Credit and income-eligible borrowers who meet the description of a GA First Time Home Buyer (persons who have not owned a home over the past three years) and who also live in a household also occupied by a person with special needs may be eligible for up to $10,000 in Georgia Down Payment Assistance. This interest and monthly payment-free second mortgage may be applied toward the borrower’s down payment, closing costs and principle reduction, reducing the total acquisition expenses associated with the purchase of a new or existing inhabitable foreclosure or other distressed single-family, townhome or condominium anywhere in Metro Atlanta.
Determining eligibility is easy. The credit and income-eligible Georgia First Time Home Buyer must attend a home buying class, must be or share occupancy with a disabled person and must be able to provide some form of disability verification:
- A social security determination letter
- A certified denial from SSI stating that an impairment or disability exists, but applicant is not currently eligible for funds
- Evidence of dependent status where applicable
- A document from an acceptable medical source indicating that existence of an impairment listed with the SSI website at Social Security Online
Those who are not working with an agent and want more information should visit AtlantaDownPaymentAssistnce.com or call today at (678) 775-2677.
Solomon Greene
REALTOR® / HUD-certified Affordable Housing Counselor - Keller Williams Realty Atlanta Partners
AtlantaDownPaymentAssistance.com
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