How to qualify for a Habitat home
Thank you for your interest in becoming a Habitat homeowner. We believe that everyone should have a safe, affordable place to call home.
To carry out our vision, we partner with individuals and families from application through construction to when the keys are handed over.
By working with us from beginning to end, we can help prospective individuals prepare for the various responsibilities of homeownership, including learning about personal finances, mortgages, maintenance and upkeep of homes, and much more.
Habitat’s path to homeownership is an important and in-depth process, requiring hard work, time and dedication. But this helps to ensure the long-term success of Habitat homeowners.
In order to be eligible for the FAHFH Homeownership Program, you must be a resident or work in Cumberland, Bladen or Sampson County and meet the following criteria.
DEMONSTRATE NEED: You may qualify if your present housing meets one or more of the following:
If you are homeless
Do not qualify for a conventional mortgage.
HAVE THE ABILITY TO PAY: Have a minimum gross monthly income of $1700. The ability to pay is reviewed on a case-by-case basis. It is predicted on income, expenses, current debt, and other financial obligations. You must demonstrate a consistent, stable, documented source of income; no unsatisfied liens, judgements; and the ability to pay $500-$600 a month for a mortgage payment
BE WILLING TO PARTNER:
Completion of 300 hours of Sweat Equity. You must be willing to submit to a home visit and meeting with our Family Matters Committee during the application process. Approved Homebuyers complete all mandatory requirements of the Homeownership Program. An applicant cannot choose the specific location of their home and must be willing to accept a newly constructed or rehabilitated home, assigned based on availability. You must also agree to incur no new debt as a condition of acceptance into the program.
First step is to fill out our Orientation Form, this will place you in the waiting list for Orientation. Orientation will give you an in depth guide of the process and is an open space to ask questions about the process.