Down Payment Assistance

Dated: 03/03/2018

Views: 35

SETH 5 Star Texas Advantage Program

SETH 5 Star Texas Advantage Program

No First Time Homebuyer Requirement

Our SETH 5 Star Program provides eligible homebuyers several options for a loan program that meets their needs. The program provides down payment and closing cost assistance in the form of a Grant, with no repayment or recapture of the assistance provided. The maximum Grant is 6% and is based on the final loan amount. The program also provides a 30 year fixed rate mortgage. Mortgage options are FHA, VA, USDA and Conventional. There is no pre-payment penalty or federal recapture tax for the mortgage loan.

This program is available in Texas but outside of Travis County and the city limits of El Paso and Grand Prairie. Buyers must be income limits (see below) and will be required to complete the SETH on-line Homebuyer Education Course.

  • No First Time Homebuyer Requirement

  • Minimum FICO Score of 640

  • Maximum Sales Price: $453,100

  • Meet Program Income Limits

  • Obtain Mortgage and Grant Approval from a Program Lende

logo

Blog author image

Susan Casas

As a Realtor in San Antonio and surrounding areas, I put the needs of my clients above my own. ....

Latest Blog Posts

Your CLUE Insurance Report Matters

Your CLUE Insurance Report MattersBy: Mariwyn EvansPublished: August 11, 2016Your CLUE insurance report keeps your homeowners insurance claims alive for seven years--and that could cost you on

Read More

2018 San Antonio Fiesta Schedule

www.fiesta-sa.org/wp-content/uploads/2018/03/2018-Fiesta-Schedule-of-Events.pdf    For some reason this link is not working. Please goto Fiesta-SA.org to down load this schedule.

Read More

Apr 16 2018 51568 3

Making an Offer  Written by SABORA REALTORĀ® can help you find your perfect home, but only you can decide how much you are willing to offer for it. The

Read More

Apr 16 2018 51568 2

Deciding What You Need & Want Written by SABOR Some suggestions to help you prepare for your search Make a list of your needs and wants. Do you need an

Read More