How Do I Become a Homeowner?

Candidates for Habitat home ownership must be able to answer " yes" to all of the following:

	The place where I currently live is overcrowded
	The place where I currently live is too expensive, run-down or temporary
	I have lived in the Salt Lake or Tooele county area for at least 1 year
	I am not currently a home owner
	I have not filed for bankruptcy in the last two years, and, if I filed bankruptcy in the previous seven years, I have improved my spending habits
	My family is willing to put in 200-400 hours of work toward the construction of Habitat homes
	I will attend Homeowner Education classes
	I am willing to learn as much as possible necessary to become a successful homeowner, and I am ready to assume the responsibilities of home ownership
	My family's income meets the Habitat for Humanity income guidelines
	I want to become a part of the Habitat family, including being a positive partner with Salt Lake Valley Habitat for Humanity

Find out about our next public meeting here.

Becoming a Habitat for Humanity is more than just receiving a house. It is a partnership process that spans years. Habitat for Humanity works side by side with hard working families that earn between 30%-60% of the Area Median Income.

Families begin the process of homeownership by attending a public meeting. This meeting is two hours long and is an in-depth explanation of the Habitat for Humanity program and the partnership requirements of being a Habitat for Humanity family. Applications are given to those in attendance at the meeting.

Once a family has been approved they begin the sweat equity process. Habitat homeowners work 200 to 400 hours building the homes in their community and attending ten life skills education classes. When the family has completed their sweat equity hours, and the house assigned to them is completed, they will sign the mortgage on their home.

All Habitat for Humanity homes are sold at cost with a zero percent interest loan. The monthly mortgage payment will be between 25%-40% of the household income. A Habitat for Humanity mortgage is similar to a traditional mortgage, except that a Habitat homeowner will never pay interest on their mortgage.

Many Habitat for Humanity families continue to help after they have moved in and their mortgage is paid off by volunteering at the construction site and at special events. The mortgage payments families make are deposited directly in to the “Fund for Humanity” and are used to support construction of new, decent, affordable housing.

Still have more questions:
Email   Margaret@habitatsaltlake.com

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - © 2007 Salt Lake Valley Habitat for Humanity. All rights Reserved. Privacy Policy. Website by