The home buying process can be daunting when it is your first time. Fortunately, each state has its own rules, regulations, and programs that are designed to help you get into a home. If you are thinking about or in the process of becoming a first-time home buyer in the Peach State, you may qualify for some of the following Georgia homebuyer assistance programs.
Homebuyer Assistance Programs in Georgia
Here are a few premier programs that first-time homebuyers can take advantage of in Georgia.
- Georgia Dream Homeownership Program
Designed for borrowers who do not meet the criteria for other loan programs, this program includes many benefits that can help first-time homebuyers get into their dream home with a little more ease, such as:
- 30-year fixed rate mortgage
- Down payment assistance of up to $10,000 with no interest
- $12,500 in down payment assistance for active military borrowers, those with a disabled family member, or those employed in certain qualifying public service professions.
- Invest Atlanta
One of the main issues holding back individuals from buying their first home is the downpayment. Fortunately, Georgia’s capital provides potential area residents help with this roadblock by offering a variety of down payment assistance programs such as:
- HOME Atlanta 4.0
- Vine City Renaissance Initiative
- Atlanta Affordable Homeownership Program
- Intown Mortgage Assistance Program
If you are interested in purchasing a home in the Atlanta area, take advantage of these great programs. However, other Georgia cities, such as Savannah and Macon, offer similar home buying assistance programs.
How to Qualify
Speaking with a Georgia mortgage professional can help first-time homebuyers navigate the homebuyer assistance program application process and provide peace of mind. The experts at Butler Mortgage can help you get enrolled in one of the above programs and secure you a desirable rate that fits your budgetary needs.
Effective Mortgage Loan Services
For over 25 years, Butler Mortgage has worked with both first-time and seasoned buyers wanting to own a home in Georgia and Florida. Let us help you find the right loan solution for you by calling 407-931-3800 or by filling out our free consultation form online.