Home Qualifications

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Habitat is focused on providing the life changing opportunity of home ownership to hardworking families who simply cannot qualify through traditional methods. Our homeowners can make the payments of $500-$600 per month for a home, but cannot afford the 20% down payment required by most lenders. They also cannot afford the interest on a 20 or 30 year mortgage.

Habitat Partner Families don’t need to be perfect. After all, who is? They do need to show they pay their bills, have corrected or are correcting past mistakes and are working for a better life.

Habitat Partner Families are evaluated on three basic criteria

  • Housing Need
  • Ability to Pay
  • Willingness to Partner

1. Housing Need

A housing need is determined when one or more of the following are met:

  • Unsafe living environment
  • Severely overcrowded space
  • Temporary housing
  • Housing cost is too high for income
  • Inability to qualify for homeownership through other options

2. Ability to Pay

  • Affordable monthly morgtage payment (includes principal, taxes, and insurance)
  • Have steady income
  • Ability to make a down payment
  • Have no currently or pending defaults, unpaid judgments or liens
  • Have been out of Chapter 13 Bankruptcy for at least one year
  • Have been out of Chapter 7 Bankruptcy for a lest two years

3. Willingness to Partner with Habitat

When we accept a partner into the Habitat Family, we hope they are as excited about the endeavor as we are. To show their willingness to walk this process with us, we ask our families to:

  • Perform Sweat Equity or “hands-on” labor in the ReStore and on build sites
  • Participate in free Educational Programs, such as household budgeting and maintenance education
  • Accept the design of our homes and live in the neighborhoods which have donated land; we try to match a partner family with the plot that best serves their preferences
  • Be a positive representative of Habitat at all times, you are now one of the smiling faces of our organization, wear it proudly!
  • Contribute to public awareness about Habitat for Humanity and be willing to share your story with the media

Other things to know

  • To really understand our program you will need to both complete the Housing Interest Form AND attend an Orientation Meeting
  • Preference is given to families who have lived or worked in Champaign County for at least one year
  • If a family leaves the program for any reason after performing Sweat Equity there is no compensation for the hours performed
  • Because builds are based on availability of land, materials, donations and volunteers, there is no guarantee for a home

Habitat strives to serve low-income families who cannot become homeowners through conventional means. Homebuyers will be between 30-60% annual MFI.

There is no time like the present to get started!

Complete the Home Interest Form

For more information call 217-359-0507 ext 1066

or write to:
Habitat for Humanity
Housing Interest Form Request
119 E. University Ave
Champaign, IL 61820