ATL's Belt Line and DOWN PAYMENT PROGRAMS_Home Buyers Workshops

There are many different DOWN PAYMENT ASSISTANCE programs for buying a home in the Atlanta metro area and the current mortgage industry is a "perfect storm" to become a home owner. As a matter of fact, getting in the game of purchasing real estate is the most important catalyst to getting the US's economy back on track, after all, it was the key ingredient to derailing the economy.

Banks are reportedly sitting on a lot of money, but the qualifications for a mortgage is now much more demanding. I can remember the once notorious "Stated Income" loans, where one could just STATE how much money they earned without showing any proof of the income. Such loans no longer exist, however; due to the hiccup of the many mortgage defaults there is stimulus money available. This money comes in the form of a grant or a silent second loan that can be used for down payment on a home, resulting to the home owner buying a house for no money down. The money is to stimulate, the house buying industry as well as to stabilize communities that have been adversely effected by foreclosure.

Home buyers, even those with less than perfect credit, are taking advantage of this stimulus money by buying houses all over Metro Atlanta for owner occupancy with no (or very, very little) money down. Many of them are taking advantage of lower interest rates and affordable home prices by making use of a variety of loan programs. And while the borrower's credit must still be approved by an approved lender, many of them are finding that the mortgage approval process is not as intimidating as widely believed.

Request INFO on the different Down Payment Assistance Programs ,