SETH 5 Star Texas Advantage Program

No First Time Homebuyer Requirement

The 5 STAR TEXAS ADVANTAGE PROGRAM The 5 STAR TEXAS ADVANTAGE PROGRAM provides eligible homebuyers several options for a loan program that meets their needs. The program provides a 30 year fixed rate mortgage and a Grant to be used toward your down payment and closing costs. The maximum Grant is 6%, and is based on your actual loan amount. There is no repayment expected for this Grant and no 2nd lien on your home. Borrowers using our Conventional Loan Option may be eligible for additional Affordable Income Subsidy Grants of up to 2%.

The Program is available for the entire State of Texas with the exception of Travis County and the cities of El Paso & Grand Prairie. Local Down Payment Programs and MCC Programs may be combined with this program. The maximum sales price for VA, USDA and Conventional Loans is $424,100. Sales price limits for FHA Loans are determined by the county location and range from $275,665-$362,250.

  • No First Time Homebuyer Requirement
  • Must be Income Eligible (see below)
  • Minimum of a 640 Credit Score
  • Must Purchase in Program Area
  • Obtain Mortgage and Grant Approval from a Program Lender

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Contact A Lender From the List Below

Participating Lender List
Purchase Price Limits: FHA Loans

Income Limits: FHA/VA
Income Limits: USDA RDA
Income Limits: Freddie Mac/Conventional

Income Limits: Additional AIS Subsidy Conventional Loans Only