Homeownership

Eligibility RequirementsHomeowners

Homeownership applicants must:

  • Live or work in Durham County for at least 6 months
  • Be A US Citizen or permanent resident
  • Have a stable income of at least $1,458 per month, but earn less than 60% of Durham's median income
  • Be able to provide closing costs (1% of the total cost of the home, which is roughly $1,300)
  • Demonstrate that your current housing is overcrowded, physically substandard, too expensive, unsafe or prove that you are living in subsidized housing
  • Demonstrate a willingness to partner by performing at least 250 hours of sweat equity

Expectations

If you are approved, you will be expected to:

  • Invest a minimum of 250 sweat equity 
  • Complete a financial literacy program
  • Make timely mortgage payments each month
  • Maintain your home
  • Be an active member of the Durham community
  • Stay connected to Durham Habitat throughout the term of your mortgage

The 4 Step Process to Homeownership

The homeownership process typically takes between six and twelve months. 

1. Pre-Qualifying Application

Complete the online questionnaire below to express interest in Durham Habitat's homeownership program. 

If you meet the initial requirements, a pre-qualifying application and an authorization and release form will  be mailed to you.

If you do not meet the initial requirements, based on information submitted through the questionnaire, Durham Habitat will send an email stating the reason(s) for denial.

2. Mortgage Application

If you are pre-qualified, Habitat will mail you the full Homeownership Application. 

If you are not pre-qualified, Habitat will mail you a letter of explanation and suggested next steps. Families are welcomed and encouraged to start the process again upon resolution of denial issues. 

3. Home Visit

If your Homeownership Application is approved, a volunteer on Durham Habitat's Family Selection Committee will contact you to schedule a home visit. Pending approval by this committee, your application will be referred to the Durham Habitat Board of Directors for final approval. 

If your Homeownership Application is not approved, Habitat will mail you a letter of explanation and suggested next steps. Families are welcomed and encouraged to start the process again upon resolution of denial issues. 

4. Final Approval

If you are approved by Durham Habitat's Board of Directors, you are invited to begin your partnership with Durham Habitat!

Click here to complete the online questionnaire

Please contact Lesley at (919)-682-0516 x102 with any questions.

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Habitat Success Stories

Twenty years ago, Bob came to a Habitat construction site, and he's been volunteering since. "Framing is the fun part," Bob says, "but my favorite task is roofing." He also leads a youth group in making rain barrels for each Habitat home.

Bob