Georgia Dream

Ever dream of owning your own home? The Georgia Dream can make it happen. This program offers affordable financing options, down payment assistance, and homebuyer education to eligible buyers. Don’t let the fear of a large down payment prevent you from becoming a homeowner.


Georgia Dream is a 30-year fixed interest rate mortgage featuring:

  • Affordable financing options
  • Down payment assistance with a minimum $1,000 borrower contribution
  • Homebuyer education
  • 640 minimum credit score
  • Maximum amount of liquid assets is $20,000 OR 20% of sale price (whichever is greater)
  • Georgia Dream is offered in conjunction with: FHA, VA (for eligible veterans), USDA/RD, and Conventional
  • Max loan amount is $275,000 | Except counties listed below allow Max loan amount of $325,000
    Barrow, Bartow, Carroll, Cherokee, Clayton, Cobb, Coweta, Dawson, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Heard, Henry, Jasper, Newton, Paulding, Pickens, Pike, Rockdale, Spalding or Walton
What is a Georgia Dream loan? Mortgage Investors Group

Is GA Dream right for you?

If you’re a first-time homebuyer or interested in buying a home located in the state of Georgia, you may qualify for the Georgia Dream program. Borrowers are eligible if they are either:

  • A first-time homebuyer
  • A homebuyer who has not had interest or ownership in a primary residence in the last three years, or
  • A homebuyer who is purchasing a home in one of the program’s designated “target areas”

If you meet one of the above benchmarks, you may qualify for the Georgia Dream program if you also meet the minimum credit score, household income limits and liquid asset requirements as described above.

Georgia Dreamloan program through Mortgage Investors Group

Down Payment Assistance

The Georgia Dream program is designed to help borrowers overcome the common obstacle of not having enough money to apply towards a down payment. After contributing a minimum of $1,000 towards the purchase of the home, borrowers may be eligible for one of three down payment options:

  • First-time homebuyers may qualify for the Standard option of $7,500.
  • Borrowers who are actively serving in one of the U.S. Armed Forces, are public protectors, educators, healthcare providers, or who work for these industries may qualify for the PEN option of $10,000.
  • Borrowers who have a family member with a disability living with them may qualify for the Choice option of $10,000.
Georgia Dream - Mortgage Investors Group


Georgia Dream

Peach Plus  Peach Select Veteran Assistance
Program targets first-time homebuyers. Program targets qualified borrowers not currently served by the traditional GA Dream program.    First-time homebuyer requirement is waived for this program. Program targets veterans. 
Maximum home sales price* is up to $400,000. Maximum home sales price* is up to $500,000. Maximum home sales price* is up to $400,000.
Maximum income limits* are up to:
  • $107,796 (1-2 persons)
  • $123,966 (3+ persons)
Maximum income limits* are up to:
  • $161,694 (1-2 persons)
  • $185,949 (3+ persons)
Maximum income limits* are up to:
  • $107,796 (1-2 persons)
  • $123,966 (3+ persons)
Interest rate is determined by market rates. High interest rate is determined by market rates. Low interest rate. The initial rate is set to 5.00%.
Down payment assistance options are available. Down payment assistance options are available. No down payment assistance offered.

*Varies depending on purchasing area or county.

Contact Us Today

Mortgage Investors Group, based in Tennessee, offers residential financing in a number of states in the southeast, See MIG Service Areas. Terms and conditions to apply to home financing. We want to share with you the loan terms vary based on several characteristics and your financial profile. These include but are not limited to loan program, loan purpose, occupancy, credit history, credit score, assets, and other criteria per loan type. The repayment terms and interest rate may vary from time to time. The terms represented here are based on certain assumptions outlined below and/or noted on the loan outline page. Additional details concerning privacy, program disclosures, licensing specifics may be found at Legal Information.

MIG Loan Officers will help gather the information needed for an individual assessment to provide home financing which matches the loan characteristics with your home financing needs based on your financial profile, when you are ready to begin a full loan application. For estimates and general information before that step, the basis for which the mortgage financing information are as follows:
  • Rates are subject to change at any time.
  • Rate locks are available at current terms for 30 to 180 days based on program type, credit profile, property location, etc. which will affect the available rate and term.
  • Payments will vary based on program selection, current rates, property location, etc.
  • Not all programs are available in all states.
  • Some loan programs may not be available to first time home buyers.
  • Terms and conditions apply, which may include restrictions or limits per loan program.
  • Information is generally based on primary residence occupancy with no cash out when refinancing.
  • Unless otherwise stated, terms shown are estimates based in part on credit score of 700 or higher; owner occupancy, escrow account is established for taxes and insurance(s); debt-to-income ratio no higher than 43.0%; PMI applies to conventional loan programs over 80.0% LTV; VA,FHA & RD require insuring fees included in loan and/or payment; fixed rate, 30 year term.

An MIG Loan Officer is available to help with your financial details to determine which characteristics apply to your situation for a personalized look into which loan program best fits your home financing needs. Please use the Find a Loan Officer link or reach out to Mortgage Investors Group at 800-489-8910. Equal Housing Lender 1.2020