The SETH 5 Star Texas Advantage Program provides eligible homebuyers a Grant for Down Payment and Closing Costs when purchasing a home. Buyers also receive a 30 year fixed rate FHA, VA, USDA or Conventional loan. Actual amount of Grant determined by loan amount and financing selections.
- Available for the entire state of Texas except Travis County and the cities of El Paso, Grand Prairie & McKinnie.
- Maximum Sales Price: $274,050 ($324,000 Conv.)
- All Buyers to complete the SETH Online Homebuyer Education Course.
- Qualify for a Mortgage Loan with AmCap Mortgage.
- Borrowers must be income eligible.
- No First Time Homebuyer Requirement
- No Repayment of Assistance
- No Recapture Provision
- No 2nd Lien
Follow this link for more details.