Lancaster Lebanon Habitat for Humanity Homeownership Program

What is Lancaster Lebanon Habitat for Humanity Homeownership Program?

Lancaster Lebanon Habitat for Humanity Homeownership Program is a first mortgage for homebuyers in Lancaster; Lebanon, Pennsylvania, administered by Lancaster Lebanon Habitat for Humanity.

• Lancaster Lebanon Habitat for Humanity offers income-qualified first-time homebuyers in Lancaster and Lebanon Counties a zero-percent interest mortgage tailored to their budget. Participants invest up to 400 sweat-equity hours, complete homeowner workshops and mentor partnerships, and save toward a 1% down payment.
• 0% interest mortgage.
• Monthly payment tailored to budget.
• 20-30 year term.
• Homeownership education.
• Funding comes from Habitat affiliate; private donations; sweat-equity model.

Do you have to pay it back?

Lancaster Lebanon Habitat for Humanity Homeownership Program is a first mortgage and is repaid under the terms set by Lancaster Lebanon Habitat for Humanity.

• Repayment is triggered by Sale or transfer of property; 20-30 year mortgage terms.
• The assistance is recorded in 1 position.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Lancaster Lebanon Habitat for Humanity 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?

Lancaster Lebanon Habitat for Humanity Homeownership Program sets its income limit as follows: Within Habitat income guidelines based on HUD AMI for Lancaster-Lebanon, PA MSA (chart published as image on site); targets families unable to qualify for traditional mortgages.

• 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?

Lancaster Lebanon Habitat for Humanity Homeownership Program can be used for Single Family.

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

Is there eligibility for specific groups?

Lancaster Lebanon Habitat for Humanity Homeownership Program names buyers with disabilities among the groups it serves.

• Being named here means the program mentions the group, not that membership alone qualifies an applicant — the rest of the eligibility rules still apply.

Where does it apply?

Lancaster Lebanon Habitat for Humanity Homeownership Program serves buyers purchasing in Lancaster; Lebanon, Pennsylvania.

• The program targets specific areas: Lancaster and Lebanon Counties, PA.

How do you apply?

Applications for Lancaster Lebanon Habitat for Humanity Homeownership Program go through Lancaster Lebanon Habitat for Humanity, 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 homeowner workshops; mentor partnerships.

2. 2

   Contact Lancaster Lebanon Habitat for Humanity to reserve funds

   Funds are reserved with the provider 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.