Updated 2-16-2016: Georgia Down Payment Assistance programs and First Time Home Buyer Programs

Compare the top Down Payment Assistance Programs & First Time Home Buyer assistance available in Georgia. We offer this info totally free to you as a service to our local community. Many of these programs are available throughout the entire state of Georgia. If you would like to learn more or get qualified for any of these programs, please feel free to contact us.

Call: 770-596-0713 It's a QUICK and FREE process.

Quick & Easy : Click Here to select up to $10,000 for Georgia down payment assistance

Dream 100 Affordable 100% Mortgage Financing

Click Here for 2016 Income Limits Program subject to change, Realtors & Borrowers please call 678-752-1633 for program guideline confirmation.

Gwinnett County Georgia Homestretch Down Payment Assistance

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WE Dekalb Down Payment Assistance Program

Sponsored by the Dekalb County Development Authority

Approved Homebuyers will receive a 30 year fixed rate mortgage and a Non-repayable down payment grant equal to 3% or 5% of the initial principle balance of the mortgage. The amount of assistance depends on the selected mortgage rate. The grant can be used for down payment and/or the closing costs.

  • Maximum Qualifying Income $81,900 (families of 2 or less) and $95,600 (families of 3 or more)
  • Eligible types of loans are FHA and VA
  • FHA maximum mortgage limit is $342,700
  • VA maximum mortgage limit is $ $417,000
  • 5% of total Loan Amount forgiven at Closing table
  • Minimum FICO score is 660
  • Maximum Debt-to-Income ratio is 44.9%
  • No First Time Buyer requirement
  • Owner Occupied only-No Investment properties
  • Property must be located in Dekalb County
  • New or Existing 1-4 units detached or attached SFR , condo's, townhouses.
  • No pre-payment penalty
  • Refinancing is permitted
  • Standard Agency mortgage loan guidelines apply
  • Co-Signers are NOT permitted
  • Construction to Perm NOT permitted

DeKalb County Home Down Payment Assistance Program

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Hall County Georgia Down Payment Assistance

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Georgia Dream Down Payment Assistance Program

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Federal Home Loan Bank Down Payment Assistance Grant

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Invest Atlanta 4.0

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USDA

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Income Limits for 80% of HUD Area Median Income       

1 person2 person3 person4 person5 person
$38,850$44,400$49,950$55,450$59,900


Income Limits for 120% of HUD Area Median Income      

1 person2 person3 person4 person5 person
$59,800$68,350$76,900$85,450$92,300

Flowery Branch Georgia Down Payment Assistance

Home Development Resources, Inc. offers a down payment assistance program, funded by the Georgia Department of Community Affairs Community Home Investment Program (CHIP), to help first time home buyers to purchase a home. If you purchase a home in the city limits of Flowery Branch, GA., Depending on your income, you can receive between $2,500- $5,000 for down payment and/or closing costs toward your first home. This program is designed to help families in a specific income range. The income limits change each year. Below is an example of the income chart.

1 personfamily of 2family of 3family of 4family of 5family of 6
Income$21,700$24,800$27,900$31,000$33,500$36,000
DPA$5,000$5,000$5,000$5,000$5,000$5,000
Income$34,750$39,700$44,650$49,600$53,600$57,550
DPA$2,500$2,500$2,500$2,500$2,500$2,500


OTHER REQUIREMENTS:

Quick & Easy : Click Here to select up to $7,500 for Georgia down payment assistance