My Georgia Dream Home Loan Buyer Closed on her Home Today!

By
Real Estate Agent with Maximum One Realty 285630

My Georgia Dream Home-Buyer Closed on her Home Today!

Georgia Dream is offering loans at the low rate of 2.875% (as of 11/21)
My client received a loan through the Georgia Dream loan program. The home sold for $138,000. My client was a first time homebuyer who thought  that she could buy a home on her own. She took a chance and now she is the owner of a 5 bedroom brick home in a swim tennis community.  She is happy that she stepped out on faith and took a chance to reach one of her goals. The process was not always easy but in the end she did not spend over $2,000 to purchase her home through the Georgia Dream Program.

The Georgia Dream is a program that allows first time buyers to purchase a home without a down payment. The program gives the homebuyer $5,000-$7,500 in the form of a second mortgage. This money is used to pay the down payment for the homebuyer.  The good news is that the homebuyer does not have to pay the money back unless they sell or refinance the home.  The homebuyer also does not have to pay interest on the loan.  This program allows a homebuyer to buy a home who may not  have the money for a down payment.  I believe that this program would be beneficial to a lot of future homebuyers who want to buy a home but would have a hard time saving $5,000.  This program is not for someone with bad credit. This program is for someone who has decent credit and pays their rent on time each month.

If you or someone you know would like more information about this program please contact me and I can explain the process. There is no greater joy than helping my clients reach their goal of homeownership!

Posted by

Michelle Rosser

Maximum One Atlanta Realty

"Turning Dreams of Home Ownership into Reality"

Homes by Michelle

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Rainer
153,038
EMILIA B COOPER, REALTORĀ® SFR.NCHSE.AHWD
LAROSA REALTY - Orlando, FL
Short Sales, Foreclosure & Bank Owned Real Estate

Michelle, Congratulation great blog, this is good program and very important information to first time home buyer.

Thank you for sharing! Happy Thanksgiving!

Nov 21, 2012 12:55 PM #1
Ambassador
2,974,971
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

You know I'm not even familiar with this program.  I'm going to have to ask my favorite loan officer about it to see if any of my buyers would qualify.

Dec 08, 2012 09:31 PM #2
Rainer
46,752
Michelle Rosser
Maximum One Realty - Union City, GA
Atlanta Real Estate-South Fulton & Fayette

Tammy it is an awesome program. If you visit the website there are a list of loan officers who have been very successful at closing the loans.  Call me if you have any questions.

Dec 09, 2012 04:49 AM #3
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Rainer
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Michelle Rosser

Atlanta Real Estate-South Fulton & Fayette
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