Many buyer’s in todays real estate market are facing challenges. One challenge maybe having enough cash on hard required to close the deal. Fortunately there are funds available for many buyers in differnent down payment assistance programs. There are qualifications in income and location for most of these programs. The funds can be use
d for down payments and closing costs in most cases.
Advantages of Down Payment Assistance includes.
- Lower LTV
- Lower Debt to Income
- Lower Monthly payments
- Increased Purchase Power
Some of the most popular DPA programs in Georgia are the following:
Peach Plus Veterans Loan Program
Chenoa Fund – No Income Limits for scores 600 and up
To get a list of all types of Down Payment Assistance programs click link below. It will ask qualifying questions and provide a list of options that may be available to you. You can discuss the options with the realtor if you are interested.
https://www.workforce-resource.com/dpr/pmt/FMLS/CHIP_HURST