In years 2, the interest rate is 3.875% and the principal and interest payments are $1,703.58. In years 3 through 30, the interest rate is 4.875% and principal and interest payments $1,917.22. Full monthly payment includes estimated real estate taxes at $326.37, homeowners' insurance at $76.88 and FHA monthly mortgage insurance at $166.05. The advertised full monthly payment amount includes estimates for taxes and insurance and may be higher and may vary based on actual taxes and insurance. The ANNUAL PERCENTAGE RATE is 5.596%. Program is available on select Quick Move In homes and applies to new contracts only. 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 September 30, 2025. 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.