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SETH Program // What is it?

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.

 

May 26, 2017 by · Leave a Comment

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