Limited-Time FHA 3.5% Down, 2.875% First-Year Rate* / 5.632% APR* with 2/1 Buydown

M/I Financial, LLC is offering a limited-time rate on select Quick Move-In homes: FHA Loan with 2/1 buydown program with a first-year rate of 2.875% / 5.632% APR* on select homes that can close by December 31st, 2024.

More Details:

M/I Financial, LLC is offering a limited-time rate on select Quick Move-In homes: FHA 2/1 buydown program with a first-year rate of 2.875% / 5.632% APR* on select homes that can close by December 31st, 2024.

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*

Contact us to schedule your appointment and learn how to save hundreds on your monthly payments!

Our Knowledgeable Team Is Available Now to Help You:

• ✓ Share more incentive details on qualifying homes
• ✓ Schedule private community and home tours
• ✓ Explain financing options and steps
• ✓ Walk you through the new construction timeline and process
• ✓ Give expert information on area features, attractions, and schools

Hurry, this rate won’t last long!

*The APR is based on an estimated loan amount of $400,000. The 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 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 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. The 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 31, 2024. 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.