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*For FHA loans: Promotional rate applies to new contracts written for a limited time only on select inventory homes that close by September 30th, 2024. The interest rate is 4.875% with a 30-year FHA fixed-rate mortgage and a 3.5% down payment. The ANNUAL PERCENTAGE RATE is 5.7322% based on a sales price of $550,000 and a loan amount of $540,038. The buyer will be responsible for any down payment required by the loan program guidelines, pre-paids, and any upfront mortgage insurance premiums. For all offers buyer must make loan application within 48 hours of contract signing. Rate is not guaranteed until locked in with M/I Financial, LLC. Rates are subject to change without notice. Other financing options may be available. Contact M/I Financial, LLC for more details. (nmlsconsumeraccess.org) Financing is offered through M/I Financial, LLC (NMLS# 50684).
The rate is based on a $414,507 sales price with a $400,000 loan amount. Financed amount is $407,000 which includes the FHA UFMIP of 1.75%. A minimum down payment of 3.5% and credit score of 640 are required. The interest rate as of September 18, 2024, at 10:00am CST was 3.875% and applies to a 30-year fixed rate FHA loan. The ANNUAL PERCENTAGE RATE is 4.6170%. Program is available on select homes only. 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 November 30, 2024. Other financing programs may be available with as little as 5% down. The rate is subject to change without notice. Financing is offered through M/I Financial, LLC (NMLS# 50684). Restrictions do apply.
**For VA loans: Promotional rate applies to new contracts written for a limited time on select inventory homes only that must close by September 30th, 2024. The interest rate is 4.875% with a 30-year VA fixed-rate mortgage and a 0% down payment. The ANNUAL PERCENTAGE RATE is 5.639% based on a sales price of $550,000 and a loan amount of $550,000. Minimum 640 credit score is required. The buyer will be responsible for any down payment required by the loan program guidelines, pre-paids, and any upfront mortgage insurance premiums. For all offers buyer must make loan application within 48 hours of contract signing. Rate is not guaranteed until locked in with M/I Financial, LLC. Rates are subject to change without notice. Other financing options may be available. Contact M/I Financial, LLC for more details. (nmlsconsumeraccess.org) Financing is offered through M/I Financial, LLC (NMLS# 50684).