Open the Door to Affordable Homeownership at

Ashton Woods

That’s right—you can now secure FHA financing without any down payment when purchasing your new home with Ashton Woods by using our preferred lender, Velocio Mortgage. Our newest FHA product includes down payment assistance (DPA) that covers the FHA’s minimum down payment requirement.*

It's never been easier to purchase your new and first home with Ashton Woods here in Dallas-Fort Worth. Offering single-family homes and townhomes with designer-curated interior design, Ashton Woods is the right place for you to start your homeownership journey.

WHY YOU WILL LIKE THIS PROGRAM

  • Reduced out-of-pocket costs means more money for other expenses.
  • Opportunity to buy a home sooner without saving up for a big down payment.
  • It’s versatile, offering two DPA options to choose from.**
  • Perfect credit isn’t required – as low as 600 FICO® score allowed.***

HOW THE PROGRAM WORKS

  • The first loan finances up to 96.5% of the purchase price.
  • The second loan with DPA finances the remaining amount of the purchase price.
  • At least one borrower must take an approved homebuyer education class.

PRE-QUALIFY
Start the pre-qualification process now with Velocio Mortgage to access this limited time financing opportunity. For questions regarding pre-qualification, complete the form below and we will contact you. 

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*​​Financing is offered by Velocio Mortgage (NMLS ID# 1529234), an affiliated lender of Ashton Woods.  Additional program requirements apply; speak with your loan officer for complete details. *Program finances 100% combined loan-to-value (CLTV). Example scenario: 30-year fixed rate loan with a minimum 600 FICO, a 40% DTI (Debt-to-Income), on a primary occupancy type will have a 9.181% APR (Annual Percentage Rate). Rate listed is effective as of 7/25/23, is for illustrative purposes only, and is subject to change. **Second loan DPA includes a 0% interest rate option and a forgivable option. ***Requires AUS (automated underwriting system) approval. Not a commitment to lend. Borrower must meet qualification criteria. This is not an offer of any specific interest rate or a commitment to make a loan and only buyer’s lender can offer a specific interest rate or issue a loan commitment under this special financing rate promotion.  Receiving the advertised rate and incentive requires participation in the Ashton Woods Advantage program, including use of Velocio Mortgage, which are affiliated lenders.  However, use of Velocio Mortgage is not required to purchase an Ashton Woods home.  Ashton Woods is not a lender or mortgage broker, and does not offer loans or mortgages. Qualification, income and/or geographic restrictions may apply. Offer only available on homes that are purchased as a primary residence. Buyer must obtain an FHA loan, with a minimum credit score of 600, in order to qualify for the no down payment program. Incentives and contributions by Ashton Woods are subject to certain terms, conditions, and restrictions and certain incentives may be limited by the lender or could affect the loan amount.  This communication is provided for informational purposes only and should not be relied upon by you, not to be construed as a quotation or offer of credit from any lending institution. Programs, prices, rates, terms and conditions subject to change without notice. Actual rates available to you may vary based upon a number of factors including credit score, documentation level and market conditions. In addition to payment for principal and interest, payments for taxes, homeowner’s insurance, mortgage insurance and possible HOA dues are required.  All loans subject to credit approval. Other restrictions may apply. See terms and conditions for complete information. Supply of homes and homesites at these prices are limited and subject to availability.

 

© 2023 Ashton Woods. All rights reserved. All trademarks and copyrighted materials herein, including “Ashton Woods” and the Ashton Woods logo are the property of Ashton Woods and may not be used without express written permission. Ashton Woods reserves the right to change plans, specifications, dimensions, designs, elevations, and pricing without notice and in its sole discretion. Stated dimensions, square footage, and window, floor, and ceiling elevations are approximate; are not representative of a home’s actual size or net usable square footage which may be less than estimated square footage; are subject to change without prior notice or obligation; may not be updated on the website; and may vary by plan elevation and/or community. Floorplans and elevations may not represent the actual condition of a home as constructed and may contain options which are not available on all models. Certain features in and around the model homes are designer suggestions and not included in the sales price. All renderings, color schemes, floorplans, maps, and displays are artists’ conceptions and are not intended to be an actual depiction of the home or its surroundings. Basement options may be available subject to site conditions. Garage or bay sizes may vary from home to home and may not accommodate all vehicles. Homesite premiums may apply. While Ashton Woods endeavors to display current and accurate information, Ashton Woods makes no representations or warranties regarding the information set forth herein and, without limiting the foregoing, is not responsible for any information being out of date or inaccurate, or for any typographical errors. Please see Sales Representative for additional information and details. Ashton Woods is not a lender or mortgage provider. This is not an offer to sell real estate, or solicitation to buy real estate, in any jurisdiction where prohibited by law or in any jurisdiction where prior registration is required, including New York and New Jersey. 7.23.