See programs you qualify for
Get Matched Free →By Tyler Thompson · Licensed Real Estate Agent · Updated March 23, 2026
Homebuyer Programs in South Fulton, GA (2026)
South Fulton is a city of about 113,000 residents in Fulton County, south of Atlanta, incorporated in 2017 as one of Georgia's newest and largest cities. With a median home price around $315,000, South Fulton offers relatively affordable homeownership compared to much of the metro Atlanta area. While the city does not currently operate its own down payment assistance program, buyers have strong options through state and nonprofit programs. The Georgia Dream Homeownership Program provides up to $10,000 in zero-interest deferred assistance, or up to $12,500 for protectors, educators, and nurses through the PEN option. ANDP (Atlanta Neighborhood Development Partnership) offers $15,000 to $20,000 in forgivable down payment assistance through FHLBank Atlanta for buyers in Fulton County. National Faith Homebuyers provides an additional $5,000 to $10,000 forgivable loan. By combining these programs, South Fulton homebuyers could potentially stack over $30,000 in total assistance toward their home purchase.
State Programs in Georgia
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| FHLBA Community Partners Product | Forgivable Loan | Up to $20,000 in home purchase assistance for down payment and closing costs | No | View → |
| FHLBA First Time Homebuyer Product | Forgivable Loan | Up to $17,500 in home purchase assistance for down payment and closing costs | Yes | View → |
| FHLBA Workforce Housing Plus+ | Grant | Up to $15,000 in home purchase assistance for down payment and closing costs | No | View → |
| Georgia Dream Homeownership Program | Deferred Loan | 5% of purchase price up to $10,000; 6% up to $12,500 for PEN (protectors, educators, nurses/health care, active military) and CHOICE (household member with a disability) borrowers | Yes | View → |
| Georgia Dream Peach Advantage Program | Deferred Loan | 2% to 5% of purchase price in down payment assistance, or 0% DPA option with a reduced first mortgage interest rate | No | View → |
| Georgia Dream Peach Plus Program | Deferred Loan | 3.5% of purchase price up to $10,000; 4% up to $12,500 for PEN (protectors, educators, nurses/health care, active military) and CHOICE (household member with a disability) borrowers | No | View → |
- Type:
- Forgivable Loan
- Amount:
- Up to $20,000 in home purchase assistance for down payment and closing costs
- First-time only:
- No
- Type:
- Forgivable Loan
- Amount:
- Up to $17,500 in home purchase assistance for down payment and closing costs
- First-time only:
- Yes
- Type:
- Grant
- Amount:
- Up to $15,000 in home purchase assistance for down payment and closing costs
- First-time only:
- No
- Type:
- Deferred Loan
- Amount:
- 5% of purchase price up to $10,000; 6% up to $12,500 for PEN (protectors, educators, nurses/health care, active military) and CHOICE (household member with a disability) borrowers
- First-time only:
- Yes
- Type:
- Deferred Loan
- Amount:
- 2% to 5% of purchase price in down payment assistance, or 0% DPA option with a reduced first mortgage interest rate
- First-time only:
- No
- Type:
- Deferred Loan
- Amount:
- 3.5% of purchase price up to $10,000; 4% up to $12,500 for PEN (protectors, educators, nurses/health care, active military) and CHOICE (household member with a disability) borrowers
- First-time only:
- No
Federal Programs
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| FHA Loans | Government-Insured Mortgage | Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026) | No | View → |
| Good Neighbor Next Door (HUD) | Government Property Sale Program | 50% discount off the list price of HUD-owned homes | Yes | View → |
| Home Possible Mortgage (Freddie Mac) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HomeReady Mortgage (Fannie Mae) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HUD $100 Down Program | FHA-Financed HUD REO Purchase | Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs. | No | View → |
| USDA Rural Development Loans | Government-Guaranteed Mortgage | 100% financing (no down payment required); loan amount up to appraised value | No | View → |
| VA Loans | Government-Guaranteed Mortgage | No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026) | No | View → |
- Type:
- Government-Insured Mortgage
- Amount:
- Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
- First-time only:
- No
- Type:
- Government Property Sale Program
- Amount:
- 50% discount off the list price of HUD-owned homes
- First-time only:
- Yes
- Type:
- Government-Guaranteed Mortgage
- Amount:
- Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
- First-time only:
- No
- Type:
- FHA-Financed HUD REO Purchase
- Amount:
- Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- 100% financing (no down payment required); loan amount up to appraised value
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
- First-time only:
- No
Nonprofit Programs
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| ANDP FHLBank Atlanta Down Payment Assistance | Forgivable Loan | $17,500 to $20,000 for households at or below 80% AMI; $15,000 for households between 80.1-120% AMI (Workforce Housing Plus) | No | View → |
| Atlanta Habitat for Humanity Homeownership Program | Zero-Interest Loan | Zero-interest 30-year mortgage on newly constructed Habitat home | Yes | View → |
| National Faith Homebuyers Down Payment Assistance | Forgivable Loan | $5,000 to $10,000 forgivable loan (amount varies by location) | No | View → |
- Type:
- Forgivable Loan
- Amount:
- $17,500 to $20,000 for households at or below 80% AMI; $15,000 for households between 80.1-120% AMI (Workforce Housing Plus)
- First-time only:
- No
- Type:
- Zero-Interest Loan
- Amount:
- Zero-interest 30-year mortgage on newly constructed Habitat home
- First-time only:
- Yes
- Type:
- Forgivable Loan
- Amount:
- $5,000 to $10,000 forgivable loan (amount varies by location)
- First-time only:
- No
How to Apply
Step 1: Check your eligibility. Georgia Dream income limits for the Atlanta-Sandy Springs-Roswell metro area are $120,439 for 1-2 person households and $138,505 for 3+ person households. South Fulton's median home price of $315,000 falls well within Georgia Dream's $425,000 purchase price limit.
Step 2: Complete homebuyer education. All Georgia Dream borrowers and most DPA programs require a HUD-approved homebuyer education course. National Faith Homebuyers at (678) 553-3770 offers approved courses in the Atlanta metro area. You can also take the online eHome America course.
Step 3: Contact a Georgia Dream Participating Lender. Visit the Georgia Department of Community Affairs website or call 1-800-359-HOME (4663) to find a participating lender who can pre-qualify you for a Georgia Dream mortgage and determine your DPA eligibility.
Step 4: Explore ANDP down payment assistance. ANDP offers $15,000 to $20,000 in forgivable down payment assistance for buyers at or below 80% AMI, and $15,000 for buyers between 80.1% and 120% AMI through their Workforce Housing Plus product. Contact ANDP through their website at andphomes.org for current availability.
Step 5: Apply for National Faith Homebuyers DPA. Contact National Faith Homebuyers at (678) 553-3770 to apply for their $5,000 to $10,000 forgivable loan program. You will need to provide $1,000 of your own funds and meet income limits of $84,000 for 1-2 person households or $96,000 for 3+ person households.
Step 6: Consider Atlanta Habitat for Humanity. Atlanta Habitat has expanded into South Fulton and offers zero-interest, 30-year mortgages on newly built homes for qualifying families. Visit atlantahabitat.org to learn about eligibility and apply.
Step 7: Submit applications and close. Your Georgia Dream lender will submit the state program application on your behalf. Coordinate with your nonprofit DPA providers to layer assistance programs together for maximum benefit.
Frequently Asked Questions
How much down payment assistance can I get in South Fulton?+−
Do I have to be a first-time homebuyer to qualify?+−
Is South Fulton eligible for the Fulton County HOP program?+−
What is the maximum home price I can buy with assistance?+−
What homebuyer education is required?+−
Does Atlanta Habitat for Humanity build in South Fulton?+−
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