SETH Grant Program
We know for sure that Amarillo National Bank and other local lenders are participating in this program.
SETH has a mortgage loan program that provides assistance for homebuyers in the form of a gift. The assistance provided by Option 1 is a 5% Grant (based on the loan amount.) Option 2A offers a 4% Grant and with Option 2B the assistance will be a 3% Grant. There is no repayment or recapture period for the assistance received. There is no second lien on the property. This program DOES NOT have a First Time Homebuyer requirement. Buyers must be income eligible and purchasing a home in one of our program areas. All buyers will need to complete the on-line SETH Homebuyer Education Class.
Here is the website if you would like more information. www.sethfc.com or call Amarillo National Bank at 806-356-1418