SETH (Southeast Texas Housing Finance Corporation)
State Housing Agency
SETH (Southeast Texas Housing Finance Corporation) is a non-profit organization that provides home financing options to low- and moderate-income families all across Texas. They offer a variety of programs such as the SETH 5-Star and GoldStar Programs, which provide down payment and closing cost assistance. SETH also partners with local lenders to provide competitive rates and assist with the loan process. Their mission is to help Texas families achieve their dream of homeownership.
First Mortgage Programs Offered by SETH (Southeast Texas Housing Finance Corporation)
SETH USDA-RD Purchase Loan
Best For: First Time Homebuyers, Zero Down
USDA program for Texas residents seeking down payment assistance, offered by the Southeast Texas Housing Finance Corporation (SETH)
Min. Credit Score
640
Min. Down Payment
0%
Max. Loan Amount
$726,200
SETH VA Purchase Loan
Best For: First Time Homebuyers, Low Down Payments
VA program for Texas Vets and active-duty military seeking down payment assistance, offered by the Southeast Texas Housing Finance Corporation (SETH).
Min. Credit Score
640
Min. Down Payment
0%
Max. Loan Amount
$726,200
SETH FHA Purchase Loan
Best For: First Time Homebuyers, Low Down Payments, Easy Qualification
FHA program for Texas residents seeking down payment assistance, offered by the Southeast Texas Housing Finance Corporation (SETH).
Min. Credit Score
640
Min. Down Payment
3.5%
Max. Loan Amount
$472,030
SETH Conventional Purchase - Low Income
Best For: First Time Homebuyers, Low Down Payments
Conventional option for low income Texas residents seeking down payment assistance, offered by the Southeast Texas Housing Finance Corporation (SETH).
Min. Credit Score
640
Min. Down Payment
3%
Max. Loan Amount
$726,200
SETH Conventional Purchase - Median Income
Best For: First Time Homebuyers, Low Down Payments
Conventional option for Texas residents seeking down payment help and making above 80% AMI, from the Southeast Texas Housing Finance Corporation.
Min. Credit Score
640
Min. Down Payment
3%
Max. Loan Amount
$726,200
Second Mortgage Programs Offered by SETH (Southeast Texas Housing Finance Corporation)
SETH GoldStar Program
Best For: First Time Homebuyers, Low Credit Scores, Zero Down
The SETH GoldStar Program provides up to 7% down payment and closing cost help as a forgivable second mortgage.
Min. Credit Score
640
Min. Down Payment
0%
Max. Loan Amount
$472,030
Up to 7.00% of 1st Loan Amount Program Benefit Amount
SETH 5 Star Program
Best For: First Time Homebuyers, Low Credit Scores, Zero Down
The SETH 5 Star Program provides up to 5% down payment and closing cost assistance for your home purchase.
Min. Credit Score
640
Min. Down Payment
0%
Max. Loan Amount
$472,030
Up to 5.00% of 1st Loan Amount Program Benefit Amount
Special Offers from SETH (Southeast Texas Housing Finance Corporation)
SETH "Extra Credit" Texas Mortgage Credit Certificate (MCC)
SETH's "Extra Credit" Texas Mortgage Credit Certificate (MCC) is an interest tax credit that is used to reduce your federal income tax responsibility each year. It is specifically for first time homebuyers and can be paired with either the "5 Star" or "GoldStar" down payment assistance programs. Additionally, the savings from the tax credit certificate can help the borrower qualify for their mortgage.
SETH "Extra Credit" Bonus Grant
For a limited time, SETH is including a $2,500 bonus grant for down payment and closing costs that first time Texas homebuyers using the SETH MCC (Mortgage Credit Certificate) program can claim. Must be a first time homebuyer to qualify, and must get approved through a SETH approved lender.
See If You Qualify for SETH (Southeast Texas Housing Finance Corporation) Loans
* ReviewMyMortgage.com Inc. is in no way affiliated with or endorsed by SETH or any of its subsidiaries. We are an educational resource website that compiles information on different financing institutions and the loan products they offer in the United States.
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