Seasonal Savings at Verandah: 1st-Year Rates as Low as 1.875%* / 4.953% APR* With a 3/2/1 Buydown
For a limited time, take advantage of doorbuster deals that offer unbelievably low monthly payments with our 3/2/1 buydown. Enjoy first-year rates as low as 1.875%* / 4.953% APR* on 30-year fixed-rate conventional loans through M/I Financial, LLC, available exclusively at Verandah in Royse City.
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Now is the time to make your move and lock in an incredible rate through M/I Financial, LLC!
Available exclusively at the amenity-rich community of Verandah, discover your Quick Move-In dream home and take advantage of doorbuster deals that offer a great seasonal rate.
Enjoy lower payments with a 3/2/1 rate buydown, making it easier to buy a home today, rather than waiting for interest rates to drop:
🎁 3/2/1 Rate Buydown on a 30-year fixed-rate conventional loan:*
- Year 1: 1.875% Rate* / 4.953% APR*
- Year 2: 2.875% Rate* / 4.953% APR*
- Year 3: 3.875% Rate* / 4.953% APR*
- Years 4-30: 4.875% Rate* / 4.953% APR*
🎁 3/2/1 Rate Buydown on a 30-year fixed-rate FHA loan:**
- Year 1: 1.875% Rate** / 5.643% APR**
- Year 2: 2.875% Rate** / 5.643% APR**
- Year 3: 3.875% Rate** / 5.643% APR**
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Contact us today to schedule a tour and discover your new home for the holidays.
*The interest rate of 4.875% is based on a 30-year fixed-rate conventional loan with a 3/2/1 buydown and a 20% down payment. The sales price is $350,000 with a loan amount of $280,000. The 4.875% interest rate is temporarily reduced in year 1 to 1.875%, year 2 to 2.875% year 3 to 3.875% and will be 4.875% in years 4-30. The ANNUAL PERCENTAGE RATE is 4.953%. A minimum credit score of 720 is required. The program is available on select homes only exclusively at Verandah and applies to new contracts. Promotion does not apply to cancellations, rewrites, 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 29, 2026. Other financing options may be available with as little as 0% down. 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.
**Promotional rate is based on a $350,000 sales price with a $337,750 loan amount. The financed amount is $343,660, which includes the FHA UFMIP of 1.75%. A 3.5% down payment and a minimum credit score of 640 are required. The 4.875% interest rate applies to a 30-year fixed FHA loan with a 3/2/1 buydown. The 4.875% interest rate is temporarily reduced to 1.875% for year 1, 2.875% for year 2, 3.875% for year 3, and 4.875% for years 4–30. The ANNUAL PERCENTAGE RATE is 5.643%. The program is available on selected Quick Move-In homes exclusively at Verandah and applies to new contracts only. Promotion does not apply to cancellations, rewrites, 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 29, 2026. Other financing programs may be available with as little as 0% 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.
Have questions for us?
Ask about current properties or more details about this incentive, or call (972) 619-4200