Georgia Home Loan Programs

Our Comprehensive Guide to Homeownership Opportunities in the Peach State

*** The information provided below is for educational purposes only and is sourced from public government and financial programs. Rai Homes ATL is not a mortgage lender and does not provide legal or financial advice. We recommend consulting with a licensed mortgage professional to determine the best program for your specific financial situation. ***

Georgia Dream Homeownership

  • Designed for first-time homebuyers, this state-sponsored program provides down payment assistance and competitive interest rates.

    • Standard: Up to $10,000 in assistance for eligible buyers.

    • PEN (Protectors, Educators, Nurses): Up to $12,500 for those in public service or military.

    • CHOICE: Specialized support for families living with a disability.

Federal Financing Options

  • FHA Loans: Perfect for buyers with a 3.5% down payment. This is a popular choice for those with flexible credit history.

  • VA Loans: A specialized $0 down payment benefit for U.S. Veterans, active-duty service members, and eligible surviving spouses.

  • USDA Rural Development: Offers 100% financing ($0 down) for homes located in “rural” designated areas. In Georgia, this includes many beautiful areas just outside the major metro hubs of Atlanta, Savannah, and Augusta.

City of Atlanta Homebuyer Incentives

  • Atlanta Heritage: Offers up to $20,000 in forgivable down payment assistance for those purchasing in specific high-priority neighborhoods.

  • Intown Mortgage Assistance (IMA): Provides up to $10,000 for qualified buyers to use toward down payments or closing costs.

  • Perry Bolton TAD: A specialized program offering up to $20,000 for homes located within the Perry Bolton Tax Allocation District.

Conventional & Portfolio Loans

  • Conventional 97: A great alternative to FHA, allowing for only a 3% down payment for qualified first-time buyers.

  • Jumbo Loans: For your luxury architectural interests, these loans cover properties that exceed standard conforming limits (currently over $766,550 in most GA counties).

  • Portfolio Loans: Some lenders offer “niche” products for unique architectural properties that might not fit traditional banking boxes.

And there are more options….but please note

*** The programs listed above are sourced from public records and are subject to change by the issuing agencies. While we strive to provide the most current information for our Georgia clients, Rai Homes ATL does not provide financial or legal advice and cannot guarantee program eligibility or specific loan terms. ***