The Georgia Dream Program continues to provide buyers with an excellent opportunity to purchase a home and have little of their funds come out of pocket. Buyers in some cases can contribute as little as $500 to the transaction and take advantage of good interest rates and favorable financing. About the a year ago, the interest rates for the Georgia Dream Programs were a full 1% or so higher than the average 30 year fixed FHA interest rate. In the recent months, the gap has closed significantly. For homebuyers in Georgia making less than $40,000 per year, the Georgia Dream Program can provide $5000 or more in Down Payment Assistance. And the programs look for credit scores above 620. For more information on the programs, visit www.dcaloans.com or give me a call at 404 246 3210.
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