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Is it true that even if you are a teacher your income must be quite low to qualify for the second mortgage in the Georgia Dream Homeownership Program? Also, can this program be used to purchase an Energy Star mobile home?

jenkin7 · Posted: Tue Oct 16, 2007 9:16 pm Post subject:

Hello Lee,

The PEN (Protectors, Educators and Nurses) program of Georgia Dream Homeownership is a second mortgage program, specially designed to help teachers with low to medium income.

This can be used to buy Energy Star Mobile Home.

Find more information on this here http://www.mortgagefit.com/georgia/dreamhomeownership-program.html

larry · Joined: 27 Jun 2007 Posts: 3322 474.67 Dollars($)

Hi

The Georgia Dream Homeownership Program helps the people whose income is low. This is to help them, so that they can afford to buy their home with low interest rate. So, if your income is considerably low, you can definitely get the advantages of that scheme.

Yes, you can certainly use this program to purchase an Energy Star mobile home. You will get a loan of $7500.

Thanks,
Larry

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