Benefits For Georgia First Time Homebuyers

first time home buyer


Like other special moments in life, buying your first home comes with a mixture of emotions including fear, excitement, and a few others. Understandably, you may have hesitations or fears of being able to move from an apartment to a house of your very own. Money does not come easy and can be a huge obstacle for most first-time homebuyers. To help you achieve the accomplishment of owning your dream home, The American Dream is here to help you look forward to this grand moment in your life stress-free.

When it comes to buying a house, location is important. Depending on where you live can open the door for you to receive aid and benefits from the state. Here in South Georgia, there are several benefits available for first-time homebuyers. Yes, that is right! South Georgia is not only a peach state, but it also has many sweet benefits for first-time homebuyers. Whether you live in Hahira, Georgia, or Valdosta, Georgia, or somewhere in between, there are programs to help you with the cost of buying your first home.

Georgia Dream Program

The Georgia Dream Program assists home buyers with their down payment on FHA, VA, or USDA loans.

What is needed to qualify? 

  •  Be a first-time homebuyer/ have not owned a home in the past 3 years
  • Must buy a home in Georgia
  • The cost of your home cannot exceed $200,000 or $250,000
  • Must be able to meet the mortgage loan credit requirements


FHA Loans

The Federal Housing Administration (FHA) offers mortgages with low down payments and credit score requirements. 

What is needed to qualify?

  • Have a debit to income ratio below 43%
  • Have a steady income 
  • Proof of employment


VA Loans

The VA loan offers assistance to those who serve and have served in the military. The amount of assistance received varies depending on the length of service, duty status, and service commitment. 

Who qualifies?

  • Veterans 
  • Members of the military 
  • Spouses of a military member


The American Dream is all about helping you achieve the home of your dreams in the simplest way possible. From finding the perfect home to helping you through the buying process, our agents are here to help. Contact an agent today!

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