DreamBuilder Step-by-Step Guide
Your Complete 5-Step Journey to Homeownership
The DreamBuilder Step-by-Step Guide provides a detailed roadmap for your journey from renter to homeowner. Each step is designed to be clear, achievable, and supported by our expert team.
From consultation to ownership in 5 structured steps.
Provided by
Roxford Holdings Inc
NMLS 1843021
DreamBuilder Timeline Overview
Your complete journey from initial consultation to program enrollment typically takes 4-8 weeks.
Phase 1: Preparation
1-2 weeks
- Initial consultation
- Documentation gathering
- Pre-qualification
Phase 2: Property Selection
1-3 weeks
- Property search
- Government entity purchase
- Property approval
Phase 3: Application & Approval
1-2 weeks
- Application submission
- Underwriting review
- Final approval
Phase 4: Enrollment
1 week
- Lease signing
- Move-in coordination
- Program activation
Detailed Step-by-Step Process
Each step includes detailed requirements, timeline, and what to expect throughout the process.
Initial Consultation & Assessment
Duration: 1-2 days
Your journey begins with a comprehensive consultation to understand your goals and assess your eligibility.
What Happens:
- Schedule initial consultation with DreamBuilder team
- Review your current financial situation and homeownership goals
- Assess credit history and alternative credit sources
- Evaluate income documentation options
- Determine preliminary eligibility for the program
- Discuss timeline and expectations
Requirements:
- Basic financial information
- Credit report authorization
- Income documentation overview
- Property preferences discussion
Timeline:
Complete within 1-2 days of initial contact
Pre-Qualification & Documentation
Duration: 3-7 days
Complete the pre-qualification process and gather all required documentation for your application.
What Happens:
- Complete pre-qualification assessment
- Gather required documentation
- Submit credit report authorization
- Provide income verification documents
- Submit identification documents
- Complete property preferences form
Requirements:
- Valid government-issued photo ID
- Income verification documents
- Credit report authorization
- Property preferences and budget range
Timeline:
Documentation collection typically takes 3-7 days
Property Selection & Government Entity Purchase
Duration: 1-3 weeks
Work with our team to find your dream home, which is then purchased by an FHA Eligible Government Entity.
What Happens:
- Property search within approved areas
- Property inspection and evaluation
- Government entity purchase approval process
- Lease agreement preparation
- Property condition assessment
- Final property approval
Requirements:
- Property within approved areas
- Property meets program guidelines
- Government entity approval
- Property inspection passed
Timeline:
Property selection and purchase typically takes 1-3 weeks
Application Submission & Approval
Duration: 1-2 weeks
Submit your complete application for final review and approval by our underwriting team.
What Happens:
- Complete application form submission
- Documentation verification and review
- Underwriting assessment
- Credit and income evaluation
- Final approval decision
- Program enrollment preparation
Requirements:
- Complete application form
- All required documentation
- Credit and income verification
- Property approval confirmation
Timeline:
Application review and approval typically takes 1-2 weeks
Program Enrollment & Move-In
Duration: 1 week
Complete enrollment in the DreamBuilder program and begin your lease-to-own journey.
What Happens:
- Lease agreement signing
- Move-in coordination and scheduling
- Equity building program activation
- Monthly payment structure establishment
- Ongoing support and guidance setup
- Welcome to your future home
Requirements:
- Signed lease agreement
- Move-in coordination completed
- Payment structure established
- Program orientation completed
Timeline:
Program enrollment and move-in typically takes 1 week
Required Documentation
To streamline your application process, please have the following documents ready. Our team will guide you through collecting and submitting all required materials.
Personal Identification
- Valid government-issued photo ID
- Social Security Number (if applicable)
- Individual Taxpayer Identification Number (ITIN)
- DACA documentation (if applicable)
Income Verification
- W-2 forms (last 2 years)
- 1099 forms (if self-employed)
- Bank statements (last 3 months)
- Profit & Loss statements (if applicable)
- Pay stubs (last 30 days)
Credit Information
- Credit report authorization
- Alternative credit sources (utility bills, rent payments)
- Explanation of any credit issues
- Credit improvement plan (if needed)
Property Information
- Desired property location preferences
- Budget range and affordability assessment
- Property type preferences (single-family, townhouse, etc.)
- Timeline for homeownership goals
DreamBuilder Program Benefits
Throughout your step-by-step journey, enjoy these comprehensive program benefits designed for your success.
96.5% LTV Financing
Maximum financing up to 96.5% loan-to-value ratio
580 Credit Score Minimum
Credit scores below 580 considered on case-by-case basis
ITIN & DACA Eligible
Individual Taxpayer Identification Number and DACA individuals welcome
Flexible Income Documentation
FHA Full Documentation, Bank Statements, P&L, 1099s accepted
Earned Equity Building
Build equity while renting, positioning for FHA-level financing
Government Entity Purchase
FHA Eligible Government Entity purchases your future home
DreamBuilder Step-by-Step Success
Proven process with clear milestones and support at every step
Clear Process
Total Timeline
Guided Support
Maximum LTV
Ready to Start Your Step-by-Step Journey?
Now that you understand the complete process, take the first step toward homeownership. Our team is ready to guide you through every step of your DreamBuilder journey.
Questions About the Steps?
23015 Colonial Parkway
Building A, Suite A108-2
Katy, TX 77449
Call for step-by-step guidance
Email for process questions
NMLS 1843021