• No interest charged
• No monthly payments
• A credit score of at least 640 is needed
• Buyers must purchase a home in the targeted areas (see below)

• For first time home buyers and those who haven't owned a home in the past 3 years
• Liquid assets cannot be more than 20k or 20% of the sales price (whichever is greater)

• Loan must be repaid when home is sold or refinanced or no longer used as the borrower's personal residence

If you purchase a home in one of the following Counties: 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, your total household income based on the number of people living in the home can be no more than the following:

• One to Two persons $69,000 

• Three or more persons $79,500 

• Home Sales Price Can't Exceed $250,000

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If you purchase a home outside of the above counties listed then your total household income based on the number of people living in the home can be no more than the following:

• One to Two persons $59,500 

• Three or more persons $68,500 

• Home Sales Price Can't Exceed $200,000

The borrower must contribute a minimum of $1,000 towards the purchase transaction.

• STANDARD: Eligible home buyers qualify for $5,000.
• PEN: Eligible home buyers who are employed in qualified public protection, military, health care, or education qualify for $7,500 in down payment assistance.

• CHOICE: Eligible home buyers whose household includes an individual living with a disability qualify for $7,500 in down payment assistance.

Buyers must attend and complete either a homebuyer workshop or individual housing counseling sessions or an online homebuyer education course. Workshops and counseling must be completed with a DCA or HUD housing counseling agency.

• The online course can be completed only at ehomeamerica.com

• A list of DCA agencies is available at gadream.org

• A list of HUD approved agencies can be found at HUD.gov

We work with several lenders that assist us with getting our clients pre-approved for a mortgage using the Georgia Dream. However, you are free to use the lender of your choice. All lenders do not offer the Georgia Dream program. Our lenders will provide you with the necessary information that will allow you to decide what options are best for you based on your situation.

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To receive a Georgia dream brochure with more details about the program and a list of participating lenders by email, click here.