PEN gives up to $7,500 in Down Payment Assistance for Protectors, Educators, and Nurses. This assistance offers No Interest and No Monthly Payments the assistance is repaid at the sale or refinance of the home.
What Rhodes Porter Realty Group likes about this program is that it is not just for home buyers that are actual protectors, educators and nurses, but includes those home buyers that are employed by the departments and/or organizations. This means if you are the custodian for the Richmond County GA School System and your check stub has the name of school or the BOE then You Qualify Too!
Borrowers must meet the qualifications of the Georgia Dream program and those of the mortgage lender and contribute $1,000 towards the purchase transaction. This is little to ask of a borrower that plans to purchase their first home with little out of pocket.
MILITARY: Members of the five branches of the United States of America Armed Forces, including the Army National Guard and Air National Guard.
ALL EMPLOYEES of: police departments; sheriff’s departments, correctional facilities and other law enforcement agencies such as highway patrol, also includes probation officers.
ALL EMPLOYEES of fire departments, EMS services and volunteer fire fighters.
ALL EMPLOYEES of local, city, or county school boards recognized or accredited by the State of Georgia or Regionally Accredited Associations to include Head Start, Pre-K, Elementary, Middle and High Schools, Colleges and Private Schools. Also state certified teachers of day care providers.
Nurses & Health Care
ALL EMPLOYEES of state licensed health care facilities including, but not limited to the following: Hospitals, Doctor & Dentist offices, Health Departments, and Nursing Homes.
If you would like more information on home buyer down payment assistance please contact the Rhodes Porter Realty Group. 706-373-1200