Habitat for Humanity of Southeast Ohio - Build Your Own Home Program

Habitat for Humanity of Southeast Ohio - Build Your Own Home Program is a first mortgage for homebuyers in Millfield, Ohio, administered by Habitat for Humanity of Southeast Ohio. Habitat for Humanity of Southeast Ohio's Build Your Own Home program enables income-qualified families to build and purchase their own home with a zero-interest Habitat mortgage. Participants complete 250 sweat-equity hours (one adult) or 500 hours (two or more adults), attend educational classes, and make a $2,000 down payment. The program serves Athens, Hocking, Meigs, Morgan, Muskingum (Zanesville), Noble, Perry, and Fairfield counties. Zero-interest mortgage. $2,000 down payment requirement. Homebuyer education included. Sweat-equity builds equity. No conventional credit qualification required. Funding comes from Donations, volunteer labor, grants, and homebuyer mortgage payments.

Habitat for Humanity of Southeast Ohio - Build Your Own Home Program is a first mortgage and is repaid under the terms set by Habitat for Humanity of Southeast Ohio. 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.

Habitat for Humanity of Southeast Ohio - Build Your Own Home 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: No published minimum credit score; ability to pay assessed through application interview. A homebuyer education course is required, through Habitat for Humanity of Southeast Ohio educational classes (held in Athens County). Residency requirement: Must have lived at least one year in Athens, Fairfield, Hocking, Meigs, Morgan, Muskingum, Noble, Perry, or a surrounding county without a Habitat affiliate. Inquiry form is the first step (not an application). As of source page, no pre-inquiries accepted for Fairfield County, but all other counties (including Muskingum/Zanesville and Athens) remain open. Required: 250/500 sweat-equity hours, educational classes, one-year residency. min_credit_score, max_dti, max_purchase_price, forgiveness terms not published and left null.

Habitat for Humanity of Southeast Ohio - Build Your Own Home Program limits household income to $51,112. 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 Southeast Ohio - Build Your Own Home Program can be used for Single Family. New construction is eligible. Manufactured homes are not eligible.

Habitat for Humanity of Southeast Ohio - Build Your Own Home Program serves homebuyers purchasing in Millfield, Ohio.

Applications for Habitat for Humanity of Southeast Ohio - Build Your Own Home Program go through Habitat for Humanity of Southeast Ohio, 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.