Apply for a Home

• Your current living situation is inadequate for your household; you have a serious need for an affordable home.
• Applicant households must be willing to commit 250 hours of “sweat equity” per adult to building the home and have a housing need.
• Your total household income is no higher than 80% of area median income by household size. Please see the chart below. In some instances, the maximum allowable is 60% of median income. Please note: Income guidelines are revised annually. Last updated April 2025.

60% and 80% of Area Median Income by Household Size     

Effective April 1, 2025. (Adjusted Annually by HUD/FHLBB)

• You don’t qualify for a conventional mortgage for a market-priced home.
• You do not currently own a home, and have not owned a home in the last three years (some exceptions apply).

• You have a stable income, and enough income to pay a monthly mortgage, including taxes and insurance, of $1,552 – $2,071 (depending on house size and term of mortgage).
• You are deemed “credit-worthy.” We will evaluate your current debt and other living expenses compared to your income. Although we do look at credit reports, we do not use credit scores. If you are taking steps to repair any credit problems, we will take that into consideration.

• You are willing to complete 250 hours per adult of “sweat equity” working on construction of Habitat homes.
• You will complete homeownership courses and various other service requirements.

Aside from filling out an application, there are certain documents that are always required from our applicants. You can collect this documentation and keep it organized, safe, and ready.

Documentation required to apply for a mortgage:

• Tax returns: You will be required to submit copies of tax returns from the three most recent years. So be sure to file your taxes, save a copy, and save copies of your W-2s. You should be aware that non-documented income (such as under the table income) will be an obstacle to qualifying for a mortgage.

• Income documentation from employment or self-employment: If you are employed, you will need to submit a series of recent paystubs. If you are self-employed, you should maintain financial records so that you can submit profit and loss statements, as well as 1099s or other relevant documentation.

• Regular income: Child support, social security, veteran’s benefits, transitional assistance, or other. Be sure to save your most recent award letters, court order, etc. to be able to document this type of income.

• U.S. citizen or legal permanent residence papers: You will need your U.S. passport or your U.S. birth certificate, or your documentation of permanent legal residency. Keep the original and submit a copy with your application.

• Bills and bank statements: You will need to submit the most recent copies at the time of your application.

In addition, you can take steps to repair your credit, if needed. We strongly encourage you to request a copy of your credit report – FREE. Do not be tricked by commercials or internet advertisements that charge for this service! Call Central Source at 1-877-322-8228, or visit  Annual Credit Report.

If there are errors, you can take steps to correct them. We understand that families have debt. If you have a debt work-out plan and are keeping up with your payments, it will be favorably considered by our credit reviewers.