NO FIRST TIME HOMEBUYER REQUIREMENT
MORE ASSISTANCE   &  LOWER RATES

GoldStar Program

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The GoldStar Program provides assistance in the form of a forgivable 2nd lien. The maximum amount of Assistance to be provided is 7% and is based on the final loan amount. The Assistance is provided in the form of a 7 or 10 year forgivable community Second Loan. Funds can be used toward your down payment and closing costs. The program also provides a 30 year fixed rate mortgage. Mortgage options are FHA, VA, USDA and Conventional. There is no pre-payment penalty or federal recapture tax for the mortgage loan.

This program is available in Texas but outside of Travis County and the city limits of El Paso and Grand Prairie. Buyers must be income eligible and will be required to complete the SETH on-line Homebuyer Education Course.

  • No First Time Homebuyer Requirement
  • Minimum FICO Score of 600
  • DTI up to 55%
  • Maximum Sales Price: $484,350
  • Meet Program Income Limits www.sethgoldstar.com

Ready to become a Homeowner?

Your first step is to contact a Participating Lender for approval. We have a list of Lenders available for each program at www.sethgoldstar.com. You are also welcome to email Rhonda Mitchell for suggestions of Lenders in your area.

All of our programs will require the completion of our on-line
Homebuyer Education Class. The class must be completed before you purchase your home.

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