Rutherford County Habitat for Humanity Homeownership Program (SHLP)
Rutherford County Habitat for Humanity Homeownership Program (SHLP) is a first mortgage for homebuyers in Rutherfordton, North Carolina, administered by Rutherford County Habitat for Humanity.
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). Requires homebuyer education + 2 hrs one-on-one counseling. Contact: 828-248-3178, PO Box 1534, Rutherfordton NC 28139.
- A home in Rutherford County
It doesn’t cover
- Households above 80% of area median income
- Homes outside Rutherford 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 Rutherford 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
Rutherford County’s homesRutherford County’s homes, and the ones this program accepts
- 72.3% single-familysingle-family
- 1.8% townhousetownhouse
- 4.2% 2–4 units2–4 units
- 3.8% 5+ unitscondo & apartment buildings (5+ units)
- 17.9% 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.
$201,800
Rutherford County median home value
49%
built before 1980
U.S. Census Bureau, ACS 2024 5-year. More about buying in Rutherford 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 Rutherford County Habitat for Humanity 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 Rutherford County Habitat for Humanity Homeownership Program (SHLP)?
Rutherford County Habitat for Humanity Homeownership Program (SHLP) is a first mortgage for homebuyers in Rutherfordton, North Carolina, administered by Rutherford County Habitat for Humanity. Funding comes from NCHFA Self-Help Loan Pool (SHLP).
How much assistance does it provide?
Rutherford County Habitat for Humanity Homeownership Program (SHLP) offers up to $50,000 in assistance. Amounts are the program's published maximums, not an offer — Rutherford County Habitat for Humanity determines any individual award.
Do you have to pay it back?
Rutherford County Habitat for Humanity Homeownership Program (SHLP) is a first mortgage and is repaid under the terms set by Rutherford County Habitat for Humanity. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.
Who qualifies?
Rutherford County Habitat for Humanity Homeownership Program (SHLP) sets its eligibility rules through Rutherford County Habitat for Humanity, 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). Requires homebuyer education + 2 hrs one-on-one counseling. Contact: 828-248-3178, PO Box 1534, Rutherfordton NC 28139.
What are the income limits?
Rutherford County Habitat for Humanity 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?
Rutherford County Habitat for Humanity Homeownership Program (SHLP) can be used for single_family.
Where does it apply?
Rutherford County Habitat for Humanity Homeownership Program (SHLP) serves homebuyers purchasing in Rutherfordton, North Carolina.
How do you apply?
Applications for Rutherford County Habitat for Humanity Homeownership Program (SHLP) go through Rutherford County Habitat for Humanity, 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 Rutherford County homebuyersOther programs open to Rutherford 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 Rutherford CountyProgram terms are set by Rutherford County Habitat for Humanity and can change; confirm on the official site before you apply.