HOME BUYER PROGRAMS

SETH 5 Star Texas Advantage Program

No First Time Homebuyer Requirement

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The 5 STAR TEXAS ADVANTAGE PROGRAM provides eligible homebuyers several options for a loan program that meets their needs. This program provides down payment and closing cost assistance in the form of a gift. The maximum amount of assistance provided is 5% of the loan amount. There is no repayment expected for this Grant. For homebuyers, this reduces their out of pocket expense and makes home ownership obtainable. Grant funds can be used to meet the buyer’s required investment. Loan terms for both options are fixed 30 year rates.

Find an approved 5 STAR TEXAS ADVANTAGE PROGRAM Lender

Income limits for the 5 STAR TEXAS ADVANTAGE PROGRAM
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The Program is available for the entire State of Texas except within the city limits of El Paso, Grand Prairie, and McKinney, and Travis County. However, if the homebuyer is purchasing in any of the following counties: Bailey, Cochran, Crosby, Dickens, Floyd, Garza, Hale, Hockley, Lamb, Lubbock, Lynn, Motley, Terry, or Yoakum, please refer to the program available through the South Plains Housing Finance Corporation.

 
Contact that program at :
806.745.9559 or www.lubbockhousing.org

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SETH Mortgage Credit Certificate (MCC) Program

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The SETH MCC Program provides eligible First Time Homebuyers with a tax credit of up to $2,000 each year for the life of the mortgage loan. The actual tax credit is determined by the amount of interest paid by the homeowner each year. MCC’s help reduce a homeowner’s financial burden by providing additional income through these tax credits. This program may be combined with the 5 STAR TEXAS ADVANTAGE PROGRAM.

Find a MCC Program Lender
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This program is available in the following counties:
Austin, Brazoria, Chambers, Liberty, Matagorda, Waller, Walker, Wharton and in the city limits of Baytown, Deer Park, Dickinson, La Marque, La Porte, League City, Pasadena, Santa Fe, Shoreacres, Texas City and Tomball.
Get started now by contacting a participating Lender from the list below :

 
MCC Program Guidelines
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City of Pasadena First Time Homebuyer Program

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This program provides up to $10,000 when purchasing a home in the city limits of Pasadena. This program is supported by funding from the HOME Investment Partnerships (HOME) Program of the City of Pasadena, Texas through the U.S. Department of Housing and Urban Development.

Find a Lender
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May be combined with 5 STAR TEXAS ADVANTAGE PLAN and SETH MCC Program. Homebuyers must obtain a home loan from an approved Lender.

Click Here To Get Started
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Mortgage Credit Certificate (MCC) Programs Administered by SETH

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These MCC Program provides eligible First Time Homebuyers with a tax credit of up to $2,000 each year for the life of the mortgage loan. The actual tax credit is determined by the amount of interest paid by the homeowner each year. MCC’s help reduce a homeowner’s financial burden by providing additional income through these tax credits. These programs may be combined with the 5 STAR TEXAS ADVANTAGE PROGRAM.

Click Here For The List of All MCC Programs
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For information on these programs or a list of approved Lenders, contact the following:

281.484.4663 ext. 111
E-mail: p.constance@sethfc.com

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