Georgia Dream Homeownership Program Checklist

A step-by-step checklist for consumers applying for the Georgia Dream Homeownership Program in 2025.

Confirm Your Eligibility

Ensure your household income is within the program’s limits, which vary by family size and county.
Verify that your credit score meets the program’s minimum requirement, typically 640 or higher for FHA, VA, and USDA loans, or 660 for conventional loans. Additional requirements may be provided by your assigned Loan Officer.
Confirm the property you plan to purchase is within the program’s price limits and will serve as your primary residence.
Check if you meet other eligibility criteria, such as being a first-time homebuyer, a qualified veteran, or purchasing in a targeted area.

Collect proof of income, such as recent pay stubs, W-2 forms, or other income verification documents.
Gather your tax returns for the past two years, including all schedules and attachments.
Obtain recent bank statements covering the last two to three months for all financial accounts.
Prepare property details, including the address, purchase agreement, and sale price.
Compile any additional documents requested by your Loan Officer, such as verification of debts, liabilities, or proof of assets.

Your assigned Loan Officer will guide you through the Georgia Dream Homeownership Program application process.
Schedule a meeting or call with your Loan Officer to confirm eligibility, review program details, and discuss the necessary steps to complete your application.
Ask any questions about the program benefits, required documentation, or approval timeline.
Follow your Loan Officer’s guidance to gather and submit all required materials promptly and accurately.

Collaborate with your Loan Officer to accurately complete your application for the Georgia Dream Homeownership Program.
Submit all required documents to verify your eligibility for down payment and closing cost assistance.
Carefully review your application with your Loan Officer to ensure all details are accurate and complete before submission.
If necessary, attend a homebuyer education course to fulfill the program’s requirements.

Sign all required documents provided by your Loan Officer to secure your participation in the program.
Prepare for any additional costs not included in the program assistance, such as closing fees or prepaid items.
Receive confirmation of your enrollment and detailed instructions on how the assistance will be applied to your down payment or closing costs.

Ensure the purchased property remains your primary residence for the duration specified by the program guidelines.
Notify your Loan Officer immediately if you plan to sell, refinance, or make changes to your mortgage, as these actions could impact your program benefits.
Stay updated on program requirements or changes to maintain compliance and retain your assistance benefits.