A Special Initiative for Cobb County Employees

Invitation to Explore Homeownership

As an esteemed employee of Cobb County, your path to homeownership begins here. The Housing Authority of Cobb County has initiated the General DPA program to help you accomplish your goal of owning a home.

Guidance from Clareo Real Estate

Clareo Real Estate is here to guide you through this process. For dedicated employees like you, the Authority offers an Additional DPA - a supplemental $10,000 tax-free grant initiated in 2023 to provide an extra boost to your home purchasing power.

Understanding the Process

Every homeowner's journey has parameters. To be eligible, you'll need to meet specific income requirements and maximum mortgage loan constraints. Clareo Real Estate, with its extensive knowledge and experience, will help you navigate this process. Detailed information about the programs and associated lenders is available at georgiabuyerdpa.com. Direct information from the Cobb Housing Authority is at georgiabuyerdpa.com/cobb.

Eligibility Criteria: Key to Successful Homeownership

• This program is open to all, including non-first-time homebuyers.
• You must gain mortgage approval from a Cobb County DPA Program-approved lender.
• It's necessary to meet the income and loan amount limitations.
• Credit score and debt-to-income (DTI) ratios will be considered.
• The purchased property should be your primary residence.
• Post-purchase, the property must be occupied within 60 days of closing.

Potential Properties: Home Choices for You

The properties you may choose from are diverse: new or existing residential units, detached or attached homes, condos, or townhouses with up to four units. For Freddie Mac Loans, only one-unit properties are eligible. Take note, that manufactured homes and non-permanent homes are not within the program's scope, and your land size must be within livable limits.

Securing Your Home: A Milestone Achieved

Successfully purchasing your new home is a milestone symbolizing the end of this particular journey and the reward for your commitment and hard work. But remember, this is not the end but the start of your exciting journey in your new home.

Successful Homeownership: The Culmination of Your Efforts

With Clareo Real Estate's guidance, you've successfully navigated your way to homeownership. Your new home stands as a testament to your diligence, perseverance, and the successful completion of your journey.

Embracing Homeownership: The Start of a New Chapter

As a proud homeowner, you can now relish the comfort and security of your new home. With Clareo Real Estate and the Cobb County Housing Authority by your side, you're equipped for the many new experiences that await in your new home. Embrace this new chapter - your journey continues!