Down Payment Assistance Program? Try SETH

SETH 5 Star Texas Advantage Program

No First Time Homebuyer Requirement

The 5 STAR TEXAS ADVANTAGE PROGRAMprovides eligible homebuyers several options for a loan program that meets their needs. Buyers get a 30 year fixed rate mortgage and a Grant to be used for the down payment and closing costs associated with their home purchase. The maximum Grant is 6%, and is based on your actual loan amount. Grants range from 3%- 6% and you will work with your loan officer to decide the financing options and Grant you would like to use. There is no repayment expected for this Grant and no 2nd lien on your home. This program can help reduce your out of pocket expenses and make home ownership easier to achieve.

The Program is available for the entire State of Texas with the exception of the following cities: El Paso, Grand Prairie, McKinney, and Travis County. Local Down Payment Programs and MCC Programs may be combined with this program.

Income Limits for Houston-Sugar Land-Baytown MSA:

FHA/VA Maximum Income Limits

Austin :$76,475

Brazoria :$95,105

Chambers, Fort Bend, Galveston, Harris, Liberty, Montgomery, Waller :$79,580

USDA/RHA Maximum Income Limits

Austin : up to $102,500

Brazoria :$121,900

Chambers, Fort Bend, Galveston, Harris, Liberty, Montgomery, Waller :$105,200

Freddie Mac/Conventional Maximum Income Limits

Austin : up to $93,100

Brazoria :$115,780

Chambers, Fort Bend, Galveston, Harris, Liberty, Montgomery, Waller :$96,880

 

For more information call, 713-443-3423

Reference:

http://sethfc.com/homebuyers/

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