Do you make less than $55,750 and still want to buy a home?

Invest Atlanta’s 20PLUS program (coming soon) offers 20% of the home purchase price towards your down payment and closing costs, and may be compatible with down payment assistance programs offered by Invest Atlanta community partners.

Homebuyer Incentives

Invest Atlanta offers homebuyer incentives that can make your dream of homeownership come true.

Getting Started

  1. Contact a Participating Lender to get pre-qualified and secure a first mortgage loan. Bill’s partner in this program is Jason Randall at BankSouth.  Apply directly by Clicking here
  2. Attend Invest Atlanta’s Q & A Session. Click here to RSVP.
  3. Enroll in a Homebuyer Education class. Click here for a list of Participating Homebuyer Educators.
  4. Find a home within the city limits of Atlanta. To determine if the property is located in the city of Atlanta, click here for instructions.
  5. Close with a Participating Closing Attorney. Click here for a list of Closing Attorneys. See why we prefer Ganek here


Homebuyer Requirements

  • Must qualify for 30-year fixed rate FHA or VA mortgage loan with Invest Atlanta Participating Lender
  • Must have a minimum credit score of 660 and maximum debt-to-income ratio of 45% for an FHA mortgage and a credit score of 640 and maximum debt-to-income ratio of 50% for a Conventional mortgage
  • Homebuyer cannot own more than $10,000 in liquid assets
  • $1,200 Program Fee

Eligible Properties

  • Single-family detached homes, 2-4 units, townhomes and condominiums, newly constructed or existing, are eligible properties
  • Property must be located within the city limits of Atlanta
  • Maximum purchase price for new construction is $224,000 for DeKalb and Fulton counties. Maximum purchase price for existing construction is $210,000 (DeKalb) and $201,000 (Fulton).

Maximum Income Limit: $55,750 

The 20PLUS program is coming soon. If you have any questions, please contact Bill at 404-353-9233 

 Bill Forrest is an award winning Broker at Forrest & Company a Division of PalmerHouse Properties. See his full bio at www.BillForrest.com
He can be reached at 404-353-9233 or Bill@BillForrest.com

© 2018 Forrest & Company

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