If you’re a future Georgia homeowner, there’s good news for you. The Georgia Department of Community Affairs (DCA) has launched the Georgia Dream Peach Advantage Loan Program.
The initiative took effect on July 1 and aims to provide greater down payment assistance for both individuals and families. The program has expanded down payment assistance options from two percent up to five percent. There is also a zero percent down payment option with a reduced first mortgage interest rate.
The DCA recommends you consult with your loan officer and DCA before canceling your existing application.
You can learn more about the program at dca.georgia.gov.