1.     The Dream Program is a 30-year fixed-rate first mortgage for first-time homebuyers only. To become an eligible borrower, you will have to meet income limits; these vary according to how many persons live in the home. Thus you can have a household income of $69,000 if there are less than two persons or over $79,500 for three or more residents.

The Dream Program requires that you meet purchase price limits which cannot exceed $250,000. You have to be a US legal resident, have over 18 and buy your home in the State of Georgia. The home has to be your primary residence. The first-time homebuyer requirement is waived if you buy in a targeted area.

The Dream Program requires that you put at least $1,000 from your own funds and you own liquid assets at closing not greater than $20,000 or 20% of the sales price. You will have no interest, no payments and you don’t have to pay back your loan until the house is sold or is no longer your primary residence.

The Dream Program requires you complete a pre-closing homebuyer education and earn a certification and the necessary knowledge as a homebuyer. The course is available both for in-person and online classes. You are also advised to contact a specialized lender who will guide you through the application and buying process.

 

2.     Dream Down Payment Assistance is a mortgage loan offered up to $5,000 to borrowers who qualify for down-payment assistance. To become an eligible borrower, you will have to meet income limits; these vary according to how many persons live in the home. Thus you can have a household income of $71,000 if there are less than two persons or over $82,000 for three or more residents.

Dream Down Payment Assistance requires that you meet purchase price limits which cannot exceed $250,000. You have to be a US legal resident, have over 18 and buy your home in the State of Georgia. The home has to be your primary residence. The first-time homebuyer requirement is waived if you buy in a targeted area.

Dream Down Payment Assistance requires that you put at least $1,000 from your own funds and own liquid assets at closing not greater than $20,000 or 20% of the sales price. You will have no interest, no payments and you don’t have to pay back your loan until the house is sold or is no longer your primary residence.

Dream Down Payment Assistance requires you complete a pre-closing homebuyer education and earn a certification and the necessary knowledge as a homebuyer. The course is available both for in-person and online classes. You are also advised to contact a specialized lender who will guide you through the application and buying process.

 

3.     The Protectors, Educators and Nurses (PEN) Program is a mortgage loan offered up to $7,500 to borrowers who qualify for down-payment assistance (military, police, fire, education, or health care workers). To become an eligible borrower, you will have to meet income limits; these vary according to how many persons live in the home. Thus you can have a household income of $71,000 if there are less than two persons or over $82,000 for three or more residents.

The Protectors, Educators and Nurses Program requires that you meet purchase price limits which cannot exceed $250,000. You have to be a US legal resident, have over 18 and buy your home in the State of Georgia. The home has to be your primary residence. The first-time homebuyer requirement is waived if you buy in a targeted area.

The Protectors, Educators and Nurses Program requires that you put at least $1,000 from your own funds and own liquid assets at closing not greater than $20,000 or 20% of the sales price. You will have no interest, no payments and you don’t have to pay back your loan until the house is sold or is no longer your primary residence.

The Protectors, Educators and Nurses Program requires you complete a pre-closing homebuyer education and earn a certification and the necessary knowledge as a homebuyer. The course is available both for in-person and online classes. You are also advised to contact a specialized lender who will guide you through the application and buying process.

 

4.     Consumer Home Ownership and Independence Choice for Everyone (CHOICE) Program is a mortgage loan designed for first-time homebuyers with disabilities, or a person taking care of a disabled family member. You are allowed to receive up to $7,500 for down-payment assistance and are required to provide the necessary documentation to prove the disability.

CHOICE Program requires that you meet purchase price limits which cannot exceed $250,000. You have to be a US legal resident, have over 18 and buy your home in the State of Georgia. The home has to be your primary residence. The first-time homebuyer requirement is waived if you buy in a targeted area.

CHOICE Program requires that you put at least $1,000 from your own funds and own liquid assets at closing not greater than $20,000 or 20% of the sales price. You will have no interest, no payments and you don’t have to pay back your loan until the house is sold or is no longer your primary residence.

CHOICE Program requires you complete a pre-closing homebuyer education and earn a certification and the necessary knowledge as a homebuyer. The course is available both for in-person and online classes. You are also advised to contact a specialized lender who will guide you through the application and buying process.