We-Dekalb Program Highlights

We Dekalb DPA Program | At-A-Glance

We Dekalb DPA Program | At-A-Glance

AVAILABLE PROGRAMS WE DeKalb Down Payment Assistance Program
ELLIGIBLE AREA DeKalb County, GA
ELIGIBLE BORROWER(S) No first-time buyer requirement
RATES See Chart
DPA AVAILABLE See Chart
LOAN TYPE See Chart
INCOME LIMITS Income Limits
PURCHASE LIMITS Purchase Price Limits
TIMELINE REQUIREMENTS 70 days from Reservation to Loan Purchase. Underwriter Certification within 15 days of reservation.
HOMEBUYER EDUCATION Homebuyer Education
CO-SIGNORS Not permitted.
PROGRAM GUIDELINES Guidelines
PARTICIPATING LENDERS Participating Lenders

Today’s Rates & Offerings [ Business Days 10:00am – 8:00pm ET ]

We Dekalb DPA | Rates & Offerings

Government

WE DeKalb Down Payment Assistance Program


FHA, VA


  • No first-time buyer requirement
  • Must be principal residence
  • Maximum Income Limits
  • Maximum Purchase Price Limits
  • 70 calendar days from loan reservation to loan purchase (Underwriter Certification 15 calendar days)
  • 1003 Credit qualifying income
  • Assistance offered as a non-repayable GRANT
  • Assistance is a percentage of the total (include MIP) Note amount
  • Maximum DTI 45% with 640-679 FICO
  • Maximum DTI is 50% with 680 FICO
  • Minimum FICO for FHA and VA 660
  • Eligible area: DeKalb County
Offering FICO DPA Lock Rate
FHA, VA 660 1% 7.125%
2% n/a
3% n/a
Freddie Mac HFA Advantage (conventional)

WE DeKalb Down Payment Assistance Program


Freddie Mac HFA Advantage


  • No first-time buyer requirement
  • Must be principal residence
  • Maximum Income Limits (Borrower’s with income at or below 80% AMI, as determined by Freddie Mac, receive reduced mortgage insurance)
  • Maximum Purchase Price Limits
  • 70 calendar days from loan reservation to loan purchase (Underwriter Certification 15 calendar days)
  • 1003 Credit qualifying income
  • Assistance offered as a non-repayable GRANT
  • Assistance is a percentage of the total (include MIP) Note amount
  • Maximum DTI 45% with 640-679 FICO
  • Maximum DTI is 50% with 680 FICO
  • Minimum FICO for Freddie Mac 640
  • Eligible area: DeKalb County
Offering FICO DPA Lock Rate
Freddie Mac 80% AMI 640 1% 7.250%
2% n/a
3% n/a
Freddie Mac OVER 80% AMI 640 1% 7.500%
2% n/a
3% n/a