If you live in the state of Georgia and a member of the household has a disability, you may qualify for up to $10,000 in downpayment assistance.
Eligibility
Protectors, Educators & Nurses (PEN) — or work for these industries or active military.
First-Time Home Buyers, OR
Homebuyers who have not owned a home in the past three years, OR
Those who purchase a home in certain areas
Household income cannot exceed:
1 or 2 persons: $84,000
3 or more persons: $96,000
Get downpayment assistance programs sent to you now!
Click on the link below to get a list of downpayment resources
Benefits
No Interest
No monthly payments
Funds can be used for the downpayment, closing costs, prepaid and principal reduction.
Maximum Amount
$10,000
Drawback
This is a loan. Therefore, it will have to be paid back when the property is sold or if the house is transferred to a new owner.
Leave a Reply