Federal Home Loan Bank of Atlanta (FHLB) Program Starts April 19, 2010 up to $7,500 in Grant Money for First-Time Home Buyers!

Posted by: najirashid on Saturday, March 13th, 2010

The Federal Home Loan Bank of Atlanta first-time home buyer program (FHP) will start on April 19, 2010. Through its FHP, the Bank will provide up to $7,500 in matching funds per eligible household for down payments and closing costs. The Bank has preliminarily allocated approximately $11 million dollars of funds for the 2010 FHP offering.

Since 1999, the Bank has funded over $59 million in FHP dollars to help more than 9,700 families  purchase their first home. More information should be available soon about the program requirements and the funding process. Last year several of my clients used this program to purchase their first home. Don’t miss out! Contact me for more details.

4 Responses to “Federal Home Loan Bank of Atlanta (FHLB) Program Starts April 19, 2010 up to $7,500 in Grant Money for First-Time Home Buyers!”

TOCCARA YOUNG Says:
December 21st, 2010 at 7:47 PM

I AM INTERSTED IN LEARNING MOR ABOUT THE PROGRAM. I AM 25 AND LOOKING TO BUY A HOME IM THE VERY NEAR FUTURE. PLEASE HELP ME I HAVE NO ODEA WHERE TO START IM THIS PROCESS. MY CREDIT ISNT THE BEST SO I NEED SOME TYPE OF PROGRAM TO ASSIST ME. THANK YOU FOR YOUR TIME. TOCCARA

Naji Rashid Says:
December 27th, 2010 at 5:20 PM

Hello Toccara,
The Federal Home Loan Bank of Atlanta program is a great program for first-time home buyers. the very first step in the process is scheduling your counseling class with a housing counseling agency that understand the programs. Give me a call at 410-977-7176, and I will be glad to get you started in the right direction.

nikki Says:
May 14th, 2013 at 7:46 AM

I have a median score of 593. We are in need of down payment assistance. We have pre approval for a.FHA loan. My lender is not a participant in the dselp program. Is there any help in the Maryland area?

najirashid Says:
May 14th, 2013 at 8:59 AM

Hello Nikki I recommend that you use a lender that participate in the DSELP. Contact me at 410-977-7176 for a list of lenders that use the program. Also the DSELP program require that you have a 640 middle score. I can get you a lender that will help you get your credit scores up. No charge. A lot of my clients use DSELP along with other programs.

 

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