ODPAP - This down payment assistance program provides you with downpayment assistance of 10% of the sales price at 0% intrest rate as a soft seond mortgage.
There is no first ime homebuyer requirement for borrowers moving into the incorporated city limts of Atlanta, but your current residence must be sold before closing on your new home.
Limit Amounts: $71, 200 for 1 -2 person household and $81,880 for a 3 person househol.
- The property must be located in the city limits of Atlanta.
- Maximum purchase price cannot exceed $252,890
- Single family detached homes, townhomes, and condominiums
- Property must be owner occupied
Stay tunes for part II coming soon.
Comments(0)