How to Qualify for Homeownership: To apply and qualify to become a Habitat homeowner you must meet the following three criteria and additional requirements:
NEED FOR A HOME (ONE OF THE FOLLOWING SITUATIONS MUST APPLY)
How to Qualify for Homeownership: To apply and qualify to become a Habitat homeowner you must meet the following three criteria and additional requirements:
NEED FOR A HOME (ONE OF THE FOLLOWING SITUATIONS MUST APPLY)
ABILITY TO PAY
Income Requirements
*Gross income (before taxes and deductions are taken from paychecks)
We count income from job wages, court order child support, alimony, Social Security Survival benefits (SSDI), Supplemental Security Income (SSI) and Disability.
Credit Check
Habitat will conduct a credit check. Medical debt is not taken into consideration and we do not look at credit scores. Instead, we consider your credit history. However, non-medical accounts in collection, charge-offs or unsatisfied public records need to be resolved prior to approval.
Bankruptcy release date must be at least four years old
Total Number of People in Household |
Minimum Annual Gross Income (depending on the size of home that applicants qualify for) |
Maximum Income Limits* |
1 |
$34,956 to $36,400 |
$44,800 |
2 |
$34,956 to $36,400 |
$51,200 |
3 |
$34,956 to $36,400 |
$57,600 |
4 |
$34,956 to $36,400 |
$64,000 |
5 |
$34,956 to $36,400 |
$69,150 |
6 |
$34,956 to $36,400 |
$74,250 |
7 |
$34,956 to $36,400 |
$79,400 |
8 |
$34,956 to $36,400 |
$84,500 |
If you have credit issues and would like assistance to help solve them, please contact one of the following HUD approved Credit Counseling Agencies for a free Budget and Credit Counseling:
FREE Credit Reports. Federal Law allows you to:
You can request you free credit reports on below link.
WILLINGNESS TO PARTNER
Willing to complete the required 300 sweat equity hours to help build your own and other Habitat homes
Willing to attend the Homebuyer Education Workshop (spread out over three Saturday’s from 8:30 am to 4:30 pm)
Willing to complete the mentoring program
ADDITIONAL REQUIREMENTS
Must be a first time homeowner (cannot have owned a home within the past 3 years, except for a mobile home)
Must live or work in Martin County for twelve (12) months prior to applying with Habitat
All adults in household must pass a criminal background check
All members in household must be either US citizens or legal permanent residents (green card)
Habitat for Humanity is pledged to the letter and spirit of the U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to becoming a homeowner due to race, religion, sex, handicap, familial status or national origin.