First Time Home Buyer Georgia FHA Loans for first time home buyers

First Time Home Buyer Georgia

Georgia’s #1 First Time Home Buyer loan lender. Helping borrowers in Georgia qualify for the best First Time Home Buyer loan to meet their borrowing requirements. First Time Home Buyer loan programs in Georgia are backed by the Federal Housing Administration (FHA). These popular first time homebuyer loans require lower minimum credit scores and down payments to make it easier to qualify.

First Time Home Buyer Programs Georgia

CambridgeHomeLoan.com has a number of First time home buyer loan programs from simple W2 employees to full 2 year tax returns, self employed loans, non QM loans or statement loans for self employed that require a slightly higher down payment. Contact us today to craft the loan that best fits your needs. Some qualifications below.

FHA First Time Home Buyer and HomeReady Program Terms

A credit score of at least 580 for a 3% down home loan
A credit score of 500 to 579 for a 10% down payment
FHA loan with 3.5% down payment requirement
Mortgage insurance that is offset due to lower FHA interest rates than a conventional loan.
FHA Debt to income ratio of 50% or less

Qualify for a 3% down Home Loan in Georgia. Use this application to pre-qualify and start shopping for your new home today! Purchase, Refinance or Cash Out Refinance.

Contact us to find out what the loan limits in the county you would like to purchase in. Call now 800-826-5077. Prequalify now to see how much of Loan you can qualify for.

According to an announcement by the FHA the loan limit for 2022 will be $420,680 for most of the country. The 2022 FHA loan limit for the high cost areas will be $970,800.

We are serving all the locations of Georgia including Atlanta, Augusta-Richmond County, Columbus, Macon-Bibb County, Savannah, Athens-Clarke County, Sandy Springs, South Fulton, Roswell, Johns Creek, Warner Robins, Albany, Alpharetta, Marietta, Smyrna, Valdosta, Brookhaven, Stonecrest, Dunwoody, Peachtree Corners, Mableton, Gainesville, Newnan, Milton, Evans, Rome, Tucker, Peachtree City, East Point, Martinez, Redan, Kennesaw, Dalton, Hinesville, Douglasville, Woodstock, Statesboro, LaGrange, Lawrenceville, Chamblee, Duluth, Canton, Stockbridge, Carrollton, McDonough, Decatur, Pooler, Candler-McAfee, Sugar Hill, Griffin, Acworth, Union City, Cartersville, Suwanee, Snellville, Forest Park, Thomasville, Milledgeville, St. Marys, North Druid Hills, Fayetteville, Lithia Springs, Kingsland, Perry, Tifton, Calhoun, Winder, Norcross, Brunswick, Buford, Fairburn, North Decatur, Villa Rica, Dublin, Atlanta, Augusta-Richmond County, Columbus, Macon-Bibb County, Savannah, Athens-Clarke County, Sandy Springs, South Fulton, Roswell, Johns Creek, Warner Robins, Albany, Alpharetta, Marietta, Smyrna, Valdosta, Brookhaven, Stonecrest, Dunwoody, Peachtree Corners, Mableton, Gainesville, Newnan, Milton, Evans, Rome, Tucker, Peachtree City, East Point, Martinez, Redan, Kennesaw, Dalton, Hinesville, Douglasville, Woodstock, Statesboro, LaGrange, Lawrenceville, Chamblee, Duluth, Canton, Stockbridge, Carrollton, McDonough, Decatur, Pooler, Candler-McAfee, Sugar Hill, Griffin, Acworth, Union City, Cartersville, Suwanee, Snellville, Forest Park, Thomasville, Milledgeville, St. Marys, North Druid Hills, Fayetteville, Lithia Springs, Kingsland, Perry, Tifton, Calhoun, Winder, Norcross, Brunswick, Buford, Fairburn, North Decatur, Villa Rica, Dublin

Benefits of Being A First Time Home Buyer In Georgia

Low down payment with a minimum of 3% down payment
Lower credit scores. Down to 580 to for 3.5% down payment
VA Loan with No down payment required
For First Time Home Buyer's, FHA provides a guarantee loans to the lender who is actually extending the loan on an FHA loan.
To apply for an FHA loan, you'll need to provide your Social Security number, two years of tax returns and employment verification.
Simple Application and Approval Process
To apply for an FHA loan, you'll need to provide your Social Security number, two years of tax returns and employment verification.

ABOUT GEORGIA, United States, Georgia is a southeastern U.S. state whose terrain spans coastal beaches, farmland and mountains. Capital city Atlanta is home of the Georgia Aquarium and the Martin Luther King Jr. National Historic Site, dedicated to the African-American leader’s life and times. The city of Savannah is famed for its 18th- and 19th-century architecture and leafy public squares.

Housing costs that are below the U.S. average, low taxes, and an affordable cost of living make Georgia a great place to live and invest.. Median sale prices of a home in Georgia have increased 17% in 2022 while inventory is down 30% to just 1.4 months.

Georgia is the 8th most populated state in the US and is bordered by Florida, Alabama, Tennessee, N and South Carolina as well as the Atlantic Ocean and is home to more than ten million residence.

The median home value in Georgia is $269,441 as of October 2021. Over the past 5yrs the average home value has increased by over 61%.. Atlanta, Sandy Springs and Athens-Clarke are among the fastest growing places in the country.

Georgia is a great place to live and invest
Georgia has the perfect four season climate from 80 degrees in the summer to brief winters with temperatures in the high 40s.
MLB Atlanta Braves, NFL Atlanta Falcons, NBA Atlanta Hawks, and MLS Atlanta United FC are the four major professional sports leagues in Georgia.
Other world-renowned sporting events in Georgia include The Masters Tournament, Chick-fil-A Peach Bowl, and the NASCAR Sprint Cup Series.