Down Payment Assistance with NO First Time Home Buyer
requirements and higher income limits!
As a result of the 2009 floods: Home Buyersin the 21 counties qualify for
$5,000 or $7,500 Down Payment Assistance with the
FHA Recovery Program
NO FIRST TIME HOME BUYER REQUIREMENT!
HOUSEHOLD INCOME LIMITS
Counties: Carroll, Cherokee, Cobb, Dawson, Dekalb, Douglas, Fulton, Gwinnett, Heard, Newton, Paulding and Rockdale - 1 OR 2 PERSONS UP TO $86,000; 3 OR MORE PERSONS UP TO $100,000 with PURCHASE PRICE UP TO $300,000
Counties: Catoosa, Chattooga, Crawford, Dooly, Houston, Peach, Stephens, Taylor and Walker - $250,000 1 OR 2 PERSONS UP TO $73,000; 3 OR MORE PERSONS UP TO $85,000 with PURCHASE PRICE UP TO $250,000
***********************************************
♦ Borrower must contribute $1,000.00 to the purchase transaction
♦ Borrower must have a minimum credit score of 660 and a maximum debt to income of 40/45
♦ Liquid assets at closing may be no more than the greater of $20,000 or 20% of the purchase price
♦Loan amount: $5,000 if purchase price is $150,000 or less; $7,500 if purchase price is more than $150,000
♦ Must be used in conjunction with a FHA first mortgage loan
♦ Home Buyer Education is required
To get started with the Qualification and Home Finding process contact us at 404-810-1800
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As a result of the 2009 floods: Home Buyersin the 21 countiesqualify for
$5,000 or $7,500 Down PaymentAssistancewith the
FHA Recovery Program
NO FIRST TIME HOME BUYER REQUIREMENT!
HOUSEHOLD INCOME LIMITS
Counties: Carroll, Cherokee, Cobb, Dawson, Dekalb, Douglas, Fulton, Gwinnett, Heard, Newton, Paulding and Rockdale - 1 OR 2 PERSONS UP TO $86,000; 3 OR MORE PERSONS UP TO $100,000 with PURCHASE PRICE UP TO $300,000
Counties: Catoosa, Chattooga, Crawford, Dooly, Houston, Peach, Stephens, Taylor and Walker - $250,000 1 OR 2 PERSONS UP TO $73,000; 3 OR MORE PERSONS UP TO $85,000 with PURCHASE PRICE UP TO $250,000
***********************************************
♦ Borrower must contribute $1,000.00 to the purchase transaction
♦ Borrower must have a minimum credit score of 660 and a maximum debt to income of 40/45
♦ Liquid assets at closing may be no more than the greater of $20,000 or 20% of the purchase price
♦Loan amount: $5,000 if purchase price is $150,000 or less; $7,500 if purchase price is more than $150,000
♦ Must be used in conjunction with a FHA first mortgage loan
♦ Home Buyer Education is required
To get started with the Qualification and Home Finding process contact us at 404-810-1800
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