Friday, September 21, 2007
News ADA relaunches homeowner assistance program
Posted by Thomas Wheatley @thomaswheatley on Fri, Sep 21, 2007 at 6:30 PM
The Atlanta Development Authority kicked off its relaunch of the HOME Atlanta mortgage-down-payment assistance program Sept. 17.
From the ADA's site:
The Home Atlanta program is a 30 year fixed loan with TBD interest rate. The program also provides a 4% grant as well as the option to receive an additional 10% in down payment assistance in the form of a soft second loan.
There's a good amount of specifics in order to be eligible and fine print, and judging by the mortgage crisis currently facing the nation, use care when choosing a financial plan for homeownership -- visit the ADA's page for the full details about HOME Atlanta. For a list of the program's preferred lenders, visit here. If we hear horror stories or problems, we'll keep you posted.
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