Get Sf 16 Form

Filling out the Sf 16 Form is an essential step in the Georgia Dream Homeownership Program. This guide offers a comprehensive overview and step-by-step instructions to help you complete the form accurately and efficiently online.

Follow the steps to complete the Sf 16 Form online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. In the 'Borrower' section, provide the name of the individual applying for the mortgage, and fill in the 'Property Seller' details followed by the address, including street, city, state, and zip code.
3. Calculate the acquisition cost by filling out the 'Additions' section. Start with the amount paid for the land and residence. Include additional costs like settlement costs, appraisal fees, and any interest paid during the construction period.
4. In the 'Subtractions' section, declare any personal property items being purchased, along with their values. Also include the value of services provided by family members in constructing or improving the residence.
5. Add the totals from the 'Additions' and 'Subtractions' sections to determine the total acquisition cost. Ensure all amounts are clearly entered and double-check calculations.
6. After completing all sections, sign and date the document in the signature areas designated for the borrower, co-borrower, and property seller.
7. Finally, save the changes made to the form. You can also download, print, or share the completed form as needed.

Ensure all required information is accurate and submit your completed Sf 16 Form online.