Featured Services - 1st Time Home Buyers

 Are you a 1st time home buyer looking to take advantage of all the great incentives programs out there? Call me today to find out more about the Federal and State tax credit refunds, the $100 down HUD program,  and many more.

DCA Announces  

" Georgia Dream Plus"

New Down Payment Assistance Program 

 

The Georgia Department of Community Affairs announced a new down payment assistance option to its Georgia Dream Home-ownership Program. The Georgia Dream "Plus" option offers down payment and closing cost assistance for first time home buyers with incomes up to 100% of their Area Median Incomes (AMI).  Georgia Dream's down payment assistance options are normally restricted to borrowers whose incomes are at or below 80% AMI. This assistance comes in the form of a second mortgage loan, with a zero percent interest rate and requires no repayment until the home is sold, refinanced, or no longer used as the principal residence of the borrower.

 

The GA Dream "PLUS" Loan amount is $5,000 and it must be combined with a GA Dream First Mortgage. The borrower must contribute a minimum of $1,000 towards the purchase transaction. The $1,000 must be the borrower's own funds and cannot be a gift or grant. Cash paid to the applicant at closing must be no greater than the amount of borrower's funds used less the required $1000 contribution. There is a 660+ minimum credit score requirement for all borrowers.  The borrower(s) cannot have owned a home in the last 36 months.

 

 

There is limited funding for Georgia Dream "Plus." Call me today @ 404.931.6888  to be put in touch with a participating lender.

Need more help, give me call or feel free to download as many of my FREE REPORTS as you'd like.

Would like a 10% off Lowe's coupon? No obligation, just call and ask!