1. INQUIRE ABOUT OUR PROGRAM
Visit bendhabitat.org/homeownership and submit an inquiry form.
2. ATTEND AN INFORMATION SESSION
For your convenience we host information sessions monthly, choose from either a lunch hour session or an early evening session.
Check the schedule for available dates and RSVP.
3. SCHEDULE A CLIENT INTAKE APPOINTMENT
In this one-on-one housing counseling session you will learn about mortgage readiness and set specific financial goals towards home purchasing. Previous attendance at an information session is required. The following items will also be needed before scheduling your intake appointment: Supporting Document Checklist
4. SUBMIT A PROGRAM APPLICATION
Open application cycles for Habitat Housing happen usually twice a year.
5. GET SELECTED
To get selected to become a Habitat partner, you would have to pass committee underwriting, which includes a Home Visit. The Committee will make selections and present to the Board of Directors. This phase can take 8 weeks or more. Upon selection, you will be notified and scheduled for a Partnership Agreement review meeting.
6. BECOME A PARTNER
Habitat Program Requirements:
500 hours of Sweat Equity (200 per adult in household)
Saving for closing costs
Financial Fitness Classes (Neighbor Impact)
Home buyer HUD Certification (Neighbor Impact)
To stay qualified for a mortgage loan you are required to:
Keep a minimum income for your household size.
Minimum credit score of 620
Short term debt lower than 12%
No collection accounts.
If self-employed, you will be required to submit 3 years of tax returns (showing minimum income guidelines).
7. APPLY FOR HOMELOAN
To qualify for a home loan your credit report will be pulled again and you will submit supporting documents. You will attend a document review meeting, a dedication planning, home walk through inspection, and other preparation for moving.
8. PURCHASE YOUR HOME
Habitats around the world throw a little party to celebrate your moving into your new home. We make sure to thank all donors and volunteers who work along your side to make this dream possible. During the first year of home-ownership, your home is covered by Habitat builder warranty and you will also be required to complete three post-purchase workshops before the end of the 12th month.