Georgia Dream Home Buyer Program 🚀

To qualify for Georgia Dream, applicants must generally meet the following criteria:

All borrowers are required to complete a DCA-approved homebuyer education course, which can be done online via eHome America .

Borrowers must contribute at least of their own funds. georgia dream home buyer program

The is a state-funded initiative designed to help low-to-moderate-income families purchase homes by providing affordable 30-year fixed-rate mortgages and significant down payment assistance. Managed by the Georgia Department of Community Affairs (DCA) , the program can provide up to $12,500 in assistance, which is typically structured as a 0% interest deferred second mortgage that only requires repayment when you sell, refinance, or move. Down Payment Assistance Tiers

You must work through a Participating Lender to pre-qualify. To qualify for Georgia Dream, applicants must generally

These vary by county but generally follow these tiers:

Max home price of $400,000 ; max income of ~$98k (1-2 persons) or ~$113k (3+ persons). How to Apply Managed by the Georgia Department of Community Affairs

Provides $12,500 (or 6% of the purchase price) for households that include an individual living with a disability. Eligibility Requirements