Homeownership FAQ
About Habitat for Humanity
What is Habitat for Humanity?
Habitat for Humanity is a nonprofit organization dedicated to helping families and individuals build and improve safe, affordable places to call home. We work alongside communities to promote sustainable homeownership.
Who does Habitat for Humanity help?
Habitat serves low-income families and individuals who:
- Demonstrate a need for affordable housing.
- Have the ability to pay an affordable mortgage.
- Are willing to partner with Habitat by completing sweat equity hours.
The Application Process
How can I apply for a Habitat home?
Applications are accepted during open application cycles, which vary each year. Sign up for our monthly Habitat newsletter on our website to stay informed about application dates.
What are the requirements to qualify?
Applicants must:
- Complete an application form with documentation of income, employment, and housing needs.
- Demonstrate a need for better housing.
- Low to moderate income
- Show the ability to repay an affordable 0% interest mortgage.
- Commit to completing sweat equity hours.
How long does the application process take?
The timeline varies but typically takes several months. The process may include submitting your application, attending an interview, and participating in a home visit for evaluation.
The Homebuying Process
How are homes assigned to families?
Homes are assigned based on availability and the family's specific needs, such as household size and other factors.
How much will my home cost?
The cost of Habitat homes varies. Monthly payments are less than 30% of monthly income. Monthly payments include taxes, insurance, and the mortgage principal.
Can I personalize my home?
Habitat homes are not custom-built, but within certain guidelines, you may have opportunities to choose finishes, such as flooring or fixtures, during construction.
What is the down payment amount for a Habitat home?
The down payment is approximately $1,000.
Where are Habitat homes built?
We build homes in Houston County, Georgia. Locations vary based on availability.
Partnership Expectations
Do I have to volunteer to receive a home?
Yes, Habitat homeowners are required to complete "sweat equity" hours. These may include building your home, assisting on other Habitat projects, or participating in workshops.
What are sweat equity hours?
Sweat equity hours refer to the volunteer time that applicants contribute to Habitat projects. This can include:
- Construction work.
- Attending homeowner education workshops.
- Volunteering at the ReStore.
- Supporting other Habitat initiatives.
Completing these hours is a critical part of the partnership and demonstrates your commitment to the program.
General Questions
Can I apply for a home if I have bad credit?
Yes. Habitat evaluates applicants holistically. While good credit is preferred, we consider your overall financial situation and ability to make consistent payments.
Can I reapply if I'm denied?
Yes, you are encouraged to reapply if your circumstances change.