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Would you Turn Down Nearly $30K? Dekalb County Homebuyer Assistance Program

by Floyd Brooks Last Modified: February 6, 2023

The WE DeKalb is a down payment assistance program for homeowners who wish to live in Dekalb County and use the property as their primary residence.

Even though this program is not limited to first-time homebuyers, it is a great opportunity to take full advantage of if you are looking to live in Dekalb County.

Get downpayment assistance programs sent to you now!

Click on the link below to get a list of downpayment resources

Learn More

What Does the WE Downpayment Assistant Program Offer?

The WE Dekbalb Downpayment Assistance program is a very generous county-wide grant to people who are looking to own a home in Dekalb County. Grantees can get as much as 5% of the purchase price of the house they are going to buy. Of course, there is a property value cut-off point, but this is definitely a generous program.

Eligibility

Must be owner-occupied

Property must be in DeKalb County

Minimum Credit Scores: 640

Debt to income ratio: 45%

Property types: 1-4 attached or detached units, condos, townhomes

Household Income Limit: FHA loan: $120,600, VA loan:$120,600, Freddie Mac HFA® Advantage: $65,760.

Home price Limit: FHA: $412,850, VA loan: $548,250, Freddie Mac HFA®, Advantage loan:$548,250.

Benefits

Grant of 3-5% of mortgage

Non-repayable

No pre-payment penalty

Maximum Amount

$3-5% of the mortgage

Drawback

none

Need more Information?

Need more information on the WE Dekalb homebuyer assistance program? Click here. and I will give you more information about the program.

Learn More

Get up to 5% back!

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