Habitat for Humanity of DeKalb County Homeownership Program

What is Habitat for Humanity of DeKalb County Homeownership Program?

Habitat for Humanity of DeKalb County Homeownership Program is a first mortgage for homebuyers in DeKalb, Illinois, administered by Habitat for Humanity of DeKalb County, IL.

• Habitat for Humanity of DeKalb County partners with low-income families to build and purchase energy-efficient homes at 0% interest. Families must have lived or worked in DeKalb County for at least one year, be U.S. citizens or permanent residents, complete 250 sweat equity hours, and demonstrate need and ability to repay. A Veterans Build program is also active.
• 0% interest affordable mortgage.
• 250 sweat equity hours replace down payment.
• Energy-efficient green-built homes.
• Veterans Build program.
• Funding comes from Habitat for Humanity of DeKalb County private/nonprofit; Kishwaukee United Way partner.

Do you have to pay it back?

Habitat for Humanity of DeKalb County Homeownership Program is a first mortgage and is repaid under the terms set by Habitat for Humanity of DeKalb County, IL.

• Repayment is triggered by Sale, transfer, or refinance.
• The assistance is recorded in first position.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Habitat for Humanity of DeKalb County Homeownership Program is open to buyers who will live in the home as their primary residence.

What kind of home can it be used for?

Habitat for Humanity of DeKalb County Homeownership Program caps the purchase price as follows: Homes sold at affordable Habitat price.

• Eligible property types include Single Family.
• New construction is eligible.
• Manufactured homes are not eligible.

Where does it apply?

Habitat for Humanity of DeKalb County Homeownership Program serves buyers purchasing in DeKalb, Illinois.

How do you apply?

Applications for Habitat for Humanity of DeKalb County Homeownership Program go through Habitat for Humanity of DeKalb County, IL, which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program, through Habitat DeKalb County classes; Operation Hope homebuyer workshop.

2. 2

   Contact Habitat for Humanity of DeKalb County, IL to reserve funds

   Funds are reserved through Application to family selection committee, and are subject to availability.

3. 3

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.