Georgia Dream home-ownership Program
Maximum Amount: $5,000
No monthly payments
Funds can be used for down payment, closing costs, prepaids and principal reduction
Borrowers purchasing in Targeted Areas are NOT required to be first time home buyers. See brochure for a list of targeted counties.
georgia dream hardest hit home-ownership program
Maximum Amount: $15,000
Zero interest and deferred payments
Forgiven after 5 years
Up to $15,000 in assistance is available
Maximum Amount: 5% of Loan
This loan provides a non-repayable down payment assistance grant, which equals 3%, 4% or 5% of the mortgage amount depending on the selected mortgage rate.
May offer an additional $2,500 in grant funds to those borrowers who are using the Freddie Mac HFA Advantage loan