Announcing an addition to our popular down payment assistance program! We're pleased to provide the opportunity for up to an additional $2,500 in grant funds to those borrowers who are using the Freddie Mac HFA Advantage loan. Specific income limits apply so ask your approved lender today if you qualify for this extra assistance!
The WE DeKalb Program provides a down payment grant of 3, 4 or *5% to qualified applicants interested in purchasing, or refinancing, a home in DeKalb County, Georgia based on the type of loan selected.
The Decide DeKalb Development Authority created the WE DeKalb Program as an economic incentive to assist our metro Atlanta area employers in attracting and retaining top talent by opening doors to homeownership in DeKalb County. The program is especially ideal for those who earn too much to qualify for affordable housing subsidies, but need help with down payment and closing costs. However, the grant is not restricted to homebuyers who work in DeKalb County. Any qualified borrower interested in buying a home in DeKalb County can take advantage of the nonrepayable grant.
Currently, the maximum qualifying income for a 2-member household is $81,900 and the maximum for a 3+ member is $95,600.
There are currently thousands of homes throughout DeKalb County that may be purchased with the WE DeKalb Program down payment grant, based on the FHA loan maximum of $358,800, the VA loan mortgage limit of $424,100 or the Conventional Freddie Mac HFA Advantage® loan mortgage limit of $424,100.
If you are ready to purchase a home in DeKalb County, please contact one of our approved lenders to determine your eligibility. If your lender is not on our list and is interested in joining the WE DeKalb program, the process of becoming approved is quick and easy. Please have them send an email to firstname.lastname@example.org to request more information.
*5% assistance option only available for Conventional loan.
Whether you're a homebuyer, Realtor® or loan originator we have the information you need below...
Buyers: Download WE DeKalb Program materials: introduction letter, brochure & FAQ flyer. You can apply for your non-repayable down payment grant by selecting one our approved participating lenders.
Lenders: Join our growing list of approved WE DeKalb lenders by submitting the following materials: Lender Approval Process, Lender Agreement and Lender Contact & Authorization Form.
Connect: Our growing list of experienced WE DeKalb Program Realtors® for help in finding a great home in DeKalb County.
Contact: Decide DeKalb for more specific information using this contact form.
"Despite recent real estate and mortgage challenges as well as the spike in the renters market, I believe that home ownership remains to be the American dream and one of the best investments a person can make in their lifetime. This year, I pursued my interest in relocating from my first home to a new home that could better accommodate my family and lifestyle.
The climax of my experience was learning about a program that provided me with more options than we had originally considered. After qualifying and being approved for the WE DeKalb loan program, I was able to purchase a brand new home with very little money down.
The team effort and expertise provided by this group of professionals was stellar! I would highly recommend working with Kim Witte, CORE Homebuilders, and the DeKalb loan program."