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Down Payment Assistance Program

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BrightPath's Down Payment Assistance Program is a mortgage designed to help buyers to find their path to home ownership. It creates opportunities for low-to-moderate income/credit borrowers and allows them to get the financial help they may need to get into a home.

Key benefits of the down payment assistance program:

  •  Down payment assistance interest rates at 3.00% or 4.50% of the first mortgage total loan amount.
  •  The Down Payment Assistance Grant means no repayment is required!
  •  Grant can be used for down payment and/or closing costs.
  •  Works with FHA, USDA, and VA loan programs
  •  Seller credit of 6% is allowed.
  •  Gift funds are allowed.
  •  Borrowers are not required to be first time home buyers.
  •  Must have a minimum FICO score of 620, and a debt-to-income ratio not more than 50%.

 

Follow the BrightPath to Home Ownership!

BETTER THAN GEORGIA DREAM

  • This grant has NO repayment period and you don't have to be a first time home buyer.

BETTER THAN MATCHING GRANT

  • The minimum required credit score is 620, where other grant programs are 640.

BETTER THAN HOME ATLANTA

  • The property can be located outside of the incorporated city of Atlanta.

BETTER THAN CHDAP

  • There are no silent second liens.

If you would like to explore a down payment assistance program or other mortgage products available from BrightPath, please call us at 888-222-6003, or complete our simple form below. One of our experienced mortgage specialists will contact you.

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