Georgia Dream: Lenders

Become a Participating Georgia Dream Lender 

Our group of Participating Lenders is made up of banks, mortgage companies, and credit unions throughout the state of Georgia and nationally. 

Eligibility Criteria

All lenders must:

1. Be approved as an FHA Direct Endorsement lender to submit FHA loans and a VA Automatic lender to submit VA loans, or be a federally regulated financial institution, or be a state or federal agency to both originate, underwrite, and fund conventional or USDA loans.
2. Be an approved Fannie Mae, Freddie Mac, or Ginnie Mae Seller/Servicer, or be a federally regulated financial institution, or be a state or federal agency.
3. Be a legally organized business entity with a properly licensed business office located in the State of Georgia or in a State contiguous to and licensed in Georgia.
4. Have a minimum net worth of $2,500,000.00.
5. Have a FHA Neighborhood Watch Delinquency Compare Ratio of 125% or less in Georgia. If percentage is 0% in Georgia, the FHA Nationwide Neighborhood Watch compare ratio must be 125% or less.

Chapter One of our Seller Guide outlines in detail the requirements for approved lenders.

Lenders are allowed to have only one warehouse bank for First Mortgage wires to be sent and one warehouse bank for Down Payment Assistance wires to be sent. We do not allow multiple warehouse banks for each individual loan.

If your company meets the guidelines, please complete the lender application package in its entirety with all exhibits and return to [email protected]. Partial submissions will not be considered. For questions, please contact us at (404) 679-4851.

If your company provides mortgage loans as a broker, you might be able to provide Georgia Dream mortgage products through your mortgage bank if they are a Georgia Dream participating lender and offer our products through their wholesale division. 

Application Checklist

To apply to become a Georgia Dream Participating Lender, please prepare a lender package that includes the original wet-ink signed and dated documentation listed below and send by mail to the attention of Georgia Dream Outreach at 60 Executive Park S. N.E. Atlanta, GA 30329:

1. Fully executed Georgia Dream Lender Application SF-1
2. 2 copies of the executed Seller Agreement
3. 2 copies of the executed Loan Servicing Agreement
4. Past three years of the audited financials only w/auditor’s opinion (do not include the 10-K)
5. Executed Limited Power of Attorney
6. Copy of Insurance Certificates for Bond Fidelity and E & 0 (do not include complete policies)
7. Copy of Quality Control Plan
8. Provide evidence of participation in the E-Verify program and include E-Verify number. If you do not participate, please let us know your procedures for screening employees.
9. FHA Neighborhood Watch Ratio for Georgia of 125% or less, from the following site:https://entp.hud.gov/sfnw/public/. If the Georgia ratio is 0%, provide the Nationwide ratio of 125% or less.
10. Company’s Net Worth of no less than $2,500,000.00
11. Become a Lakeview Seller to utilize the Georgia Dream Peach Advantage

Stay Updated on Training & Latest News

We recommend that participating lenders stay informed of the latest Georgia Dream guidelines by attending an overview training as needed. 

Our in-person classes are currently on hold but you may register to attend a virtual training by signing up for the Georgia Dream Weekly Newsletter.