Gwinnett Homestretch Program

Real Estate Agent with Century 21 Results Realty

Ken Cook and I are working with Gwinnett Homstretch Down Payment Assistance. As a buyer, you need to have $1000 going into the purchase, but Gwinnett Homestretch may contribute up to $7,500, if you qualify. There are a few things to keep in mind:

  • It is paid as a 0% loan, which will be forgiven after 5 years of using the property as your principal residence. In effect, that makes it a grant... there are no payments due during the 5 years.
  • You will be required to complete an 8-hour counseling class from a HUD approved Housing Counseling Agency.
  • Total household income must not exceed HUD lmits, based on household size. Households range from 1-8 people.
    • 2 people - HUD max is $46,000
    • 4 people - HUD max is $57,450
    • There are different income maximums for other household sizes.
  • Investors are NOT eligible for this program.
  • The home MUST pass an inspection by Gwinnett County PRIOR to closing.
  • Purchase Price may NOT exceed $200,000.

There are other requirements, such as being able to qualify for a mortgage. Contact Ken and I for details.

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We'd love to help you buy a home. There are great deals on the market right now, and interest rates are exceptional.

For more info, click here. There are other Down Payment Assistance programs available around the Metro Atlanta area.

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Lane Bailey
Century 21 Results Realty - Suwanee, GA
Realtor & Car Guy

I am working on fixing the webform to sign up for information.  In the mean time, if interested, just email me.  There is a link right under my picture. 

Feb 03, 2011 01:22 PM #1
Lee & Pamela St. Peter
Berkshire Hathaway HomeServices YSU Realty: (919) 645-2522 - Raleigh, NC
Making Connections to Success in Real Estate

Lane, what a great program that should help 1st time home buyers!  Using video to help get the word out is fabulous.  Thanks!!

Try Google docs form - they work like a charm....

Feb 03, 2011 11:50 PM #2
Nyssa Smith
Keller Williams Advantage Realty - State College, PA
REALTOR, State College Area Real Estate

Yea, I agree with Lee and Pamela.  That's a great program!!!

Feb 04, 2011 12:45 AM #3
Lane Bailey
Century 21 Results Realty - Suwanee, GA
Realtor & Car Guy

Pamela - This is actually one of Ken's forms.  It send both of us the info.  We have it on my site and we also have a landing page with it.  This is the only place it doesn't work... 

And the program is great.

Feb 04, 2011 02:06 PM #4
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