Partner families are always selected based on their need for decent housing, ability to pay a mortgage and willingness to partner with Habitat. Please note that Habitat for Humanity follows a nondiscriminatory policy of family selection, and neither race nor religion is a factor in choosing the families who purchase Habitat houses.
Applicants must meet several qualifications to ensure success. In general, applicants must:
- Be in need of housing,
- Have permanent residency status in the United States,
- Have lived or worked in Alamance County for at least a year,
- Have steady, documentable income,
- Have good credit or be willing to resolve all outstanding credit concerns, and
- Earn a monthly income that falls within minimum and maximum limits, depending on household size.
Once selected into the program, each partner family will be required to:
- Invest 200 hours of sweat-equity in building his/her home and others,
- Make a $300 down payment, and
- Attend homeowner education classes.
When the partner family has completed the required hours of sweat-equity, and their house is built, their 20 year, interest-free mortgage loan will be closed. Before signing the legal documents for home ownership, the partner family will pay approximately $875 in closing costs and have their first month’s payment in savings. Our Habitat homeowners are then required to make timely mortgage payments over the life of the mortgage loan.