By: Courtney Efird, Ameris Bank, NMLS#: 659400
Are you looking to start the home buying process?
Ameris Bank is proud to partner with many state and county government agencies to provide down payment assistance in the form of forgivable or repayable grants or forgivable or repayable second mortgages.
A forgivable grant or second mortgage means that the down payment assistance funds are forgiven over a predetermined length of time you own the home. One agency in particular we work with closely is the Federal Home Loan Bank of Atlanta. Their grant funds are released in the 1st quarter of the year and a specific amount is allotted to each participating bank. The money can be used until it runs out, so in this real estate market it is better to act fast!
Below are two of their offerings that can be used toward down payment or closing costs to purchase a new home.
FHLB Grants and Assistance - $7500
This program offers funds for the purchase of an existing unit by a first time homebuyer (not having owned a home or lived in the home they own in the last 3 years).
Program Highlights:
- Must be primary residence with forgivable loan options after 5 years
- Homebuyer counseling required
- Grant funds can be used for down payment and closing costs
- Household income limits may apply
FHLB Community Partners - $10,000
We offer a unique financial opportunity for current or retired law enforcement officers, educators, health care workers, firefighters and other first responders as well as employees of these accredited institutions.
Program Highlights:
- Maximum assistance is $10,000, homebuyer must contribute at least $1,000
- Eligible homebuyers include veterans and active-duty military, or their surviving spouse, essential workers, law enforcement officers, educators, healthcare workers, firefighters or any other first responders
- Eligible for primary residence purchases
- Income limits apply
- Homebuyer education course required
This is an amazing opportunity to help you get in to the house or your dreams, but funds are limited so don't delay. Click here to find out if you qualify.
Stay up to date
Browse Posts
- October 2026
- September 2026
- July 2026
- June 2026
- May 2026
- April 2026
- February 2026
- January 2026
- July 2025
- May 2025
- April 2025
- March 2025
- February 2025
- January 2025
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
Browse by topics
- Buyers (14)
- Locals - 101 Reasons (0)
- Sellers (7)
- Williamsburg (1)
- New Homes (0)
- Home Sale Statistics & Trends (6)
- Community (46)
- event (0)
- Newport News (0)
- lizlocal-richmond-realestate (48)
- lizlocal-williamsburg-realestate (49)
- lizlocal-peninsula-realestate (44)
- York County (0)
- events (0)
- Richmond (0)
- lizlocal-NorthernNeck-realestate (42)
- Fords Colony (0)
- Home Page (0)
- event-Peninsula (0)
- Hampton (0)
- Neighborhood Spotlight (6)
- lizlocal (0)
- event-Williamsburg (1)
- event-Richmond (0)
- Poquoson (0)
- Seniors (8)
- lizlocal-richmond-community (20)
- lizlocal-williamsburg-community (22)
- About (27)
- lizlocal-Peninsula (0)
- careers (1)
- lizlocal-Richmond (0)
- Investors (0)
- lizlocal-Peninsula-community (18)
- lizlocal-Williamsburg (0)
- lizlocal-NorthernNeck-livelocal (13)
- relo-richmond-local (0)
- relo-williamsburg-local (0)
- relo-peninsula-local (0)
- Military (0)
- lizlocal-NorthernNeck-community (15)
- lizlocal-peninsula-livelocal (11)
- lizlocal-richmond-livelocal (12)
- timeline (0)
- MarketTalk (18)
- lizlocal-williamsburg-livelocal (12)
- Rivers Bend at Uncles Neck (0)
- Peninsula (2)
- Monticello Woods (0)
- 55+ (9)
- Downsizing (9)
- New Kent (0)
- Perkinson Homes (0)
- buyer (4)
- Oaks at Fenton Mill (0)
- WYD1 (8)
- commercial (8)
- lizlocal-NorthernNeck-food_and_drink (5)
- RVA Home Building (0)
- WYD3 (7)
- buy (7)
- lizlocal-richmond-food_and_drink (4)
- relo-richmond-news (0)
- WYD4 (6)
- WYD5 (6)
- golf (0)
- relo-peninsula-news (0)
- relo-williamsburg-news (0)
- Brickshire (0)
- Chesterfield (1)
- Kingsmill (0)
- Quarterpath (0)
- WYD2 (4)
- Westport (0)
- land (0)
- Braemar Creek (0)
- Hilton Village (0)
- Kiln Creek (0)
- New Town (0)
- Patriots Landing (0)
- Queens Lake (0)
- Village Park (0)
- Virginia Beach (3)
- lizlocal-peninsula-food_and_drink (1)
- lizlocal-williamsburg-food_and_drink (0)
- waterfront (0)
- 101 (0)
- Colonial Heritage (0)
- Coventry (0)
- Governors Land (0)
- Greensprings West (0)
- Midlothian (1)
- Port Warwick (0)
- Smithfield (0)
- Stonehouse (0)
- White Hall (0)
- seller (1)
- Brandermill (0)
- Brandon Woods (0)
- Data Centers (1)
- Greater Richmond (1)
- Hallsley (0)
- Hampton Park (0)
- Hampton Roads (1)
- Hanover (0)
- Home Values (1)
- Homeowners (1)
- Merrimac Shores (0)
- Norfolk (1)
- Real Estate Trends (1)
- Running Man (0)
- The Greenlands (0)
- The Settlement At Powhata (0)
- Villas at Oxford Run (0)
- West Point (1)
- Woodlake (0)
- kensington Woods (0)
- lizlocal-richmond-liz_local (1)
- lizlocal-southside-livelocal (1)
- press release (1)
- the point on fishers creek (0)
Liz Moore & Associates is a boutique real estate agency renowned for having the region's top agents, with extensive market knowledge and local expertise that is only achieved through relentless training coupled with Liz's extremely high standards for professionalism. When you're buying or selling a home, experience matters.
