Standard Georgia Dream Mortgage Checklist

A step-by-step checklist for consumers applying for the Standard Georgia Dream Mortgage in 2025.

Confirm Your Eligibility

Verify that your household income is within the program’s limits, which vary based on county and family size.
Ensure your credit score meets the minimum requirement for the program, typically 640 or higher for FHA, VA, and USDA loans, or 660 for conventional loans. Your assigned Loan Officer may provide additional details.
Confirm that the property you intend to purchase is within the program’s price limits and will serve as your primary residence.
Check if you meet other program 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, such as 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 Standard Georgia Dream Mortgage application process.
Schedule a meeting or phone call with your Loan Officer to confirm your eligibility, discuss program details, and outline the steps required to complete your application.
Ask any questions about program benefits, required documentation, or timelines for approval.
Follow your Loan Officer’s instructions to gather and submit all required materials accurately and on time.

Collaborate with your Loan Officer to accurately complete your application for the Standard Georgia Dream Mortgage.
Submit all required documents to verify your eligibility for down payment and closing cost assistance.
Review your application with your Loan Officer to ensure it is complete and free of errors before submission.
If necessary, attend a homebuyer education course to fulfill the program’s requirements.

Sign all necessary 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 expenses.
Receive confirmation of your enrollment and detailed instructions on how the assistance will be applied to your home purchase.

Ensure that 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.