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Homebuyers and Homeowners

Services for Potential Homebuyers and Current Homeowners

Contact an FHLBank Atlanta member financial institution to learn more about how you can use FHLBank Atlanta funds to achieve your dreams of homeownership. To receive funds, individuals must meet eligibility guidelines and apply for funds through a participating member financial institution. Member financial institutions award thousands of dollar in subsidies to assist with closing costs and down payments for first-time and non-first-time homebuyers.

Our dedication to improving the communities of our member financial institutions has also helped veterans and families of veterans afford homes and rehabilitate their existing residence. Find an FHLBank Atlanta member institution in your area to help you achieve your own homeowner dreams.

Current Products

Community Partners Product

Provides up to $7,500 in down-payment and closing-cost funding to current or retired law enforcement officers, educators, health care workers, firefighters, and other first responders that are first-time homebuyers or non-first-time homebuyers. 

Community Rebuild and Restore Product

Provides up to $10,000 for the rehabilitation of an existing owner-occupied home located in “Major Disaster Declaration” areas as designated by the Federal Emergency Management Agency (FEMA).

Funds can be used to correct deficiencies, resulting from the identified disaster, that impact the habitability of the property not associated with repairs covered under an insurance claim.

First-Time Homebuyer Product

The First-time Homebuyer Product (FHP) provides up to $5,000 in matching funds for the down payments and closing costs of first-time homebuyers. The Bank has offered the FHP since 1997, making homeownership a possibility for over 21,000 families.

Foreclosure Recovery Product

Provides up to $15,000 in down-payment and closing-cost funding for the purchase or purchase and rehabilitation of an existing home from the Real Estate Owned (REO) inventory of an FHLBank Atlanta member financial institution. The funding is available to first-time or non-first-time homebuyers.

Veterans and Returning Veterans Purchase Products

Provides up to $10,000 in funding for a home purchase by veterans or active-duty members of the U.S. military, their spouses, or their surviving spouses. Veterans Products are available nationwide through FHLBank Atlanta members.

Veterans and Returning Veterans Rehabilitation Products

Provides up to $15,000 for energy efficient and accessibility improvements to a home owned by veterans or active-duty members of the U.S. military, their spouses, or their surviving spouses. Veterans Products are available nationwide through FHLBank Atlanta members.