The SETH 5 Star Program provides eligible home buyers a grant for down payments and closing costs when purchasing a home. Buyers also receive a 30 year fixed rate FHA, VA, USDA, or conventional loan. The actual amount of the grant isdetermined by the loan amount and financing selections.
- Available for the entire State of Texas except for Travis Country and the cities of El Paso, Grand Prairie, and McKinney.
- Maximum sales price: $386,400 ($453,100 for conventional financing)
- All buyers must complete the SETH on-line Home Buyers Education Course
- Borrowers must be Income Eligible: See SETHFC.com for income limits.
- Minimum FICO score of 640 required.
NO First Time Home Buyer Requirement
NO Repayment required
NO Recapture Provision
NO Second Lien
For more information, please visit http://www.SETHFC.com