StephaniesellsHotlanta

Georgia Dream Down Payment Peach Plus loans* are available to homebuyers who:

Have a household income up to the maximum
Have liquid assets of no more than $20,000 or 20% of the sales price (whichever is greater)
Meet FHA mortgage loan credit requirements
*Loans are 30-year fixed low interest rate mortgages. Participating lenders give credit approval for FHA mortgage loans.

Home Sales Price and Maximum Household Income
Area/County
Home Sales Price
Household Income
Atlanta - Sandy Springs - Roswell, GA HUD Metro
Barrow County, Bartow County, Carroll County, Cherokee County, Clayton County, Cobb County, Coweta County, Dawson County, DeKalb County, Douglas County, Fayette County, Forsyth County, Fulton County, Gwinnett County, Heard County, Henry County, Jasper County, Newton County, Paulding County, Pickens County, Pike County, Rockdale County, Spalding County, Walton County
$500,000
1-2 persons: $161,694
3+ persons: $185,949
Athens, GA MSA
Clarke County, Madison County, Oconee County, Oglethorpe County, Morgan County
$500,000
1-2 persons: $143,258
3+ persons: $164,747
All Other Georgia Counties
$450,000
1-2 persons: $135,900
3+ persons: $156,285

The perspective of renting versus buying a home. It's a mindset, some consumers think it is impossible to purchase a home. Summer is approaching and the home market will be escalating. This “trifecta of good news is more home inventory, stable home prices, and a leap in home price reductions could help prompt the scale to a more positive place”. This is the perfect time to email so your property can be placed on the market for sale NOW! email [email protected] to receive a free comparable analysis of your home.

Our market still produces down payment assistance to help first-time home buyers. FHA loans require 3.5% down of the purchase price and the buyer has closing cost also, FHA has a FHA203K product which allows you to bring the property to FHA standards. With a higher credit score, some consumers may use a Conventional Loan. Conventional Loans have several down payment options, maybe 3%, 5%,10% and 20%. We have USDA loans is 100% product that still requires you to have your closing cost and VA loan are a 100% product also for veterans who qualify. There are loan officers that will gladly help you with these programs. There are programs for seniors as well to purchase a home. First, get with a Real Estate Professional such as me. I would love the opportunity to work with you sell or find a home! Whether it’s a starter home, 2nd home, or you have decided to downsize.