Holiday of Homes
December 9, 2024 - January 31, 2025
During this holiday season, you can secure first-year rates as low as 2.875% Rate* / 5.632% APR* with a 2/1 buydown a 30-year fixed FHA mortgage or a 3.875% Rate**/ 5.9398% APR** on a 30-year conventional mortgage. These temporary 2/1 mortgage rate buydowns are available for select homes.
More Details:
Home has a special meaning during the holidays. It’s time spent with family and friends to celebrate holiday traditions.
Hurry, lock in a lower rate on select Quick Move-In homes that can close by January 31, 2025.
Lower Rates Include:
✓ 2/1 Rate Buydown on a 30-year FHA fixed-rate mortgage:*
- Year 1: 2.875% Rate*/ 5.632% APR*
- Year 2: 3.875% Rate*/ 5.632% APR*
- Years 3-30: 4.875% Rate*/ 5.632% APR*
✓ 2/1 Rate Buydown on a 30-year conventional fixed-rate mortgage:**
- Year 1: 3.875% Rate**/ 5.9398% APR**
- Year 2: 4.875% Rate**/ 5.9398% APR**
- Years 3-30: 5.875% Rate**/ 5.9398% APR**
✓ Plus, we'll pay your closing costs***
These amazing offers won't last long, so contact our team today to schedule an appointment!
*A 3.5% down payment and a minimum credit score of 640 is required. The interest rate applies to a 30-year FHA loan with a 2/1 buy-down. 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 5.632%. 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 January 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 applies to a 30-year Conventional Loan with a 2/1 buy-down. 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 5.9398%. The APR is based off a 20% down payment. The rate may also be available with as little as 5% down. 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 January 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.
***Paid closing costs are available through M/I Financial, LLC and apply to the buyer's costs, including allowable closing costs, pre-paids, discount points, and rate lock extensions, and may vary per home and community. Paid closing costs cannot be used for a home price reduction and do not include fees from home inspections, radon inspections, or any other purchaser-elected transaction fee. Buyer is responsible for closing costs in excess of this contribution. Homes must close by January 31, 2025. This promotion applies to new business only. Buyer will be responsible for any down payment required by the loan program guidelines and any upfront mortgage insurance premiums. Financing is offered through M/I Financial, LLC (NMLS# 50684). See a new home consultant for complete details, as this program is subject to change without notice.
Have questions for us?
Ask about current properties or more details about this incentive, or call (704) 286-6498