Mableton is in Cobb County, which has a program called Cobb Homeownership Assistance Program or "CHAP" Program. This program provides down payment and/or closing cost assistance to first time homebuyers purchasing an owner occupied, single family residence in Cobb County. There are income restrictions and minimal Housing Quality Standards. If you'd like more information on this program, please contact me at 678-492-0325 or BrendaIsMyAgent@yahoo.com. Thank you and good luck!
Yes, in GA, the Georgia Dream Program provides down payment assistance throughout the state. There are annual household income limitations along with maximum sales prices that will both vary by county.
The typical assistance amount provided is $5,000. The PEN program allows for $7,500 in assistance. PEN is available to anyone working in Public Safety, Education (accredited only), or Healthcare. The CHOICE Loan provides borrowers with disabilities, or those who have a disabled dependent as a household member with $7,500 in assistance.
The down payment assistance amount is ALWAYS repayable whenever the home is no longer your primary residence or when the home is sold.
Getting Pre-Qualified prior to beginning the home search is critical. To do this, you would need to submit a Pre-Qualification request along with your financial documentation.
If you are looking to purchase a property, working with a knowledgeable and seasoned loan officer is critical in today's market. Getting Pre-Qualified is the only way for you to find out your mortgage options. To get Pre-Qualified for your purchase, you can submit your request online at http://www.rodneymason.com to get started.
Rodney Mason, NMLS #151088
Sr Loan Officer
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia with over a decade of mortgage lending experience.
Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203(k) Renovation (Streamline & Consultant) | HomePathÂ® | HomePathÂ® Renovation | HomeStyleÂ® Renovation | VA | USDA | GA Dream | Jumbo Financing.
Down payment assistance is available in borrowers who are looking to buy in Mableton GA. As you likely know, restrictions apply. But you should find a tremendous amount of information at the link below. In Mableton, consider the Federal Down Payment Assistance Program and the State of Georgia (AKA GA Dream) Programs.
I'd welcome the opportunity to speak with you. When time permits, please call me. Stay informed of the changes in Down Payment Assistance by liking Metro Atlanta Downpayment Assistance on Facebook.
Georgia Real Estate Brokers Associate
Certified Affordable Housing Counselor
Keller Williams Realty Atlanta Partners