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10 Best Georgia Dream Mortgage Lenders of 2022

The Georgia Dream program helps you purchase a home with affordable rates and down payment assistance. See our top picks for Georgia Dream lenders.

By
NerdWallet
Jan 6, 2022

Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are listed on the page. Our opinions are our own. Here is a list of our partners.

Best Georgia Dream Mortgage Lenders

Lender
NerdWallet Rating
Min. credit score
Min. down payment
Learn more
New American Funding

New American Funding: NMLS#6606

Learn moreat New American Funding
at New American Funding
Best for non-bank

580

5%

Learn moreat New American Funding
at New American Funding
BB&T (Truist)

BB&T (Truist): NMLS#399803

4.5
/5
Best for in-person service

620

3%

SunTrust (Truist)

SunTrust (Truist): NMLS#2915

4.5
/5
Best for in-person service

620

3%

loanDepot

loanDepot: NMLS#174457

4.0
/5
Best for online experience

620

5%

Guild Mortgage

Guild Mortgage: NMLS#3274

3.5
/5
Best for FHA loan

540

3.5%

New American Funding
Learn moreat New American Funding
at New American Funding
New American Funding

New American Funding: NMLS#6606

4.5
Min. credit score

580

Min. down payment

5%

Why We Like ItGood for: First-time home buyers and other borrowers looking for a broad array of loan choices.
Pros
  • Offers a wide variety of purchase and refinance mortgages with an emphasis on helping underserved communities.
  • Its home equity line of credit can be used for an owner-occupied or second home.
  • Offers a program to enable buyers to make cash offers.
Cons
  • Mortgage origination fees tend to be on the high end, according to the latest federal data.
Read Full Review
BB&T (Truist)

BB&T (Truist): NMLS#399803

Min. credit score

620

Min. down payment

3%

Why We Like ItGood for: borrowers in the Southeast who want the option of face-to-face service. BB&T is now part of Truist Financial Corp., which offers a full menu of home loans.
Pros
  • Offers a variety of home loans, including construction-to-permanent loans, physicians loans and jumbo loans.
  • Has a robust online mortgage application.
Cons
  • Branches limited to mostly the Southeast region.
  • Custom rates are only available if you speak with a representative.
SunTrust (Truist)

SunTrust (Truist): NMLS#2915

Min. credit score

620

Min. down payment

3%

Why We Like ItGood for: first-time home buyers, doctors and other borrowers interested in low-down-payment mortgage options.
Pros
  • Offers a wide variety of loan options, including special programs for doctors.
  • Offers a complete suite of online mortgage application tools and loan tracking.
  • Sample rates and fees are easy to find on the website.
Cons
  • Customized rates aren't available online without starting an application.
  • Branches are limited mostly to the Southeast.
loanDepot

loanDepot: NMLS#174457

Min. credit score

620

Min. down payment

5%

Why We Like ItGood for: borrowers who want an easy online application and a variety of loan types to explore.
Pros
  • Has branches across the country for customers who prefer face-to-face service.
  • Receives high marks for customer satisfaction, according to J.D. Power and Zillow.
  • Mortgage interest rates tend to be on the lower end, according to the latest federal data.
Cons
  • Mortgage rates aren't available online; you'll need to contact a loan officer.
  • Doesn't offer home equity loans or lines of credit.
Guild Mortgage

Guild Mortgage: NMLS#3274

Min. credit score

540

Min. down payment

3.5%

Why We Like ItGood for: borrowers who value customer service, and first-time home buyers and others who may need the flexibility of a low-down-payment loan program.
Pros
  • Offers a wide variety of loan products, including home improvement loans and mortgages for manufactured homes.
  • Has retail branches in most states.
  • Receives high marks for customer satisfaction, according to J.D. Power and Zillow.
Cons
  • Does not offer home equity loan products.
  • Origination fees tend to be higher, according to the latest federal data.
Churchill

Churchill: NMLS#1591

Min. credit score

620

Min. down payment

3%

Why We Like ItOffers flexibility for those without credit scores, but its “debt-free” guidance may not appeal to everyone.
Pros
  • Offers loan plans for borrowers without credit scores.
  • Offers digital conveniences such as document uploads and e-signature.
Cons
  • Doesn't provide information online about rates and fees.
  • Doesn't offer home equity loans or HELOCs.
  • Lender fees are on the high side, according to the latest federal data.
Fairway Independent Mortgage
Learn moreat Fairway Independent Mortgage
at Fairway Independent Mortgage
Fairway Independent Mortgage

Fairway Independent Mortgage: NMLS#2289

Min. credit score

620

Min. down payment

3%

Why We Like ItGood for: borrowers who want access to a wide variety of mortgages, including renovation loans and ITIN loans.
Pros
  • Offers a robust suite of loan products, including ITIN loans for borrowers without Social Security numbers, renovation loans, government-backed mortgages and loans for self-employed borrowers.
  • Receives high marks for customer satisfaction, according to J.D. Power and Zillow.
Cons
  • Mortgage rates for different types of loans aren't posted online.
  • Origination fees are on the high side compared with other lenders, according to the latest federal data.
PrimeLending

PrimeLending: NMLS#13649

Min. credit score

620

Min. down payment

3%

Why We Like ItGood for: borrowers looking for closing cost assistance, as well as those seeking to renovate or to build a new home.
Pros
  • Full online application includes document uploads and automated loan updates.
  • Offers a "float-down" interest rate lock.
  • Offers government-backed mortgage and refinance options, including FHA, USDA and VA loans.
Cons
  • No online mortgage rates — you have to contact the lender for info.
  • Doesn't offer home equity products.
Homebridge

Homebridge: NMLS#6521

Min. credit score

N/A

Min. down payment

3.5%

Why We Like ItGood for borrowers who want a loan officer's help, in person or on the phone, when deciding among the wide range of available mortgage options — including loans to buy and renovate.
Pros
  • Offers a full array of mortgage products, including government and renovation loans.
  • Online portal keeps borrowers up to date on the loan application's progress.
  • Offers home equity lines of credit, or HELOCs.
Cons
  • Doesn't post interest rates on its site.
  • Lender fees are on the high side, according to the latest federal data.
Alterra

Alterra: NMLS#133739

Min. credit score

620

Min. down payment

3%

Why We Like ItGood for: first-time home buyers and those ineligible for Social Security numbers.
Pros
  • Offers an ITIN qualification path for borrowers ineligible for Social Security numbers.
  • Has a digital application process.
  • Offers government-backed mortgage options for low- to moderate-income borrowers.
Cons
  • No mortgage rates published online.
  • No home equity loans or lines of credit.
  • Generally has higher rates and fees than other lenders.
  • Branch offices not available in all states.

More from NerdWallet:

Last updated on January 6, 2022

Methodology

NerdWallet's star ratings for mortgage lenders are awarded based on our evaluation of the products and services each lender offers to consumers who are actively shopping for the best mortgage. The five key areas we evaluated include the variety of loan types and products offered, online conveniences, online mortgage rate information, and the rate spread and origination fee lenders reported in the latest available Home Mortgage Disclosure Act data. To ensure consistency, our ratings are reviewed by multiple people on the NerdWallet Mortgages team.

To recap our selections...

NerdWallet's Best Georgia Dream Mortgage Lenders of 2022

  • New American Funding: Best for non-bank
  • BB&T (Truist): Best for in-person service
  • SunTrust (Truist): Best for in-person service
  • loanDepot: Best for online experience
  • Guild Mortgage: Best for FHA loan
  • Churchill: Best for non-bank
  • Fairway Independent Mortgage: Best for fixer-uppers
  • PrimeLending: Best for fixer-uppers
  • Homebridge: Best for FHA loan
  • Alterra: Best for online experience
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