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.

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.

What is a first-time homebuyer requirement?

First-time homebuyer requirement is waived for this program. Maximum home sales price* is up to $525,000. High interest rate is determined by market rates. Down payment assistance options are available. First-time homebuyer requirement is waived for this program. Maximum home sales price* is up to $425,000. Low interest rate.