Down Payment Assistance Programs
We want to make your homeownership dreams a reality. Ameris Bank partners with other organizations within our communities to offer a variety of down payment assistance programs for customers who qualify
Mortgage Banker, NMLS #648964
Ameris Bank is proud to offer products and programs that may help modest-income and first-time homebuyers achieve their dreams of homeownership. Contact us today to determine if you’re eligible for any of these programs or any additional programs that may be available from agencies in your state or local area. This information is not a complete description of all eligibility requirements. Additional program restrictions may apply.
FHLB Grants and Assistance
This program offers funds for the purchase of an existing unit by a first-time homebuyer (have not owned a home in the last 3 years).
FHLB Community Partners
We offer a unique financial opportunity for current or retired law enforcement officers, educators, health care workers, firefighters and other first responders who are purchasing a home.
The Federal Housing Administration (FHA) leads the way in affordable home financing with low down payment options and flexible qualifying guidelines.
FHA Construction-to-Permanent Loan
This loan program combines the purchases of your lot, construction costs and permanent mortgage financing into a single loan-ensuring you have the funds to build your dream home in one closing.
US Department of Agriculture (USDA) loans are a popular option for many first-time homebuyers who may not meet the traditional 5-20% down payment requirement.
We are proud to serve those who have served our country. Through the U.S. Department of Veterans Affairs (VA), we offer a special financing option for our veterans, available with little to no down payment.
Alabama Housing Finance Authority (AHFA)
AHFA’s programs offer a variety of options for buyers such as down payment assistance, closing cost assistance and mortgage credit certificates, which reduce the amount of federal income tax homebuyers must pay. Visit the AHFA website to learn more.
Salute Our Soldiers Military Loan Program
Administered by the Florida Housing Finance Corporation, The Salute our Soldiers Military Loan Program offers military service personnel and veterans 30-year, fixed-rate first mortgage loans with several down payment assistance options. This program is available in all 67 counties throughout the State of Florida to borrowers who are purchasing a primary residence, meet income and purchase price limits, can qualify for a first mortgage loan, and successfully complete a homebuyer education course.
Jacksonville Head Start to HOME Ownership (H2H) Program
The H2H program provides financial aid in the form of down payment and closing cost assistance to eligible families and/or individuals in Duval County. Families and/or individuals who do not currently own a house, who will reside in the home as their primary residence and who meet household income criteria will be eligible for assistance pending funding availability.
Florida Housing’s First-Time Homebuyer (FTHB) Program
This program offers 30-year fixed-rate loans to first-time homebuyers through participating lenders and lending institutions across the state of Florida. Eligible borrowers may also participate in one of Florida Housing’s second mortgage programs to assist borrowers with down payment assistance and closing costs. Click here for more information.
GA Dream offers a way for qualified homebuyers to obtain affordable first mortgage financing and down payment assistance to purchase a home.
GA Dream First Mortgage Loan
GA Dream Down Payment Assistance Loans1
Housing Authority of Cobb County
The Authority works to help finance the cost of providing an adequate supply of housing for residents of Cobb County. Qualified applicants may be able to receive a down payment grant of 2, 3, or up to 4%* towards purchasing or refinancing a home in Cobb County, Georgia based on the type of loan selected.
DeKalb County Workforce Enhancement (WE DeKalb)
The WE DeKalb program provides a down payment grant of 3, 4, or 5% to qualified applicants interested in purchasing or refinancing a home in DeKalb County, Georgia, based on the type of loan selected. The program is especially ideal for those who may exceed earning limits to qualify for affordable housing subsidies, but need help with down payment and closing costs. Visit the WE DeKalb website to learn more.
Invest Atlanta offers multiple assistance programs and incentives to help make the dream of homeownership possible within the City of Atlanta. Incentives can be used toward down payment and closing costs. Click here to visit the Invest Atlanta website.
Anne-Arundel County Mortgage Assistance Program
This program provides financial assistance to eligible homebuyers in Anne-Arundel County, Maryland.
Frederick County Homebuyer Assistance Program
The Frederick County Homebuyer Assistance Program provides down payment or closing cost assistance to homebuyers purchasing their first home in Frederick County, Maryland.
Maryland Mortgage Program
The Maryland Mortgage Program (MMP) offers a wide range of mortgage programs to make homeownership an achievable goal.
North Carolina Housing Finance Agency (NCHFA) Home Advantage programs
The North Carolina Housing Finance Agency (NCHFA) offers several Home Advantage programs to help homebuyers secure mortgages and down payment assistance. Program incentives are available for eligible first-time homebuyers, move-up homebuyers and military veterans. Click here to visit the NCHFA website.
Community Partners Loan Pool (CPLP)
Another option from the NCHFA, the Community Partners Loan Pool offers no-interest deferred second mortgages for up to 20 percent of the sales price, not to exceed $30,000 when used in conjunction with the NC Home Advantage Mortgage™, or up to 10 percent when combined with a USDA Section 502 loan. CPLP may be combined with other down payment assistance programs, including the NC 1st Home Advantage Down Payment. Click here to visit the CPLP website.
Forsyth Affordable Homeownership Opportunity Program - HOME (AHOP HOME)
The Affordable Homeownership Opportunity Program provides funds to assist with the down payment and closing costs associated with the purchase of a home by a first-time homebuyer with low or moderate income in Forsyth County.
Winston-Salem Home Ownership Assistance Program
Administered by the Community Development Department of the City of Winston-Salem, the Home Ownership Assistance Program provides financial and technical assistance to first-time homebuyers with incomes less than 80% of area median, adjusted by household size. The goal of the program is to facilitate the attainment of home ownership by individuals and families who have the income to afford a mortgage, but may have cash or other barriers to ownership.
SC Housing Programs
SC Housing offers competitive mortgage loans and down payment assistance (DPA) to help families and individuals become homeowners. They offer competitive fixed rate mortgage loans combined with money to help cover down payment and closing costs.
Palmetto Home Advantage:
Palmetto Heroes Program:
Through this program, all community service personnel in the fields of law enforcement, firefighting, emergency medical services, licensed medical professionals, teachers, Active Duty and veterans of the U.S. Armed Forces and Active SC National Guard members may be eligible for affordable mortgage financing and down payment assistance.
*The borrower must occupy the subject property for the applicable occupancy period of the lien for the assistance to be fully forgiven.
Tennessee Housing Development Agency
The Great Choice Home Loan program is designed to make homeownership available and affordable for Tennesseans of middle/moderate income. Homebuyers who qualify for the Great Choice Home Loan can also apply for down payment assistance in the form of a Great Choice Plus second loan to help with your down payment and/or closing costs. Great Choice Plus is a second mortgage loan on your home, that is paid in monthly payments over 15 years at an interest rate that is the same as the first mortgage rate. Additional financing incentives are available for military members through the Homeownership for the Brave Program. Visit the THDA website for details.
The Housing Fund
The Housing Fund, a private non-profit organization, offers loans up to $35,000 for down payment, prepaids and closing costs to individuals and families. Click here for criteria
VHDA Down Payment Assistance Grant
With Virginia Housing Development Authority’s (VHDA) Down Payment Assistance Grant, qualified first-time homebuyers may receive a percentage of the purchase price to help with the down payment.
VHDA Community Heroes
Virginia Housing Development Authority (VHDA) and Federal Home Loan Bank (FHLB) offer a unique opportunity for eligible community heroes such as law enforcement officers, public school educators, firefighters, and other first responders.
DC Opens Doors
DC Open Doors provides several mortgage programs and down payment assistance options that help make homeownership more accessible and affordable in Washington, D.C.
DHCD Employer-Assisted Housing Program
Ameris Bank and the DC Department of Housing and Community Development (DHCD) are committed to easing the process of homebuying for DC residents. The Employer-Assisted Housing Program (EAHP) provides assistance to District government employees who are first-time homebuyers in the DC area.
Borrower must have no ownership interest in a primary residence in the District in the prior three years.
DHCD Home Purchase Assistance Program
Ameris Bank proudly offers the Home Purchase Assistance Program (HPAP) in partnership with the DC Department of Housing and Community Development (DHCD). This program offers interest-free loans and closing cost assistance to qualified low-to-moderate income residents of the DC area. Eligible DC borrowers may receive up to $84,000 in total assistance.
We're here to help every step of the way.
All loans are subject to credit approval and eligibility requirements may apply.
Ameris Bank is a full-service financial institution serving customers in the Southeast and Mid-Atlantic, with locations in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee and Virginia.