Georgia Down Payment Assistance

Georgia Down Payment Assistance Programs

A guide to current down payment assistance options in Georgia, including the state Housing Finance Agency, well-known city and county programs, and live DPA mortgage pricing for Georgia homebuyers.

Georgia Housing Finance Agency

Georgia Department of Community Affairs (DCA)

dca.georgia.gov

DCA administers the primary DPA programs for Georgia. Program details below are current as of April 23, 2026 - confirm current terms directly with DCA before applying.

Statewide DPA Programs in Georgia

Georgia Dream Standard

Georgia DCA

Deferred loan

5% of the purchase price or $10,000, whichever is less, as a 0% interest second mortgage with no monthly payments. Balance is due at sale, refinance, or when the home ceases to be the primary residence.

Paired with: Conventional, FHA, VA, USDA

  • First-time homebuyer: Required
  • Primary residence only
  • Homebuyer education required

First-time homebuyer means no ownership in the prior three years; requirement is waived in designated targeted areas.

Source: dca.georgia.gov

Georgia Dream PEN (Protectors, Educators & Nurses)

Georgia DCA

Deferred loan

6% of the purchase price or $12,500, whichever is less, as a 0% interest deferred second mortgage.

Paired with: Conventional, FHA, VA, USDA

  • First-time homebuyer: Required
  • Primary residence only
  • Homebuyer education required

Available to eligible public protectors, educators, and healthcare workers; occupational eligibility per DCA schedule.

Source: dca.georgia.gov

Georgia Dream CHOICE

Georgia DCA

Deferred loan

6% of the purchase price or $12,500, whichever is less, as a 0% interest deferred second mortgage.

Paired with: Conventional, FHA, VA, USDA

  • First-time homebuyer: Required
  • Primary residence only
  • Homebuyer education required

Available when the borrower, a co-borrower, or a dependent family member has a disability.

Source: dca.georgia.gov

Major City & County Programs in Georgia

Invest Atlanta Homebuyer Incentives

Invest Atlanta · City of Atlanta, GA

Forgivable second

Down payment and closing cost assistance for owner-occupied purchases within Atlanta city limits. Forgivable grants up to $20,000 are available for targeted neighborhoods such as Vine City when occupied for at least five years.

Buyer must contribute at least $1,500 of their own funds, occupy the property as primary residence, not own other property, and complete homebuyer education with a participating educator.

Source: www.investatlanta.com

Georgia Notes for Homebuyers

  • Georgia is an attorney-closing state; closings must be conducted by a licensed Georgia attorney.
  • Georgia imposes a state intangible recording tax on new mortgage loans.

2026 Loan Limits in Georgia

Conforming (Conventional)

$806,500 baseline

FHA

$524,225 floor

Most Georgia counties use the FHA floor limit.

Live DPA Pricing for Georgia

Pricing below is sourced live from hundreds of wholesale lenders for a Georgia scenario. Edit the inputs to match your situation.

FHA Down Payment Assistance

Up to 5% assistance; repayable second at first rate + 2% over 10 years

Min FICO 580
Program details
  • Minimum credit score: 580
  • Non-traditional credit also possible
  • Assistance up to 2.5%, 3.5%, or 5% of the lesser of purchase price or appraised value
  • Assistance can be used for down payment, closing costs, or both
  • Second lien: 10-year fixed, repayable
  • Second lien rate is 2% higher than the first mortgage rate
  • No first-time homebuyer requirement
  • No income cap
  • Purchase of primary residence only
  • Eligible properties: 1-unit residences, PUD, 2-4 units, FHA-approved condos, manufactured (single/double-wide)
  • DTI per AUS and FHA manual underwriting guidelines
  • First lien: FHA 30-year fixed

Assistance amount

1st lien: $386,000 at 96.5% LTV (FHA)
2nd lien: $14,000 (10-yr fixed, 1st rate + 2%)
Assistance is due upon transfer, sale, or refinance. Pricing estimate only — final rates, fees, and eligibility are determined by the lender.
Program details on this page are compiled from official Georgia Housing Finance Agency and local government sources and were last verified on April 23, 2026. Program availability, funding, eligibility thresholds, and assistance amounts change frequently. Always confirm current terms directly with the administering agency before applying. This page is informational only and is not an offer to lend.

Compare DPA options for Georgia with live pricing

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DPA Programs in Other States