Thanks for visiting my down payment assistance page as you will find out information about down payment assistance programs that are still available for first time home buyers. I have information on 4 programs, FHLB, Gwinnett Neighborhood Stabilization Program, GA Dream and the Gwinnnett Homestretch down payment assistance program. All of these programs are great at helping buyers out that have good enough credit to buy a home, but may lack the funds for the down payment and or closing costs.
Then GA Dream program is good for someone who makes to much money for the FHLB and Gwinnett Homestretch programs, but it is a loan so it does have to be paid back. It is also a much more difficult to actually get closed since the GA Dream underwriters are very strict and need a lot documention.
The Gwinnett Homestretch program will have more limitations and you will have to check with me to find out if they still have funds. You can only use the Gwinnett Homestretch program for homes located in Gwinnett county. The home has to also pass requirements as well.
The Gwinnett Neighborhood Stabilization program has higher income limits, high down payment assistance money, but you have to buy their homes and they are in very limited supply.
The FHLB program is in house program and not government sponsored so this means it is a much easier process and you are not limited to buying only Gwinnett county homes. This would be my first pick for someone who wants the easiest program and does not want their homes limited. See the details below for more information on each program. Give me a call to find out information how to get started. I look forward to speaking with you.
Are you thinking about buying or selling your home? We would love to help! Give us a call or email us today to get started! Mark Mitchell, Realtor404.353.0185mark@markmitchellhomes.com
2018 FHLB $7,500 Down Payment Assistance Program For Teachers, Police Officers, Health Care Workers or Firefighters Are you a school teacher, police officer, health care worker or firefighter and are thinking of purchasing a home in 2018? If being short on money for down payment, closing costs, and or inspection money, but you have the […]
2018 $15,000 GA Dream Hardest Hit Fund – Down Payment Assistance Gwinnett County GA The 2018 $15,000 GA Dream Hardest Hit Fund for Gwinnett County 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 […]
2018 FHLB $5,000 Down Payment Assistance Program For First Time Home Buyers In Georgia Thinking of purchasing a home in 2018 and you have the credit scores, but are short on down payment, closing costs, and or inspection money? FHLB has a first time home buyer product that provides $5,000 in down payment assistance for […]
The tax credits are over for first time homebuyers, but the good news is there is still stimulus money available to savvy buyers. As of July 13 2010, The Gwinnett Homestrech I program still has funds for first time homebuyers in Gwinnett County Georgia. This program funded by the Gwinnett Housing Authority provides $7,500 down payment […]
Is buying a new home something you would do now if you had the 3.5% down payment for an FHA Loan, money for home, radon and or pest inspections? Many foreclosure sellers will set a cap on the percentage of the closing costs they will agree to pay for the buyer. Sometimes buyers have a […]
DCA or Department of Community Affairs has a down payment assistance program called the GA Dream Program that is geared to help people who can qualify for mortgage, but may not have enough fund for the down payment. They offer $5,000 to the general public and offer $7,500 to “Protectors”, Educators and Health Care Workers. […]
The 2013 FHLB $5,000 Down Payment Assistance Program For First Time Home Buyersmay be the solution for buyers whose credit is good, but may be lacking the total funds for down payment and or closing costs. Buying in the 2013 market presents challenges as many times to win a multiple offer situation the buyer will […]
If you are looking for down payment assistance in GA then the Gwinnett NSP may be a good solution. The Gwinnett Neighborhood Stabilization Program provides affordable housing to low to middle income homebuyers. Gwinnett NSP buys foreclosed homes and make necessary repairs and sells them to new homebuyers. These homes are in very good move-in […]
