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Free Money for First Time Home Buyers

Happy Thursday – I hope you are doing well. For this week’s video, I want to share the details on a new grant we have for first time homebuyers. I have put the details below but please call us if you know any first-time homebuyers in the market right now.

  • $5,250 towards down payment or closing cost and $500 appraisal credit for properties in certain census tracts.

  • Qualification is based on the buyer's current address, not the property they are buying. The address must be in an eligible census tract designated by Fannie Mae.

  • Atlanta – Sandy Springs – Roswell, GA area is one of the six areas that may qualify. Please note, not all addresses qualify.

  • At least one borrower on the application must be a first-time homebuyer.

  • No income limits. This is huge as most grants have income caps.

Stewart Sadler

Managing Partner

Cornerstone Mortgage Group

Georgia Residential Mortgage Licensee: 21412 • Company NMLS: 147913 • Individual NMLS: 147938

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