Georgia Dream

Georgia Dream is a 30-year fixed interest rate mortgage featuring:

• Affordable financing options
• Down payment assistance with a minimum $1,000 borrower contribution
• Homebuyer education
• 640 minimum credit score
• Maximum amount of liquid assets is $20,000 OR 20% of sale price (whichever is greater)
• Georgia Dream is offered in conjunction with: FHA, VA (for eligible veterans), USDA/RD, and Conventional
• Max loan amount is $425,000 | In counties listed below
  Barrow, Bartow, Carroll, Cherokee, Clayton, Cobb, Coweta, Dawson, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Heard, Henry, Jasper, Newton, Paulding, Pickens, Pike, Rockdale, Spalding or Walton
• Max loan amount is $375,000 | In counties listed below
  Clarke, Madison, Oconee, Oglethorpe, or Morgan
• Max loan amount is $360,000 | In all other Georgia Counties

Down Payment Assistance

The Georgia Dream program is designed to help borrowers overcome the common obstacle of not having enough money to apply towards a down payment. After contributing a minimum of $1,000 towards the purchase of the home, borrowers may be eligible for one of three down payment options:

• Standard: All eligible homebuyers may qualify! 5% (five percent) of the property purchase price or a maximum of $10,000, whichever is the lesser amount.
• Protectors, Educators & Nurses (PEN): Are you a public protector, educator, healthcare provider - or work for these industries - or active military? 6% (six percent) of the property purchase price or a maximum of $12,500, whichever is the lesser amount.
• Choice: Is a member of your family living with a disability? 6% (six percent) of the proeprty purchase price or a maxium of $12,500, whichever is the lesser amount.