Have you considered a 1st Time Home Buyer grant?
To help you get started on solid footing, SouthPoint Bank Home Mortgage can assist first-time homebuyers in accessing matching funds for the down payment and closing costs incurred when purchasing a home. For every $1 you contribute to your home purchase, you can receive $4 in matching funds, up to $5,000. For example, a $1,250 down payment would receive $5,000 in matching grant funds.
- Contribute at least $1,000 toward the purchase of the home
- Occupy the home as a primary residence for at least five years
- Complete a homebuyer education and financial literacy course specified by FHLBank Atlanta