The 2018 $15,000 GA Dream Hardest Hit Fund for Gwinnett County GA can provide the solution for first time home buyers who have the credit scores, but are a little short on funds to purchase a home. This Georgia Dream Hardest Hit Fund is available for 9 other counties as well.
The limited funds are an allocation of federal money received by Georgia and are on a first come first serve basis so don’t delay. The down payment assistance lien is forgiven and released 5 years after the closing date...so you must stay in the home for 5 years for it to be forgiven.
Eligible counties are Gwinnett, Fulton, Dekalb, Paulding, Clayton, Henry, Douglas, Chatham, Muscogee and Bibb
Maximum income for bolded counties 1-2 persons up to $74,000 and for 3 or more persons $84,500 in Atlanta MSA - 1-2 persons $60,500 and $69,500 for 3 or more in Chatham, Muscogee and Bibb counties
Must be an existing home, new construction is not eligible
Amount is $15,000 per household and is forgiven after 5 years
Purchase price for bolded counties is $250,000 and $200,000 for Chatham, Muscogee and Bibb counties
Must be a Georgia Dream First lien (FHA, VA, USDA or Conventional) for the Georgia Dream published rate
Minimum credit score of 640 required
The Georgia Dream Hardest Hit Fund is funded by federal money so it is limited and is on a first come first basis.
Mark services the following Northeast Atlanta cities: Alpharetta, Roswell, Milton, Johns Creek, Woodstock, Dunwoody, Suwanee, Buford, Duluth, Dacula, Grayson, Sugar Hill, Snellville, Lilburn and Lawrenceville Georgia.
About the Author: The above Real Estate information on *2018 $15,000 GA Dream Hardest Hit Fund - Down Payment Assistance Gwinnett County GA* was provided by Mark Mitchell. Mark can be reached via e-correspondence at email@example.com or by phone at 404-353-0185. Also, visit www.MarkMitchellHomes.com
Copyright © By Mark Mitchell 2018 *2018 $15,000 GA Dream Hardest Hit Fund - Down Payment Assistance Gwinnett County GA*