SETH Program Highlights

AVAILABLE PROGRAMS	5 Star Texas Advantage Program
QUESTIONS	Questions
ELLIGIBLE AREA	Entire state of Texas but not within the City Limits of: El Paso, Grand Prairie, McKinney or in Travis County.
ELIGIBLE BORROWER(S)	No first-time buyer requirement
RATES	See Chart
DPA AVAILABLE	0% Interest, 3-year forgivable Second Mortgage. Assistance amount is a percentage of the total loan amount (see chart).
LOAN TYPE	See Chart
INCOME LIMITS FHA,VA/CONV LOAN PRODUCTS	Income Limits: FHA, VA/Conv Loan Products
INCOME LIMITS: USDA-RD LOAN PRODUCTS	Income Limits: USDA-RD Loan Products
LOAN LIMITS	The SETH 5 Star Program does not have a maximum or minimum loan amount or purchase price. Lenders must comply with all applicable Agency or GSE loan limits.
TIMELINE REQUIREMENTS	70 days from Reservation to Loan Purchase. Underwriter Certification by the 25th day.
HOMEBUYER EDUCATION	Homebuyer Education
CO-SIGNORS	Co-Signer is permitted by the program subject to the Lender following all applicable loan agency and US Bank guidelines.
PROGRAM GUIDELINES	Government Guidelines
PROGRAM GUIDELINES	Conventional Guidelines
PARTICIPATING LENDERS	Participating Lenders

AVAILABLE PROGRAMS	5 Star Texas Advantage Program
QUESTIONS	Questions
ELLIGIBLE AREA	Entire state of Texas but not within the City Limits of: El Paso, Grand Prairie, McKinney or in Travis County.
ELIGIBLE BORROWER(S)	No first-time buyer requirement
RATES	See Chart
DPA AVAILABLE	0% Interest, 3-year forgivable Second Mortgage. Assistance amount is a percentage of the total loan amount (see chart).
LOAN TYPE	See Chart
INCOME LIMITS FHA,VA/CONV LOAN PRODUCTS	Income Limits: FHA, VA/Conv Loan Products
INCOME LIMITS: USDA-RD LOAN PRODUCTS	Income Limits: USDA-RD Loan Products
LOAN LIMITS	The SETH 5 Star Program does not have a maximum or minimum loan amount or purchase price. Lenders must comply with all applicable Agency or GSE loan limits.
TIMELINE REQUIREMENTS	70 days from Reservation to Loan Purchase. Underwriter Certification by the 25th day.
HOMEBUYER EDUCATION	Homebuyer Education
CO-SIGNORS	Co-Signer is permitted by the program subject to the Lender following all applicable loan agency and US Bank guidelines.
PROGRAM GUIDELINES	Government Guidelines
PROGRAM GUIDELINES	Conventional Guidelines
PARTICIPATING LENDERS	Participating Lenders

Today’s Rates & Offerings [ Business Days 9:00am – 8:00pm CT ]

Government - Above 80% AMI / Standard Income Limits Apply
Offering	FICO	DPA	Lock Rate
FHA, USDA, VA	640	0%	6.625%
FHA, USDA, VA		2%	7.250%
FHA, USDA, VA		3%	7.625%
FHA		4%	8.125%
Fannie Mae Preferred and Freddie Mac HFA Advantage 80% AMI / Charter Income Limits Apply
Offering	FICO	DPA	Lock Rate
Fannie Mae or Freddie Mac <= 80% AMI	640	0%	6.875%
Fannie Mae or Freddie Mac <= 80% AMI		2%	7.375%
Fannie Mae or Freddie Mac <= 80% AMI		3%	7.875%
Fannie Mae HFA Preferred and Freddie Mac HFA Advantage OVER 80% / Standard Income Limits Apply
Offering	FICO	DPA	Lock Rate
Fannie Mae or Freddie Mac over 80% AMI	640	0%	7.000%
Fannie Mae or Freddie Mac over 80% AMI		2%	7.750%
Fannie Mae or Freddie Mac over 80% AMI		3%	n/a