Lower Payments with 2/1 Buydown

**The payment is based on a $414,508 sales price with a $400,000 loan amount. Financed amount is $407,000 which includes the FHA UFMIP of 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 FHA loan with a 2/1 buy-down. In the first year, the interest rate is temporarily reduced to 2.875% and the principal and interest payments are $1,688.61. In the second year, the interest rate is 3.875% and the principal and interest payments are $1,913.86. In years 3 through 30, the interest rate is 4.875% and the principal and interest payments are $2,153.88. Payments do not include taxes, insurance, HOA dues, or FHA monthly mortgage insurance so your total payment will be higher. The ANNUAL PERCENTAGE RATE is 5.632%. Program is available on selected Quick Move-In homes and applies to new contracts only. Promotion does not apply 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 August 28, 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.

***Up to $15,000 in paid closing costs may vary per home and apply to buyer's costs, including allowable closing costs, prepaid, and capital contribution fees up to 3% of the sales price (excludes discount points, future HOA dues, and fees from home inspections, radon inspections, or any other purchase-related transaction fee). The purchaser is responsible for closing costs in excess of this contribution. The seller's contribution is limited to lender limits of 3% to 6% (depending on the percentage of down payment and loan program selected). The buyer/purchaser is responsible for any down payment required by the loan program guidelines and any upfront mortgage insurance premiums. See NHC for specific community incentives. Paid closing costs vary by community and are only available when financing through M/I Financial, LLC (NMLS #50684). The offer is for a limited time and is subject to change. Some restrictions may apply.