Cherrywood — New Homes by M/I Homes

Current Builder Incentives

• ✦Take Advantage of Our Home-to-Sell Program Many people need to sell their current home before they can move into the new home of their dreams! We can help you sell your existing home, making the process of purchasing your new M/I home smoother and quicker. With our Home-To-Sell program, you can offer your buyers 3% of your home's selling price. When you sign a purchasing agreement with M/I Homes, you’ll have the option to work with M/I Financial, LLC, our in-house financing team. This collaboration gives you the opportunity to offer attractive incentives to buyers of your current home, setting your home listing apart from other properties on the market! How It Works: Our exclusive Home-To-Sell program offers your buyers 3% of your current home’s selling price. With this concession, your buyers can receive thousands of dollars to buy down an interest rate, apply it to closing costs, or both! To take advantage of this special offer, both you and your buyers must use M/I Financial, LLC. Contact us today to learn more and schedule your appointment. Don’t miss out on your dream home today!
• ✦Hometown Heroes It's our way of saying "Thank you for your service". Contact our team today to learn how you might be eligible for $2,000 in options and upgrades towards your new home! As a small token of our appreciation for the heroic services you provide, M/I Homes offers you our Hometown Heroes promo: $2,000 in options and upgrades towards your new home! Who can receive it? Firefighters Law Enforcement Educators Medical Personnel Veterans Active, Reserve, and Retired Armed Forces Contact us today to learn if you're eligible for Hometown Heroes! $2,000 to be used towards options and upgrades in your home. To be eligible on must be or must have been a member of the Army, Navy, National Guard, Coast Guard, Marines, or Air Force. Current doctors, registered nurses, police officers, firefighters, paramedics, school teachers, principals, and vice-principals are also eligible. Proper ID must be shown at the time of contract. Not valid on contracts written prior to February 1st, 2025. See a M/I Homes New Home Consultant for details. Offer valid for limited time and is subject to change without notice. One per household. Can't be combined with any other offer. February 1st, 2025 - December 31st, 2025 on To-Be-Built homes. Have questions for us? Ask about current properties or about this incentive, or call (763) 586-7275 <input type="text" name="FormLastName" id="lastName_sidebar"
• ✦Is Now the Right Time to Make Your Move? If you've been waiting for the right opportunity to buy a home, this may be it. With reduced pricing, below-market financing options, and limited-time incentives, owning a new M/I Home may be more attainable than you think. Move in Before the Holidays Quick Move-In Homes Available Now Take advantage of exceptional savings on select inventory homes and enjoy the benefits of new construction without the wait. ✅ Reduced pricing on nearly every Quick Move-In Home ✅ Below-Market Interest Rates Enjoy lower monthly payments and increased buying power compared to today's market rates. 5.25% Rate/5.891% APR 30 year fixed rate FHA loan AND ✅ Choose the incentive that works best for you Up to $5,000 toward allowable closing costs &Dagger; OR A 2/1 temporary rate buydown &Dagger; &Dagger; to help lower your monthly payments during your first two years of homeownership 2/1 Buydown with a 30 year FHA fixed rate mortgage &Dagger; &Dagger; Year 1: 3.25% Rate &Dagger; &Dagger; / 6.021% APR &Dagger; &Dagger; Year 2: 4.25% Rate &Dagger; &Dagger; / 6.021% APR &Dagger; &Dagger; Years 3–30: 5.25% Rate &Dagger; &Dagger; / 6.021% APR &Dagger; &Dagger; ✅ Need to sell your current home first? Our Home to Sell Program can help make your current home more appealing to buyers and provide additional flexibility during your move. Planning a Move Next Spring? Build You