Habitat for Humanity of Randolph County Homeownership Program (SHLP)
Habitat for Humanity of Randolph County Homeownership Program (SHLP) is a first mortgage for homebuyers in Asheboro, North Carolina, administered by Habitat for Humanity of Randolph County, N.C., Inc.
The program asks for
- A completed homebuyer education course
- Buyer must participate in construction or rehab of their home (sweat equity). NCHFA SHLP provides shared 0% amortizing mortgage (20-30 yr, up to $50K). Must complete homebuyer education + 2 hrs one-on-one counseling. Contact: 336-625-1429, PO Box 669, Asheboro NC 27204.
- A home in Randolph County
It doesn’t cover
- Households above 80% of area median income
- Homes outside Randolph County
These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.
Income limit
80% of Randolph County’s area median income
HUD sets the area median income each year. The limit changes with household size, so a family of five has a higher limit than a single homebuyer.
Where it applies
Randolph County’s homesRandolph County’s homes, and the ones this program accepts
- 68% single-familysingle-family
- 2.6% townhousetownhouse
- 4.9% 2–4 units2–4 units
- 6.2% 5+ unitscondo & apartment buildings (5+ units)
- 18.3% mobile & othermobile home & other
A tick marks a kind of home the program’s record lists. The agency confirms it for the home you choose.
$197,100
Randolph County median home value
41.3%
built before 1980
U.S. Census Bureau, ACS 2024 5-year. More about buying in Randolph County
How to apply
How to applyThree steps, in this order
Take a homebuyer education course
Required by the program before funds are reserved.
Contact Habitat for Humanity of Randolph County, N.C., Inc. to reserve funds
Funds are reserved with the provider and are subject to availability.
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 homebuyer can take it to a lender or housing counselor.
Questions about this program
What is Habitat for Humanity of Randolph County Homeownership Program (SHLP)?
Habitat for Humanity of Randolph County Homeownership Program (SHLP) is a first mortgage for homebuyers in Asheboro, North Carolina, administered by Habitat for Humanity of Randolph County, N.C., Inc. Funding comes from NCHFA Self-Help Loan Pool (SHLP).
How much assistance does it provide?
Habitat for Humanity of Randolph County Homeownership Program (SHLP) offers up to $50,000 in assistance. Amounts are the program's published maximums, not an offer — Habitat for Humanity of Randolph County, N.C., Inc. determines any individual award.
Do you have to pay it back?
Habitat for Humanity of Randolph County Homeownership Program (SHLP) is a first mortgage and is repaid under the terms set by Habitat for Humanity of Randolph County, N.C., Inc.. 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 Randolph County Homeownership Program (SHLP) sets its eligibility rules through Habitat for Humanity of Randolph County, N.C., Inc., and does not restrict applicants to first-time homebuyers. A homebuyer education course is required. Buyer must participate in construction or rehab of their home (sweat equity). NCHFA SHLP provides shared 0% amortizing mortgage (20-30 yr, up to $50K). Must complete homebuyer education + 2 hrs one-on-one counseling. Contact: 336-625-1429, PO Box 669, Asheboro NC 27204.
What are the income limits?
Habitat for Humanity of Randolph County Homeownership Program (SHLP) limits household income to 80% of the area median income, which varies by county and household size. Household income at or below 80% of Area Median Income. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.
What kind of home can it be used for?
Habitat for Humanity of Randolph County Homeownership Program (SHLP) can be used for single_family.
Where does it apply?
Habitat for Humanity of Randolph County Homeownership Program (SHLP) serves homebuyers purchasing in Asheboro, North Carolina.
How do you apply?
Applications for Habitat for Humanity of Randolph County Homeownership Program (SHLP) go through Habitat for Humanity of Randolph County, N.C., Inc., 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.
Also for Randolph County homebuyersOther programs open to Randolph County homebuyers
- NC 1st Home Advantage Down PaymentUp to $15,000
- Down Payment AssistanceUp to $2,500
- Community Partners Loan Pool (CPLP)Deferred
Whether two programs can be combined is up to each agency. Ask before you apply.
All 69 programs for Randolph CountyProgram terms are set by Habitat for Humanity of Randolph County, N.C., Inc. and can change; confirm on the official site before you apply.