Fulton County HomeSaver Grant

Fulton County HomeSaver Grant is a grant for homebuyers in Fulton County, Georgia. Fulton County HomeSaver Grant provides up to $10,000 in down payment and closing cost assistance to eligible homebuyers purchasing in Fulton County, GA. The grant requires no repayment and is designed to help low-to-moderate income buyers achieve homeownership. Up to $10,000 in down payment and closing cost assistance provided as a grant with no repayment required. funds do not need to be repaid as long as the home remains the borrower's primary residence for the required period. available to eligible first-time homebuyers purchasing in Fulton County. Funding comes from Local Government.

Fulton County HomeSaver Grant offers up to $10,000 in assistance. The program asks homebuyers to contribute $1,000. The program can be combined with other assistance, subject to the rules of each. Amounts are the program's published maximums, not an offer — the administering agency determines any individual award.

Fulton County HomeSaver Grant is structured as a grant, so it is not repaid. The assistance is recorded in 2nd Lien position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Fulton County HomeSaver Grant is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. The program lists a minimum credit score of 620. A homebuyer education course is required.

Fulton County HomeSaver Grant limits household income to 80% of the area median income, which varies by county and household size. The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Fulton County HomeSaver Grant caps the purchase price at $350,000. Eligible property types include Single Family, Condo, and Townhouse.

Fulton County HomeSaver Grant serves homebuyers purchasing in Fulton County, Georgia.

Applications for Fulton County HomeSaver Grant go through the administering agency, which publishes the current terms and the application steps on its own site. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.