Wake and Johnston counties are growing fast and rent prices are on the rise: with housing in such high-demand, landlords can raise the price of their rentals and still be competitive in the housing market. That means more and more hard working people are priced out of homes near their work and schools. Habitat for Humanity offers affordable mortgages based on your income. You may be surprised just how many people qualify for an affordable Habitat home!
We aren't a traditional mortgage lender: by partnering with us from beginning to end, you will prepare for the various responsibilities of homeownership, including learning about personal finances, mortgages, maintenance and much more.
Habitat’s path to homeownership is an in-depth process that requires hard work, time and dedication. But this helps ensure the long-term success of Habitat homeowners. You can do it!
First Steps
Habitat homeowners must be active participants in building a better home and future for themselves and their families. Every Habitat home is an investment. For us, it is one answer to the critical need for affordable housing in our area, and we believe that stronger homes will create stronger communities.
Prospective homeowners must:
-
Demonstrate a need for safe, affordable housing,
-
Be a US citizen or permanent resident, and have lived or worked in Wake or Johnston County for the past year.
-
Be able to pay an affordable monthly mortgage. Mortgage payments are cycled back into the community to help build additional Habitat houses. Every year, income ranges are determined to help us select applicants. See the chart for this year’s income guidelines.
-
Be willing to partner with us throughout the process. This partnership includes performing “sweat equity,” or helping to build their own home or the homes of others in our program.