Century MLS Realty
Tel: 404-810-1800

Clayton Homebuyer Assistance Program

 Down Payment Assistance is Available

Applications are now being accepted for the Clayton Homebuyer Down Payment Assistance Program, for individuals and families purchasing homes in Clayton County. This program is funded by the Home Program and is administered by the Housing Authority of the City of Jonesboro.

HOW CAN THESE PROGRAMS ASSIST YOU?

The Down Payment Assistance Program, known as the Clayton Homebuyer Assistance Program (CHAP) may provide the participant with Down Payment, Closing Costs, and/or Prepaid Items, not to exceed $5,000.00.

WHO IS ELIGIBLE?

First-time homebuyers who meet the income guidelines as established by HUD set forth below, who are credit worthy and who agree to complete pre-purchase counseling.

To qualify for Loan Program, the applicant must purchase in Clayton County.

WHAT IS THE MAXIMUM PURCHASE PRICE? 

The purchase price of the home cannot exceed $180, 000; however, what each applicant may afford will vary based on income, mortgage interest rates and other variables at the time of purchase.

HOW WILL MY CREDIT HISTORY AFFECT MY ELIGIBILITY?

Applicants must be credit worthy.  Judgments, garnishments, bankruptcies, or collections may prevent approval of assistance.

Note:The City of Morrow is not participating in the Down Payment Assistance Program

ATTENTION FIRST-TIME HOMEBUYERS! 

*** PRE-PURCHASE COUNSELING IS REQUIRED PRIOR TO CLOSING FOR ALL RECIPIENTS OF CLAYTON COUNTY DOWN PAYMENT ASSISTANCE***

THE CERTIFICATE OF COMPLETION IS REQUIRED IN ORDER TO APPLY FOR THIS PROGRAM.

                 These classes will prepare you to make an informed choice when you purchase your home.

CLASS HIGHLIGHTS INCLUDE:

Understanding Home Mortgages and Underwriting Criteria

Planning for Homeownership Responsibilities

Evaluating Your Ability to Afford a Home

Presentations by Housing Professionals

Types of Financing Available

Down Payment Assistance

Budgeting and Credit

Avoiding Default

Class times and locations will vary, so call now to enroll in a class that fits your schedule.