M/I Homes Charlotte Offers Low 2.875% Interest Rate On Move-in Ready Homes Through M/I Financial

CHARLOTTE, N.C., Nov. 2, 2012 /PRNewswire/ -- With continuing signs that the housing market is coming back, M/I Homes Charlotte is making a dream home more affordable. Through M/I Financial, M/I Homes is offering 30-year, fixed rate mortgages with rates as low as 2.875% for move-in ready homes. Those rates apply to both FHA and conventional financing.

The program, called Smart Move, offers fixed rate mortgages so that the principal and interest will never change. With historically low rates, monthly payments for a new home are often lower than rent. Current homeowners may discover they can own the home they really want for less than they imagined.

More than 30 new M/I homes -- single family and townhomes -- are available now in Charlotte and throughout Mecklenburg, Union, Cabarrus and Iredell counties. Prices range from $109,346 to $504,605, and square footage from 1,414 to 4,656 square feet. M/I Homes Charlotte pays all closing costs in most of its communities.

Smart Move mortgages are available for a limited time only. Contact Joe Clark at 704-286-6498 or jclark@mihomes.com to find out more. Check out M/I Homes Charlotte communities at www.mihomes.com/charlotte .

M/I Homes home plans are designed and built for the way people really live. All M/I homes are 100 percent Energy Star-certified. "Our homes actually exceed Energy Star requirements, and each one comes with a 30-year structural warranty," says Tamara Lynch, vice president of sales and marketing for M/I Homes Charlotte.

M/I Homes, Inc. is one of the nation's leading builders of quality single-family homes, having delivered over 80,000 homes. The Company's innovative, award-winning homes are marketed and sold under the trade names M/I Homes and Showcase Homes. In addition to Cincinnati and Northern Kentucky, the Company has homebuilding operations in Columbus and Chicago, Illinois; Indianapolis, Indiana; Tampa and Orlando, Florida; Charlotte and Raleigh, North Carolina; San Antonio and Houston, Texas and the Virginia and Maryland suburbs of Washington, D.C.

SOURCE M/I Homes Charlotte