Georgia Dream Down Payment Assistance Program Overview/Updates

Mortgage and Lending with On Q Financial NMLS #151088

Georgia Dream First Mortgage Loan Financing

  • 30 Year Fixed Rate Mortgage
  • Conventional, FHA, USDA-RD, or VA programs available
  • Up to 100% financing (Additional household income restrictions apply)

Georgia Dream Second Mortgage Loan Financing

Down payment funds are provided as a Second Mortgage Loan for the purpose of principal reduction and the payment of pre-paid items and closing costs and is made in conjunction with a Georgia Dream First Mortgage Loan.

  • No Monthly Payments
  • No Interest
  • Loan must be repaid when home is sold or refinanced or no longer used as the borrowers personal residence as this loan is never forgiven.
  • Minimum of borrower contribution to the purchase transaction varies with 2nd mortgage program
  • Borrower must complete a Home Buyer Education course provided by a DCA or by a HUD approved education counselor. Call (404) 591-2453 for a list of providers.
  • The income restrictions for the Second Mortgage program do vary from that of the First Mortgage program, so call (404) 591-2453 for more program details.

Program Basics

Georgia Dream Homeownership Program

Georgia Dream Rewards - Down Payment Assistance Program

GA Dream Recovery - Down Payment Assistance Program - Temporary Revisions

FHA Financing Mortgage Program Overview/Updates


Interest Rate Changes

DCA Announces Lower Interest Rate on GA Dream Down Payment Assistance Program

DCA Announces Lower Interest Rate on GA Dream Recovery Down Payment Assistance Program


Guideline Changes

Georgia Dream Changes

Please check back for program updates as they become available.


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It is always advisable to consult with a knowledgeable lending professional when navigating today's turbulent mortgage and real estate marketplace.  I am committed, qualified and equipped to help you evaluate your options!




Also check out:


Conventional Financing Mortgage Program Overview/Updates


FHA Financing Mortgage Program Overview/Updates


Georgia Dream Down Payment Assistance Program Overview/Updates


USDA Financing Mortgage Program Updates  


Programs Include:


  • Conventional (Fannie Mae & Freddie Mac)

  • HomePath - #1 Volume Retail Lender

  • HomePath Renovation

  • FHA

  • FHA 203K Renovation Loans (Streamline or Consultant)

  • Georgia Dream Down Payment Assistance

  • Jumbo

  • USDA

  • VA

  • Conventional Condo Project Approvals

  • FHA DELRAP / HRAP Condo Project Approvals


    Rodney Mason is a Sr Loan Officer located in Atlanta, GA.  He is also 203K Renovation Loan and HomePath REO Property Specialist.  He can be reached at (404) 591-2453.

    Providing financing for all cities across Georgia including: Acworth, Albany, Alpharetta, Athens, Atlanta, Augusta, Austell, Avondale Estates, Blairsville, Bloomingdale, Blue Ridge, Bogart, Brunswick, Buckhead, Buford, Canton, Carrollton, Cartersville, Chatsworth, Clayton, College Park, Columbus, Commerce, Conyers, Covington, Cumming, Dahlonega,  Dacula, Dalton, Dawsonville, Decatur, Doraville, Douglasville, Duluth, Dunwoody, East Point, Fayetteville, Flowery Branch, Gainesville, Greensboro, Hampton,  Hapeville, Hinesville, Hiram, Jackson, Jefferson, Jonesboro, Kennesaw, Lagrange, Lawrenceville, Lilburn, Lithia Springs, Macon, Madison, Metter, Morganton, Morrow, Newnan, Norcross, Oakwood, Peachtree City, Pooler, Richmond Hill, Riverdale, Rome, Roswell, Sandy Springs, Savannah, Scottdale, Statesboro, Stockbridge, Stone Mountain, St Marys, Sugar Hill, Suwanee, Thomasville, Thunderbolt, Tucker, Tybee Island, Valdosta, Waleska, Warner Robins, Waycross, Wilmington Island, Winder, Woodstock, and many more.

    Providing financing for all cities across Alabama including: Alabama Port, Anniston, Athens, Auburn, Bessemer, Birmingham, Boaz, Bridgeport, Cedar Bluff, Chickasaw, Clayton, Coden, Dauphin Island, Decatur, Dothan, Eufaula, Fairfield, Fairhope, Florence, Foley, Forestdale, Fort Morgan, Fort Payne,Gasden, Grand Bay, Gulf Shores, Heron Bay, Homewood, Hoover, Jasper, Josephine, Madison, Meadowbrook, Midfield, Mobile, Mon Louis, New Hope, Orange Beach, Oxford, Oyster Bay, Phenix City, Prichard, Rainbow City, Saraland, Satsuma,
    Scottsboro, Selma, Troy, Theodore, Tillmans Corner, Trussville, Tuscaloosa, Vestavia Hills, Warrior and many more.


    Providing financing for all cities across Tennessee including: Athens, Brentwood, Bristol, Chattanooga, Clarksville, Cleveland, Cookeville, Dyersburg, Franklin, Gatlinburg, Greeneville, Johnson City, Kingsport, Knoxville, Maryville, Memphis, Morristown, Murfreesboro, Nashville, Newport, Oak Ridge, Pigeon Forge, Sevierville, and many more





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Jackie -
770.498.7333 - Atlanta, GA
Learn to leverage technology to get more done.

Rodney - great educational piece on what can be a confusing loan program to consumers.

Sep 27, 2010 08:14 PM #1
Tonya Jones
Solid Source Realty, Inc. - Lithonia, GA

Hi Rodney, I might have a referral for you.  I will pass your information on to my client.  She works in a daycare center, so she would be eligible to get the Georgia Dream under the PEN.

Aug 21, 2012 01:31 PM #2
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Rodney Mason

FHA 203(k) & HomeStyle Renovation-AL,FL,GA,TN
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