First Time Home Buyer Guide
Henry County, GA

What first-time home buyer programs are available in Henry County, GA?

Henry County first-time buyers can access multiple programs. The Georgia Dream Homeownership Program offers up to $10,000 in down payment assistance (0% interest, no monthly payments). FHA loans require just 3.5% down for buyers with 580+ credit. USDA loans may be available for eligible properties in Henry County's suburban and rural areas with 0% down. VA loans for veterans also offer 0% down. Dexter Williams works with approved Georgia Dream lenders and can verify which programs you qualify for in Henry County.

How much do I need to buy a home in Henry County as a first-time buyer?

Henry County's median owner-occupied home value is $313,900 (U.S. Census Bureau, ACS 2020–2024). On a home at that price, an FHA loan's 3.5% minimum down payment is about $10,987. The Georgia Dream program's up to $10,000 in down payment assistance can cover part or all of that for eligible buyers. Your total out-of-pocket depends on your loan type, credit score, and whether you negotiate seller concessions toward closing costs. A free consultation with Dexter will give you a specific number based on your situation.

Is Henry County eligible for USDA 0% down loans?

USDA loan eligibility in Henry County depends on the specific property address and your household income. Many properties in Henry County outside of designated urban areas qualify for USDA Rural Development loans, which offer 0% down payment, competitive rates, and lower mortgage insurance than FHA. Dexter can run a USDA eligibility check on any property you're considering in Henry County within minutes.

What is the home buying process for a first-time buyer in Henry County?

For Henry County first-time buyers, the process typically starts with a free consultation to review your credit, income, and program eligibility. Next, you'll get pre-approved with a participating Georgia Dream lender. Complete a HUD-approved homebuyer education course (required for Georgia Dream). Then search for homes — Dexter covers all of Henry County including McDonough, Stockbridge, Hampton and surrounding communities. After finding the right home, Dexter manages the offer, inspection, and closing process with your Georgia Dream assistance applied at closing.