Georgia Dream Peach Plus Program
Funding status: Active
How much assistance
Up to $10,000 (3.5% of purchase price); up to $12,500 (4%) for PEN and CHOICE qualifying buyers (Deferred Loan)
Zero-interest deferred second mortgage with no monthly payments. Repaid upon sale, refinance, or when the home is no longer the primary residence.
Eligibility
- Income limits: Household income up to 150% of Area Median Income. Limits vary by county.
- Purchase price limit: $650,000
- First-time buyer required: No
- Credit score minimum: 640
- Geographic restrictions: Available statewide in Georgia.
- Homebuyer education required: Yes
How to Apply for Georgia Dream Peach Plus Program
Step 1: Contact a Georgia Dream participating lender at 800-359-4663. Borrowers must qualify for FHA or VA financing. Complete HUD-approved homebuyer education before closing.
Notes
Launched April 2024. Expands access to buyers who do not meet Georgia Dream Standard first-time buyer requirement. FHA and VA loans only. PEN/CHOICE enhanced DPA available for qualifying professions.