Lenders have advised that the final mortgage packages from borrowers seeking to use the Fulton County Down Payment Assistance Program (Fulton County Home Ownership Program) to buy a property outside the cities of Atlanta, Sandy Springs or Johns Creek in Fulton County must have arrived by Friday, November 12. Credit and income eligible borrowers who missed the Fulton County Down Payment Assistance Program, however, may be interested in knowing about other Georgia Down Payment Assistance Programs that may apply to all Fulton County Cities.
Buyers with at least a 620 credit score in households at or below 50% of the Atlanta area median income
- Up to $25,000 in Fulton County down payment assistance for the purchase of certain county-owned and restored properties outside the City of Atlanta that is forgiven in ten years
- Up to $10,000 in Georgia down payment assistance to purchase a property priced up to $250,000 anywhere in Fulton County except the City of Atlanta
Buyers with at least a 620 credit score in households at or below 80% of the Atlanta area median income
- Up to $15,000 in Fulton County down payment assistance for the purchase of certain county-owned and restored properties outside the City of Atlanta that is forgiven in ten years
- Up to $10,000 in Georgia Down Payment Assistance to buy an inhabitable property anywhere in Fulton County except the City of Atlanta priced up to $250,000
Buyers with at least a 660 credit score in households at or below 100% of the Atlanta area median income
- Up to $10,000 in Fulton County down payment assistance for the purchase of certain county-owned and restored properties outside the City of Atlanta that is forgiven in ten years
- Up to $7,500 in Georgia Down Payment Assistance to buy an inhabitable property anywhere in Fulton County except the City of Atlanta priced up to $300,000
Buyers with at least a 620 credit score in households at or below 120% of the Atlanta area median income
- Up to $10,000 in Fulton County down payment assistance for the purchase of certain county-owned and restored properties outside the City of Atlanta that is forgiven in ten years
Please visit Georgia Down Payment Assistance Program page at AtlantaDownPaymentAssistance.com for detailed information on these Fulton County Down Payment Assistance Programs including income limits by household size. The City of Atlanta Down Payment Assistance Programs may be found by household size may be found at AtlantaDownPaymentAssistance.com . Finally, please be mindful that HUD-owned homes may be purchased for $100 down and HUD pays up to 3% toward closing costs without regard to household income limits. Read more at http://tinyurl.com/25usuoc .
See if you’re ready to buy by reading steps 1-5 of buying a home at http://tinyurl.com/2v7b8yp . If you are not working with an agent, please call today for information on Georgia down payment assistance available to households with incomes above 100% but less than 120% of the Atlanta area median income or other questions.
Solomon Greene
REALTOR® / HUD-certified Affordable Housing Counselor - Keller Williams Realty Atlanta Partners
(678) 775-2677
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