The Georgia Department of Community Affairs just announced a new down payment assistance program that offers $5,000.00 for down payment and closing costs.  The "Plus" option 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. 

Income limits and purchase price limitations are listed below: 

Atlanta MSA 

1 or 2 persons $71,000
3 or more persons $82,000

Purchase price up to $250,000

Counties Outside Atlanta MSA

1 or 2 persons $61,000
3 or more persons $70,000

Purchase price up to $200,000

Additional Minimum Requirements

The borrower must contribute a minimum of $1,000 towards the purchase transaction.
The borrower(s) cannot have owned a home in the last 36 months. 
There's a minimum credit score requirement.

Funds are limited, so act today!  Give me a call at (404) 518-3820, and I will connect you with an approved GA Dream lender. 

Scott Eaves, Associate Broker
Let's talk Real Estate!
www.scottsellsatlanta.com
(404) 518-3820 - DIRECT
(404) 920-3439 - FAX

Chapman Hall Realtors (404) 236-0043