Georgia Dream
Helping First-Time Homebuyers Achieve the Dream of Homeownership
Program Highlights
Who Qualifies?
First-time homebuyers, those who haven’t owned in the last 3 years, or buyers purchasing in a targeted area Must have a minimum credit score of 640 and contribute at least $1,000 of your own funds Liquid assets must not exceed $20,000 or 20% of the home’s sales price (whichever is greater) Household income limits apply (varies by county and household size) Home purchase price must fall within program limits
Key Benefits 30-year fixed rate mortgage through FHA, VA, USDA-RD, or conventional loans Down payment & closing cost help up to $10,000 (standard) , or up to $12,500 for eligible educators, healthcare workers, military personnel, and families with disabilities Pre ‑ purchase homebuyer education required (online or in-person) to ensure you're informed and ready
Home Sales Price and Maximum Household Income Area/County: Atlanta - Sandy Springs - Roswell, GA HUD Metro Barrow County, Bartow County, Carroll County, Cherokee County, Clayton County, Cobb County, Coweta County, Dawson County, DeKalb County, Douglas County, Fayette County, Forsyth County, Fulton County, Gwinnett County, Heard County, Henry County, Jasper County, Newton County, Paulding County, Pickens County, Pike County, Rockdale County, Spalding County, Walton County Home Sales Price: $550,000 Household Income: (1-2 persons: $130,290) (3+ persons: $149,833) Area / County: Athens, GA MSA
Clarke County, Madison County, Oconee County, Oglethorpe County, Morgan County Home Sales Price: $450,000
Household Income: (1-2 persons: $113,160) (3+ persons: $132,020)
Area / County: All Other Georgia Counties Home Sales Price: $400,000
Household Income: (1-2 persons: $98,400) (3+ persons: $113,160)
DeAnn Ellis Davidson Senior Mortgage Consultant NMLS# 148916 | GA MLO# 25670 120 Second St. Suite 100, Monroe, GA 30655 Office: 855-ELEMENT Cell (770) 616.8042 EllisMortgageTeam.com DeAnnEllis@elementhl.com
Equal Housing Lender. Make sure you understand the features associated with the loan program you choose, and that it meets your unique financial needs. Subject to Debt-to-Income and Underwriting requirements. This is not a credit decision or a commitment to lend. Eligibility is subject to completion of an application and verification of home ownership, occupancy, title, income, employment, credit, home value, collateral, and underwriting requirements. Not all programs are available in all areas. Offers may vary and are subject to change at any time without notice. For NFM Lending, LLC’s full agency and state licensing information, please visit www.nfmlending.com/licensing. NFM Lending, LLC's NMLS #2893 (www.nmlsconsumeraccess.org). © 2025 NFM Lending, LLC. America’s Common Sense Lender® Trade/service marks are the property of NFM Lending, LLC and/or its subsidiaries. Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. www.nfmlending.com. MLO licensing information NMLS# 148916 | GA MLO# 25670. Element Home Loans, The DeAnn Ellis Team is a division of NFM Lending, LLC. NFM Lending, LLC. is licensed in: Georgia, Florida, Alabama, South Carolina, Tennessee, and North Carolina. (www.nmlsconsumeraccess.org). For NFM Lending, LLC's full agency and state licensing information, please visit www.nfmlending.com/licensing. NFM Lending, LLC's NMLS #2893 (www.nmlsconsumeraccess.org). NFM Lending, LLC is not affiliated with, or an agent or division of, a governmental agency or a depository institution. Equal housing lender. Copyright © 2025. Qualifying credit score needed for conventional loans. All Down Payment Assistance Programs have different requirements and contingencies; please consult with the Loan Originator to discuss your options. For more information, please visit: https://dca.georgia.gov/affordable-housing/home-ownership/georgia-dream-mortgage-products/peach-advantage-loan-program. You will need to apply for a first mortgage loan with NFM Lending, LLC. in conjunction with any down payment assistance program. All information contained herein is subject to change at any time. A training class might be required. All DPA programs require to apply for a 1st and 2nd mortgage. Interest rates are subject to change daily and without notice. This is for informational purposes only. All information contained herein is subject to change at any time and there is no representation to the accuracy contained herein. NFM Lending is not a Financial Advisor, Tax Advisor or Credit Repair Company. You should consult with a Financial Advisor, Tax Advisor or Credit Repair Company to learn more.
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