Bootcamp For Buyers

First Time Homebuyer Programs in Georgia

Georgia provides valuable programs through the Georgia Department of Community Affairs (DCA) to assist first-time homebuyers. These initiatives make homeownership more attainable with down payment assistance and low-interest mortgage options.

Georgia Dream Homeownership Program

The Georgia Dream Homeownership Program is designed to help first-time homebuyers achieve their goals with financial assistance and affordable loans.

  • Provides down payment assistance of up to $7,500 for eligible buyers.
  • Special funding of up to $10,000 is available for public protectors, educators, and health care workers.
  • Requires a minimum credit score of 640 and completion of a homebuyer education course.
  • Income and purchase price limits apply, varying by household size and location.

Standard Georgia Dream Mortgage

This program offers a fixed-rate mortgage with competitive interest rates for first-time buyers.

  • Available for FHA, VA, USDA, and conventional loans.
  • Income and purchase price limits must be met to qualify.
  • Can be paired with down payment assistance options.

Protector, Educator, and Healthcare (PEN) Grant

Additional assistance is available for those in qualifying professions such as law enforcement, teachers, and health care workers.

  • Provides higher down payment assistance of $10,000.
  • Must meet Georgia Dream Program eligibility requirements.
  • Designed to recognize and reward public service professionals.

Georgia's first-time homebuyer programs make it easier to achieve your homeownership goals. Explore these options to find the perfect fit for your needs and start building your future today.