Seth Homebuyer Program

That being said, a co-worker of mine, who does real estate on the side, mentioned she had learned about the SETH program. The grant provides up to 6% down payment/closing cost assistance and has income requirements based on whether you’re doing FHA, VA, or conventional.

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Financial assistance is provided by SETH, southeast texas housing finance Corporation. The public purpose of Southeast Texas Housing Finance Corporation is to create and promote affordable housing opportunities for the citizens of Texas and it’s subscribing governmental jurisdictions.

HOMEBUYER EDUCATION REQUIREMENT All borrowers (those on the Note) must attend Homebuyer Education Provided by SETH online Click on Homebuyer Education on the SETH website www.sethfc.com ! 5 Star Texas Advantage Program! NEW!!

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Texas MCC Program Criteria / Requirements: All mortgage loan types are eligible. The mortgage loan, available through a network of participating lenders, must be underwritten according to FHA, VA, USDA/RHS or conventional loan criteria and will be at prevailing market rates.

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First-time, low to moderate income home buyers assistance program.

Southeast Texas Housing Finance Corp. has increased its downpayment assistance grant from 3% to 4%. The 5-Star Texas Advantage Program’s DPA Option will be effective on new loans originated as of 2/28/2013.

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The SETH 5 Star Texas Advantage is designed to help homebuyers with the purchase of a home. The program provides a Grant and the funds can be used for the down payment and closing costs associated with purchasing a home. With this program you choose between three program options of 3%, 4%, and 5% then select the amount of assistance your need.

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