Pay with PayPal or a debit/credit card

Qualifying for a Habitat Home

  

3 Areas of Eligibility

Specific Criteria

Files coming soon.

Frequently Asked Questions

How much is a typical mortgage payment?

How much is a typical mortgage payment?

How much is a typical mortgage payment?

A typical mortgage for a Habitat home can change annually based on construction costs for the home. In 2020, a mortgage on a three- bedroom home is expected to range from    $80,000-$85,000. This would translate into a     $525-$550 monthly mortgage payment. Mortgage payments include escrow for homeowner's insurance and property taxes.

What kind of income do I need?

How much is a typical mortgage payment?

How much is a typical mortgage payment?

All prospective homeowners must have a stable source of long term income. This could be income from employment, Social Security, disability, child support, etc. If child support is being used as one of the income sources, it would need to continue for at least 3 years.  

What size of homes are offered?

How much is a typical mortgage payment?

What size of homes are offered?

Habitat currently offers 3 and 4 bedroom floor plans, depending on the size of the family. A 3 bedroom is approximately 1,200 square feet. The 4 bedroom is approximately 1,350 square feet. Both floor plans offer an open concept living room - kitchen/dining area, 2 full bathrooms, mud room with side entrance, a front porch and shed in the back yard.

Can I have past collections?

When are applications accepted?

What size of homes are offered?

All collections must be satisfied with a $0 balance. This could either be paid in full or a settlement amount the collector is willing to accept. Habitat encourages all families to use a free credit reporting agency to determine if they have any collections and then make a plan to begin negotiating with collectors.

Do you look at credit scores?

When are applications accepted?

When are applications accepted?

Habitat does not look at individual credit scores. Instead we look at recent financial behavior and habits. At the time of application, every applicant signs an agreement that allows us to access their credit report and also conduct verification's with employers, landlords and utility companies.  

When are applications accepted?

When are applications accepted?

When are applications accepted?

Each year, Habitat's board of directors determines when applications will be accepted and how many families to approve. Anyone interested in learning more about our work and requirements is encouraged to contact Melissa, at the Habitat office 217-348-7063 or by email at colescountyhabitat@consolidated.net