Homeownership

an affordable home

Habitat works to eliminate barriers to a better, healthier, more financially stable life. With our help, Habitat homeowners achieve the strength, stability and independence they need to build a better future for themselves and their families.

we care. we want to help.

Bend Habitat builds and sells 6-9 affordable homes a year to qualified individuals and families in our community. Mortgages are affordably set at approximately 33% of the homeowner’s income at the time of loan application.

housing information sessions

These are the first requirement towards your application to the Habitat Homeownership program.Our next session is scheduled for April 5th at 5:30pm click here for more details

Qualifying families are selected based on:

What are the Steps to Homeownership?

Step 1- Initiating the Partnership

  • Attend a Housing Information session
  • Fill out an intake form and complete a client housing counseling appointment
  • Fill out a Housing Program Partnership Application.
  • Paper work will go to underwriting
  • Selection phase includes a home visit and board approval.

Step 2- Program Acceptance

You will receive notification from us, either a letter of acceptance to the program or an adverse action letter.

Step 3 -Partnership Program Agreement

  • If accepted -Sign the Partnership Program Agreement and Review the Program Requirements with Bend Habitat Homeownership staff
  • if you were denied at this time– establish a corrective action plan for future application- we can help you with this.

 

Step 4- Sweat Equity and Education

  • Put in Sweat Equity hours
  • Contribute to a Matched Savings Fund
  • Participate in Financial Coaching
  • Attend a Home Readiness class
  • Complete Housing/Credit Application
  • Have preliminary loan document review.

 

Step 5- Purchasing your home

Home loan application and Home dedication ceremony.