Southeast Texas HFC Bond Program (SETH MRB)

Down Payment Assistance


SETH Single Family Bond Program

Location Served: Austin, Brazoria, Chambers, Liberty, Matagorda, Waller, Walker & Wharton, Cities of Baytown, Deer Park, Dickinson, La Marque, La Porte, League City, Pasadena, Santa Fe, Shoreacres, Texas City and Tomball

Provider: Southeast Texas Finance Corp.

To inquire if New American Funding is currently an approved lender for this DPA program, please call (512) 524-8077. This webpage is for information purposes only.



The Southeast Texas HFC Bond Program offers first-time homebuyers fixed-rate mortgage financing and down payment assistance.

Eligibility Requirements

In order to qualify for the SETH Single Family Bond Program, borrowers must:

  • Be first-time homebuyers (except in certain census tracts in Pasadena, Walker County, or Wharton County)

  • Meet the mortgage requirements for a participating lender

  • Fall in the low to moderate-income range (Maximum income varies by location) – Household income limit is set at $88,205

  • Use the financing provided to purchase a home

  • Attend homebuyer counseling or education program

  • Occupy the home as a primary residence



Benefits of the Southeast Texas HFC Bond Program include:

  • A 3.6% interest rate

  • Optional down payment assistance up to 3% of the total mortgage amount

  • Fixed-rate, 30-year mortgage loan

If you have any additional questions regarding home mortgages, please contact a mortgage expert by filling out the form on the right or calling (512) 524-8077. You can also email

This website marketing is not intended to offer loan services for properties in New York.