Getting Started
NO FIRST TIME HOMEBUYER REQUIREMENT
The SETH 5 Star Program provides down payment and closing cost assistance and a 30 year fixed rate mortgage. Mortgage options include FHA, USDA, VA and Conventional financing. Maximum amount of assistance provided is 5% of your loan amount. Assistance is provided in the form of a forgivable community second loan, forgiven after 3 years. Our Best Rate Option is a great rate with no assistance or second lien. The Best Rate Option is available for refinancing your current residence or purchase of a home.
This program is available in Texas but outside of Travis County and the city limits of El Paso, McKinney and Grand Prairie. Buyers must have a 640 credit score and be income eligible (see below) and will be required to complete the SETH on-line Homebuyer Education Course.
INCOME LIMITS:
FHA/VA/Conv Loans
USDA Loans
Homebuyer Education
Choosing Your Course:
Our program will require completion of the SETH Homebuyer Education Course for purchase transactions. Access the class with the link below. Only one borrower must complete the course, but if preferred you may attend jointly with your co-borrower. This is not required for our refinance options.
Step 1
Use the button below to register for our Homebuyer Education Course. You will need to create an account.
Step 2
You will submit payment in the Complete Purchase Section. The cost for Homebuyer Education is $100. The course is provided at no charge for homebuyers meeting Charter Income Limits. Your loan officer can assist with obtaining a code.
A certificate is provided upon completion. The certificate is valid for 12 months. Courses are offered in Spanish and English.
Contact SETH
Lenders:
11111 S Sam Houston Parkway East Houston, TX 77089 281.484.4663