Habitat for Humanity in Wayne County Homeownership Program

What is Habitat for Humanity in Wayne County Homeownership Program?

Habitat for Humanity in Wayne County Homeownership Program is a first mortgage for homebuyers in Wooster, Ohio, administered by Habitat for Humanity in Wayne County, Inc.

• Habitat for Humanity in Wayne County partners with income-qualified families to build and purchase a Habitat home with an affordable no-interest (0%) mortgage. Partner families complete 300+ sweat-equity hours per adult (at least 6.5 hrs/month), attend financial and homeownership education, and save toward a down payment. The path from application to move-in typically takes two to three years. Applications are not currently open; interested households join a phone wait list with monthly call-ins.
• No-interest (0%) mortgage.
• Monthly payment ~25% of income (PITI).
• Financial and homeownership education.
• Family Advocate support.
• Funding comes from Habitat affiliate (donations, recycled mortgage payments, volunteer labor).

Do you have to pay it back?

Habitat for Humanity in Wayne County Homeownership Program is a first mortgage and is repaid under the terms set by Habitat for Humanity in Wayne County, Inc..

• 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 in Wayne County Homeownership Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

Habitat for Humanity in Wayne County Homeownership Program sets its income limit as follows: Within Habitat income guidelines by household size (low-to-moderate income); specific thresholds determined during application.

• 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.

What kind of home can it be used for?

Habitat for Humanity in Wayne County Homeownership Program can be used for Single Family.

• New construction is eligible.
• Manufactured homes are not eligible.

Where does it apply?

Habitat for Humanity in Wayne County Homeownership Program serves buyers purchasing in Wooster, Ohio.

How do you apply?

Applications for Habitat for Humanity in Wayne County Homeownership Program go through Habitat for Humanity in Wayne County, Inc., 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 for Humanity in Wayne County.

2. 2

   Contact Habitat for Humanity in Wayne County, Inc. to reserve funds

   Funds are reserved through Applications not currently open; phone wait list with monthly call-ins (temporary pause)., 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.