SOUTHEAST TEXAS HFC BOND PROGRAM (SETH MRB)

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.

Approved Lender: New American Funding – (512) 524-8077

Website

 

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)
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  • Meet the mortgage requirements for a participating lender
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  • Fall in the low to moderate-income range (Maximum income varies by location) – Household income limit is set at $88,205
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  • Use the financing provided to purchase a home
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  • Attend homebuyer counseling or education program
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  • Occupy the home as a primary residence

 

Benefits

 
Benefits of the Southeast Texas HFC Bond Program include:
 

  • A 3.6% interest rate
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  • Optional down payment assistance up to 3% of the total mortgage amount
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  • 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 Team@CandyBuzan.com.

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