Peach Advantage Loan Program

Peach Advantage Loan Program es un segundo préstamo diferido para compradores de vivienda en Statewide, Georgia. Launched July 1, 2025, the Peach Advantage Loan Program is DCA's newest non-bond first-mortgage product that broadens eligibility beyond traditional Georgia Dream. It offers a 30-year fixed-rate Conventional first mortgage paired with concurrent 0% interest down payment assistance ranging from 2% to 5% of the first-mortgage amount. Borrowers can alternatively elect a 0% DPA option in exchange for a reduced first-mortgage interest rate. Open to households up to 150% AMI; not restricted to first-time homebuyers. Non-bond execution funded through Lakeview Loan Servicing's TBA program means no IRS recapture tax. 0% interest, non-forgivable concurrent second mortgage providing 2%, 3%, 4%, or 5% of the first-mortgage loan amount as down payment assistance. Alternative 0% DPA option pairs with a reduced first-mortgage interest rate. First mortgage is a 30-year fixed-rate Conventional loan with private mortgage insurance over 80% LTV, serviced by Lakeview Loan Servicing, LLC. Non-bond TBA execution. not subject to IRS recapture. Los fondos provienen de State y TBA.

Peach Advantage Loan Program es diferido, así que no hay pagos hasta que la vivienda se venda o se refinancie, o se termine de pagar la primera hipoteca. El reembolso se activa por Sale, transfer, refinance, payoff of first mortgage, or when property ceases to be borrower's primary residence (DPA is non-forgivable). La ayuda se registra con un gravamen en posición 2nd Lien. Los términos de condonación y reembolso los fija el programa y pueden cambiar; confírmalos en la página oficial del programa antes de presentar la solicitud.

Peach Advantage Loan Program está abierto a compradores de vivienda que vivirán en la vivienda como su residencia principal. Sobre el crédito, el programa indica: 640 minimum FICO (subject to AUS findings and product overlays). Se requiere un curso de educación para compradores de vivienda, a través de DCA-approved Homebuyer Education / HUD-approved housing counseling agencies. Requisito de residencia: Property must be located in Georgia and be the borrower's primary residence. Ciudadanía o situación migratoria: U.S. citizen or qualified permanent/non-permanent resident alien. Household income up to 150% of Area Median Income (per Fannie Mae and Freddie Mac AMI Lookup Tools by census tract). Not restricted to first-time homebuyers. Must qualify for a Conventional first mortgage with PMI over 80% LTV. Pre-purchase homebuyer education required.

Peach Advantage Loan Program limita el ingreso del hogar al 150% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Up to 150% of Area Median Income per Fannie Mae and Freddie Mac AMI Lookup Tools by property census tract. Atlanta MSA AMI is approximately $112,400 (4-person 100%); 150% AMI threshold therefore approaches $168,600 - $224,750 depending on property location. El límite se aplica al ingreso total del hogar, no solo al del prestatario. Las cifras del ingreso mediano del área las publica HUD y se actualizan cada año, así que consulta la tabla vigente del condado antes de basarte en una cifra.

Peach Advantage Loan Program limita el precio de compra a $650,000. Los tipos de propiedad elegibles incluyen Single-family detached, townhouse, condo (Fannie Mae-approved), planned unit development. La construcción nueva es elegible. Las viviendas prefabricadas no son elegibles.

Peach Advantage Loan Program atiende a compradores de vivienda que compran en Statewide, Georgia.

Las solicitudes de Peach Advantage Loan Program se tramitan a través de la agencia que administra el programa, que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Los fondos se reservan a través de Reserved by Participating Lender via DCA's online lender portal at time of first-mortgage reservation; Lakeview Loan Servicing sets the first-mortgage interest rate. Hey Prescott no es un prestamista y no acepta solicitudes; esta página describe el programa para que un comprador de vivienda pueda llevarlo a un prestamista o a un asesor de vivienda.