Down Payment Assistance

Submit Audition/Proposal on this Project
Rate this Project

Project Main Details

Down Payment Assistance 
The Down Payment Assistance Program provides an exciting tool to help bridge the gap between you and your home and this is a video aimed at people to inform them that the program exists................................................................. 
2016-07-06 18:55:41 GMT
2016-07-14 13:00:00 (GMT -06:00) Central Time (US & Canada) 
Yes (click here to learn more about Voice123's SmartCast)
0 direct invitation(s) have been sent by the voice seeker resulting in 0 audition(s) and/or proposal(s) so far.
Voice123 SmartCast is seeking 50 auditions and/or proposals for this project (approx.) Invitations sent by SmartCast have resulted in 50 audition(s) and/or proposal(s) so far.

Project Parameters

The Voice Actor should be located in:
Fixed - USD 300
Via Internet: college station tx
English - USA and Canada
Not defined
Middle Age Female OR Middle Age Male OR Senior Female OR Senior Male
• Audio files must be delivered via FTP/Dropbox/Google Drive/cloud
There are no special pre-, post-, or production requirements for this project.
Not defined
The voice seeker is willing to hire either union or non-union talents for this project

Script Details

Did you know the City of College Station has a program to help income-eligible residents buy a home?
Through federal grants, the city’s Down Payment assistance loan program offers 0 percent interest-deferred, shared-equity, gap-financing loans of up to 30 percent of the sales price, with a maximum of $49,999.
Wow, that’s’ enough to make your eyes cross.
But it’s really not that confusing. Let’s break it down.


The Down Payment Assistance loan program bridges the gap between the total cost to buy the home including closing costs and the sum of all other financing.
Here’s an example –
You go to a lender and they are willing to lend you $120,000.
You find a $150,000 house.
It costs money to borrow money, so let’s say you need to pay $8,000 in closing costs, which includes insurance, taxes and fees.
The Down Payment Assistance Loan program requires you to put 1 ½ percent of the sales price of your own money into the deal. With a sales price of $150,000, that would be $2,250.
The total cost of the house comes to $158,000.
The financing from your lender and your own funds is $122,250.
There’s a $35,750 gap you need to fill.
The program exists to bridge the gap and make the deal work.


Gap financing may be up to 30 percent of the sales price, with a maximum of $49,999.
In the example we looked at, 30 percent of the sales price of $150,000 is $45,500. That’s the highest amount the city would provide in that case.
For a more expensive home of say, $180,000, 30 percent is $54,000. The cap would come into effect here and the most the city would loan you would be $49,999.

How the Down Payment Assistance Loan is paid back?
The loan is 0 percent interest deferred. Meaning that there is no interest for the life of the loan and you pay nothing back until you stop living in the house.


When you no longer live in the house, you pay back what you borrowed from the city plus a part of the profit you make from selling your home.
If the down payment assistance was 10 percent of the sales price, then you repay what you borrowed plus 10 percent of the profit you make when selling your house.

From our earlier example:
$35,750 is 24 percent of the $150,000 sales price.
Let’s say that after several years you decide to sell your home for $180,000, making $30,000 in profit.
You pay back the $35,750 you borrowed plus 24 percent of your profit, which is $7,200.
$42,950 would go back to the city.

The Down Payment Assistance Program provides an exciting tool to help bridge the gap between you and your home.
For more information, visit our webpage at
You can also give us a call at 979-764-3778. 
Please note that you should only use the script or your recording of it for auditioning purposes. The script is property, unless otherwise specified, of the voice seeker and it is protected by international copyright laws.

Voice-Seeker Details

Sign in to display the company name (if applicable)


Voice123 Team Comments

Voice123 consultations with this voice seeker regarding this project and/or other projects by this voice seeker, via phone, chat, and/or email.

unchecked This project - phone.

checked Previous projects - phone.

unchecked This project - email or chat.

checked Previous projects - email or chat.

checked Corporate web site for this voice-seeker confirmed by Voice123

Note: Voice123 strives to establish the legitimacy of all projects posted. However, Voice123 subscribers and users are responsible for confirming information stated by prospective voice seekers, agents and/or clients. Voice123 subscribers and users assume all liability for use of any information found through Voice123, or any of its publications.

This page contains the most important details of this project. If you find the information on this project inaccurate or inappropriate, please let us know by contacting us.

Submit Audition/Proposal on this Project