New Homes in Conroe TX at Villas at White Oak

Request Information

    or call 936-703-5445

    62+ Dream Home Program

    Home Equity Conversion Mortgage (HECM)
    for Purchase (H4P) Program

    Are you looking to buy a new home and wondering how you are going to finance it at this stage in your life? If you or your spouse is 62 years of age or better and buying your next home as your primary residence, FHA has an amazing purchase program for you called the Home Equity Conversion Mortgage (HECM).

    HECM Program

    This reverse mortgage program was created specifically for those aged 62 and up to assist in buying a new home. As homeowners are being introduced to HECM, many of them are choosing it rather than paying all cash or committing to a home loan payment during their retirement.

    For example: You could purchase a $300,000 home with approximately $150,000 down payment and never make a mortgage payment on the financed balance!*

    Work with our preferred partner, Motto Mortgage, to learn more about the HECM program.

    How it works: 

    Buyers provide a down payment to cover a certain percentage of the home purchase price based on specific criteria. This will cover the difference in the HECM proceeds and the selling price of the home plus closing costs. In this reverse mortgage, the payment comes from the equity of the sale of the buyer’s previous home.

    Benefits:

    With no home loan and no monthly mortgage payments, your life opens up to travel, hobbies, and spoiling your grandchildren. Secure your standard of living with a reverse mortgage while getting everything you wanted in your dream home.

    Why wait? Start living in your dream home today.

    To start exploring the HECM Loan process for your home at the Villas at White Oak Ranch, please contact:

    Talbot Theiss

    Talbot Theiss
    Broker/Owner
    LO NMLS ID #1895220

    Motto Mortgage Gracemark
    NMLS #1904896

    phone: 832.345.5450
    Talbot.Theiss@MottoMortgage.com
    www.MottoMortgageGracemark.com

    Motto Mortgage

     

     

     

    To find out more about financing your new home at The Villas at White Oak Ranch, please complete the form below: 

      Or View Available Homes here. 

      *Example based on 4.75% fixed interest rate, 4.87% APR, and youngest borrower age 62.

       

      View Available New Homes My Villas Login

      Equal Housing OpportunityVillas At White Oak Ranch |
      12675 Longmire Way,
      Conroe, TX 77304       |
      Email:  sales@WoodFallsTx.com |
      Phone:  936-703-5445

      Privacy Policy |
      All Copy Rights Reserved 2020

      No guarantee or representation is made as to the timing of completion or that the facilities, street patterns, improvement plans, locations, sizes, amenities and features reflected above will be constructed, or that if constructed, will be as depicted. All information (including, but not limited to prices, availability, incentives, floor plans, site plans, features, standards and options, assessments and fees, planned amenities, programs, conceptual artists' renderings and community development plans) is not guaranteed and remains subject to change or delay without notice. Maps and plans are not to scale and are intended to represent an artist's depiction only of the existing and/or planned elements of Villas at White Oak Ranch Community's current proposed development concepts. Photos and descriptions of any planned improvements, features or amenities are not an actual representation and are for illustration purposes only that remain subject to change. Prices may not include lot premiums, upgrades and options. Some programs and amenities may also require payment of additional fees. Visit the community for detailed lists of features or amenities or options/upgrades and decorator items and for additional important disclosures for the community and the home. This material shall not constitute a valid offer in any state where prior registration is required or if void by law. Details available on request except in some states where state laws may restrict providing information to residents. At least one resident of the household must be 55 or older, and additional restrictions apply. Some residents may be younger than 55 and no one under 19 in permanent residency. Please see a Gracemark Homes Community Sales Manager. 2020, Gracemark Homes. All rights reserved.