Can a Georgia first-time home buyer get cash assistance?

As a Georgia first-time home buyer, you have lots of great resources available to you. The Peach State offers some assistance in the form of home buyer education courses and counseling. And, better yet, you could be in line for cash assistance to help cover your down payment and closing cost needs. Here’s how to get started.

Do first-time homebuyers need a hefty down payment in Georgia?

We get it. Not all first-time homebuyers have saved enough for a down payment. But there’s good news for first-time homebuyers in Georgia: You don’t necessarily need a hefty down payment if you’re in a low- to moderate-income bracket and have decent credit.

Can a first-time home buyer get a mortgage in Georgia?

If you’re a first-time home buyer in Georgia with a 20% down payment, you can get a conventional loan with a low interest rate. And you never have to pay for private mortgage insurance (PMI). Of course, few first-time buyers have saved enough for 20% down. But the good news is that you don’t need that much. Not by a long shot.