Southeast Texas Housing Finance Corporation (SETH) Program

Buying a home with no money down is possible, and today we’ll highlight the Southeast Texas Housing Finance Corporation (SETH) Program

SETH 5 Star Texas Advantage Program

No First Time Homebuyer Requirement

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 Conventional loans with no repayment or recapture. Assistance for Government loans is provided as a Community Second and is completely forgive after 3 years. There are no monthly payments for the assistance provided with either option. The program also provides a 30 year fixed rate mortgage. Mortgage options are FHA, VA, USDA and Conventional.

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 limits (see below) and will be required to complete the SETH on-line Homebuyer Education Course.

  • No First Time Homebuyer Requirement
  • Minimum FICO Score of 640
  • Maximum Sales Price: $453,100
  • Meet Program Income Limits
  • Obtain Mortgage and Assistance Approval from a Program Lender
Program Income Limits: FHA/VA USDA Conventional
Program Income Limits: Additional AIS Grant for Conventional Loans
Max Sales Price Limits: FHA VA/USDA/Conventional: $453,100


Ready to become a Homeowner?

Your first step is to contact us for approval.

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. But not before you get approved for a home loan.

Information can change Regularly. Here is the link directly to the SETH website: HERE

If you have any other questions or would like more information, feel free to give us a call. As mortgage experts, we would be happy to guide you toward the best option for financing your next home purchase. We look forward to hearing from you soon. Have Questions, contact us below.