Georgia program

Georgia Dream PEN

Georgia ยท Georgia Department of Community Affairs

Deferred second mortgage Repay later on trigger 2026-04-13

Quick answer

What this program appears to offer

Go to Georgia program hub

Amount

PEN borrowers can receive 6% of the property purchase price, up to $12,500, in down payment assistance.

Type

Deferred second mortgage

Deferred second mortgage

Repayment

The Georgia Dream second mortgage carries 0% interest with no monthly payment and becomes due when the home is sold or transferred, the first mortgage is refinanced, or the property stops being the borrower's principal residence.

First-time buyer

Unknown

Trust layer

Program structure and lender rules

These fields stay free because they describe the official program rules, not a paid decision layer.

Participating lender

Required

Paired first mortgage

Required

Forgiveness term

Not forgivable or not captured

Repayment triggers

sale, refinance, transfer, non owner occupancy

Who qualifies

Law enforcement officers, Correctional officers, Firefighters, Volunteer firefighters

What support you get

PEN borrowers can receive 6% of the property purchase price, up to $12,500, in down payment assistance.

Do you repay it?

The Georgia Dream second mortgage carries 0% interest with no monthly payment and becomes due when the home is sold or transferred, the first mortgage is refinanced, or the property stops being the borrower's principal residence.

How to apply

Apply through a Georgia Dream participating lender.

Direct official links

Official source evidence

The official Georgia Dream page says the Protectors, Educators & Nurses option offers 6% of the property purchase price or $12,500, whichever is less. The 2024 Georgia Dream Seller Guide revised July 1, 2025 defines eligible PEN public protectors to include police, sheriff's office, correctional, other law-enforcement, firefighter, and volunteer firefighter roles. The official Georgia Dream FAQ says the second mortgage has 0% interest, no monthly payment, and is due when the borrower sells or transfers the home, refinances the first mortgage, or no longer occupies the property as a principal residence.

View official source

Official documents

Last verified

2026-04-13

Revised July 1, 2025