Holiday of Homes: Cozy Up to a 2/1 Buydown

Move into a new home before the holidays. Increase your home buying power and decrease your rate for the first two years of your mortgage with M/I Financial, LLC. Learn more about our 2/1 Buydown offer on new homes that can sell by 11/30/2025.

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Thinking about buying a new home but worried about high interest rates? Then we have great news!

M/I Financial now offers you a program that dramatically lowers your payments for the first two years of your mortgage, putting a great new home within your reach. 

Our 2/1 Rate Buydown on a 30-year fixed-rate FHA loan helps make it easier to buy a home today, rather than waiting for interest rates to drop.

• Year 1: 2.875% Rate* / 5.6362% APR*
• Year 2: 3.875% Rate* / 5.6362% APR*
• Years 3-30: 4.875% Rate* / 5.6362% APR*

 

*Promotional rate is based on a $349,990 sales price with a $337,740 loan amount. Financed amount is $343,650 which includes the FHA UFMIP 1.75%. A 3.5% down payment and a minimum credit score of 640 is required. The interest rate applies to a 30-year fixed rate FHA loan with a 2/1 buy-down. The 4.875% 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 5.6362%. Program is available on selected 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 December 19, 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.