The Georgia Dream downpayment assistance, zero interest, the loan is a way for the state to help first-time homebuyers who meet certain income criteria.
This is a zero-interest loan and the money will have to be paid back if the property is sold or transfered.
Eligibility
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
Benefits
No Interest
No monthly payments
Funds can be used for downpayment, closing costs, prepaid and principal reduction
Maximum Amount
$7,500
Drawback
The money will have to be paid back when the house is sold or transferred.
See a list of programs you may qualify for based on where you plan to purchase.
Get downpayment assistance programs sent to you now!
Click on the link below to get a list of downpayment resources
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