Habitat for Humanity of Lauderdale County Homeownership Program

Habitat for Humanity of Lauderdale County Homeownership Program is down payment assistance for homebuyers in Meridian, Mississippi, administered by Habitat for Humanity of Lauderdale County. Habitat affiliate serving Lauderdale County provides newly constructed homes sold via 0%-interest affordable mortgage. Over 80 families housed since 1989. Families selected based on need, willingness to partner (sweat equity), and ability to repay. Also operates Brush with Kindness elderly/disabled/veteran repair program. No dedicated affiliate website found; contact directly for application cycle details. 0%-interest mortgage; sweat equity; affordable new construction homeownership in Meridian area. Funding comes from Habitat for Humanity affiliate fundraising, donations.

Habitat for Humanity of Lauderdale County Homeownership Program is down payment assistance and is repaid under the terms set by Habitat for Humanity of Lauderdale County. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Habitat for Humanity of Lauderdale County Homeownership Program is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. On credit, the program states: Not published; must demonstrate ability to repay affordable mortgage. A homebuyer education course is required. No dedicated affiliate website confirmed as of verification date; contact 601-485-4992 at 1001 29th Ave, Meridian MS 39301 for current application cycle. Hours Mon-Fri 10am-4pm CST. Program active cyclically; specific income AMI % and sweat equity hour count not confirmed from primary source.

Habitat for Humanity of Lauderdale County Homeownership Program sets its income limit as follows: Must demonstrate level of need and ability to pay affordable mortgage; specific AMI % not confirmed — contact affiliate directly. The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Habitat for Humanity of Lauderdale County Homeownership Program caps the purchase price as follows: Habitat-built home; purchase price set by affiliate as affordable 0%-interest mortgage. Eligible property types include single_family. New construction is eligible. Manufactured homes are not eligible.

Habitat for Humanity of Lauderdale County Homeownership Program serves homebuyers purchasing in Meridian, Mississippi.

Applications for Habitat for Humanity of Lauderdale County Homeownership Program go through Habitat for Humanity of Lauderdale County, which publishes the current terms and the application steps on its own site. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.