02/23/2025
Great news for homebuyers!
Starting February 24, 2025, a new down payment assistance funds will be available through the Federal Home Loan Bank (FHLB). There are limited funds available so contact me today.
If youâve been thinking about buying a home, this could be the opportunity youâve been waiting for! My number is 678.300.8616 so please contact me for more information.
Hereâs a quick overview of the available programs:
Standard Down Payment Assistance*
$17,500 for first-time homebuyers
Primary residence only
Forgiven after 5 years
Income requirements apply (varies by household size and county)
Works with FHA, Conventional, USDA, and VA loans.
Minimum $1,000 investment from borrower
Community Partners Program*
$20,000 for first-time and non-first-time homebuyers.
Available to law enforcement, first responders, educators, veterans, active-duty military, and surviving spouses
Same income requirements as the Standard DPA
Forgiven after 5 years
Workforce Plus Program*
$15,000 for first-time and non-first-time homebuyers
Designed for those who exceed the income limits for the above programs but fall within 120% AMI
Grantâimmediately forgiven
Primary residence required, but borrowers can own one other property (such as their current home)âa great option for move-up buyers!
*Income/Credit Restrictions apply
If this isnât the right fit for you, please feel free to share this with someone who might benefit! These funds are limited, so if you or someone you know is interested, letâs talk soon.
Let me know if youâd like to learn more or to see if you qualify and I will connect you with Sabine Kassahn.
Information provided by:
Sabine Kassahn
Branch Manager, VP
NMLS ID # 151627
1525 Pennsylvania Ave.
McDonough, GA 30253
D. (770) 954-7324
F. (865) 375-2438
E. [email protected]