SETH 5 Star Texas Advantage Program

No First Time Homebuyer Requirement

The 5 STAR TEXAS ADVANTAGE PROGRAM provides 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 cities of: El Paso, Grand Prairie, and Travis County. Local Down Payment Programs and MCC Programs may be combined with this program.

  • No First Time Homebuyer Requirement
  • Must be Income Eligible (list below)
  • Minimum of a 640 Credit Score
  • Must Purchase in Program Area

Get Started Today

Contact A Participating Lender From The List

Participating Lender List
Purchase Price Limits FHA Loans

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