Homebuyer Programs in Stonecrest, GA (2026)
Stonecrest is a growing city in eastern DeKalb County within the Atlanta metropolitan area, incorporated in 2017 and home to the Mall at Stonecrest and the Arabia Mountain National Heritage Area. With a median home price around $340,000, Stonecrest offers relatively affordable homeownership compared to other Atlanta-area communities. Buyers here can access the DeKalb County First-Time Homebuyer Program providing up to $8,000 as a forgivable loan, the WE DeKalb DPA Program offering a non-repayable grant of up to 3% of the mortgage amount with no first-time buyer requirement, and ANDP providing $17,500 to $20,000 in forgivable loans. State-level programs like Georgia Dream add up to $10,000 in additional assistance. By combining county, state, and nonprofit programs, eligible Stonecrest buyers can stack significant help toward their down payment and closing costs.
Top Homebuyer Programs in Stonecrest
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| DeKalb County First-Time Homebuyer Program | Forgivable Loan | Up to $8,000 for down payment assistance; additional $3,000 bonus available for borrowers who improve FICO score from below 620 to 620 or above within 12 months | Yes | View → |
| WE DeKalb DPA Program | Grant | 1%, 2%, or 3% of initial mortgage principal balance as a non-repayable down payment assistance grant | No | View → |
| 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 → |
| 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+ | Forgivable Loan | Up to $15,000 in home purchase assistance for down payment and closing costs | 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 → |
| 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 → |
| Credit Union of Georgia First-Time Homebuyer Product | Grant | Up to $17,500 for down payment, closing costs, and principal reduction | Yes | View → |
| Habitat for Humanity DeKalb Homeownership Program | Zero-Interest Loan | Affordable mortgage on newly built or renovated Habitat home | No | View → |
| National Faith Homebuyers Down Payment Assistance | Forgivable Loan | $5,000 to $10,000 forgivable loan (amount varies by location) | No | View → |
| Georgia Dream Homeownership Program | Deferred Loan | Up to $10,000 (5% of purchase price); up to $12,500 (6%) for protectors, educators, nurses (PEN) and families with a disabled member (CHOICE) | 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 | Up to $10,000 (3.5% of purchase price); up to $12,500 (4%) for PEN and CHOICE qualifying buyers | No | View → |
- Type:
- Forgivable Loan
- Amount:
- Up to $8,000 for down payment assistance; additional $3,000 bonus available for borrowers who improve FICO score from below 620 to 620 or above within 12 months
- First-time only:
- Yes
- Type:
- Grant
- Amount:
- 1%, 2%, or 3% of initial mortgage principal balance as a non-repayable down payment assistance grant
- First-time only:
- No
- 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:
- 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:
- Forgivable Loan
- Amount:
- Up to $15,000 in home purchase assistance for down payment and closing costs
- 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
- 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:
- Grant
- Amount:
- Up to $17,500 for down payment, closing costs, and principal reduction
- First-time only:
- Yes
- Type:
- Zero-Interest Loan
- Amount:
- Affordable mortgage on newly built or renovated Habitat home
- First-time only:
- No
- Type:
- Forgivable Loan
- Amount:
- $5,000 to $10,000 forgivable loan (amount varies by location)
- First-time only:
- No
- Type:
- Deferred Loan
- Amount:
- Up to $10,000 (5% of purchase price); up to $12,500 (6%) for protectors, educators, nurses (PEN) and families with a disabled member (CHOICE)
- 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:
- Up to $10,000 (3.5% of purchase price); up to $12,500 (4%) for PEN and CHOICE qualifying buyers
- First-time only:
- No
How to Apply
- Step 1:
Check your eligibility. The DeKalb County First-Time Homebuyer Program requires household income below 80% of HUD Median Income for DeKalb County (for example, $59,850 for a 4-person household). The WE DeKalb program has its own income and loan limits but does not require first-time buyer status.
- Step 2:
Complete homebuyer education. The DeKalb County program requires a HUD-certified first-time homebuyer education course. Call (800) 569-4287 to find a HUD-approved counselor near Stonecrest, or contact Habitat for Humanity DeKalb, which offers housing counseling sessions at Stonecrest Library.
- Step 3:
Get pre-approved by a participating lender. For the WE DeKalb program, contact a WE DeKalb participating lender at decidedekalb.com/wedekalb. For Georgia Dream, use a Georgia Dream participating lender listed at dca.georgia.gov.
- Step 4:
Apply for the DeKalb County program. Contact the DeKalb County Human and Community Development Department to submit your application. You will need documentation of lender pre-approval and completion of homebuyer education.
- Step 5:
Find a home in Stonecrest or DeKalb County. The DeKalb County program requires the home to be within DeKalb County. The home must be your primary residence.
- Step 6:
Close on your home. Your participating lender will coordinate the DPA funds at closing. For ANDP assistance, contact ANDP directly at (404) 420-1600. For National Faith Homebuyers, call (678) 553-3770.