NO FIRST TIME HOMEBUYER REQUIREMENT
SHORTER FORGIVENESS TERMS
Our SETH 5 Star Program provides eligible homebuyers several options for a loan program that meets their needs. The program provides down payment and closing cost assistance when purchasing a home. The maximum assistance is 5% and is based on the final loan amount. Grants are provided for our Freddie Mac conventional loan products. Other options provide assistance in the form of a 3 year Community Second Loan which is completely forgiven after 3 years. The program includes a 30 year fixed rate FHA, VA, USDA, or Conventional mortgage loan.
This program is available in Texas but outside of Travis County and the city limits of El Paso, McKinney and Grand Prairie.