Almost Heaven Habitat for Humanity Homeownership Program

What is Almost Heaven Habitat for Humanity Homeownership Program?

Almost Heaven Habitat for Humanity Homeownership Program is a first mortgage for homebuyers in Franklin, West Virginia, administered by Almost Heaven Habitat for Humanity, Inc.

• Almost Heaven Habitat for Humanity is a nonprofit housing ministry that builds and sells homes at no profit with 0%-interest mortgages to qualifying low-income partner families in Pendleton, Greenbrier, and Pocahontas Counties. Applicants must demonstrate a critical housing need, inability to qualify for a conventional mortgage, ability to repay an affordable monthly payment, and willingness to complete 270 hours of sweat equity per able-bodied adult.
• 0% interest mortgage.
• Home sold at no profit.
• Sweat-equity partnership.
• Estimated $300-$500/month payments.
• Funding comes from Almost Heaven Habitat for Humanity (volunteer labor, donated materials, revolving 'Fund for Humanity'); WVHDF LAMP may purchase mortgages.

Do you have to pay it back?

Almost Heaven Habitat for Humanity Homeownership Program is a first mortgage and is repaid under the terms set by Almost Heaven Habitat for Humanity, Inc..

• Repayment is triggered by Monthly mortgage payments due; standard Habitat affordable mortgage.
• 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?

Almost Heaven Habitat for Humanity Homeownership Program is open to buyers who will live in the home as their primary residence.

What are the income limits?

Almost Heaven Habitat for Humanity Homeownership Program sets its income limit as follows: Partner families typically within 50%-60% of area median household income for the county; selection based on need, ability to pay, and willingness to partner.

• 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?

Almost Heaven Habitat for Humanity Homeownership Program can be used for Single Family.

• New construction is eligible.

Where does it apply?

Almost Heaven Habitat for Humanity Homeownership Program serves buyers purchasing in Franklin, West Virginia.

• The program targets specific areas: Serves Pendleton, Greenbrier, and Pocahontas Counties.

How do you apply?

Applications for Almost Heaven Habitat for Humanity Homeownership Program go through Almost Heaven Habitat for Humanity, Inc., which publishes the current terms and the application steps on its own site.

1. 1

   Contact Almost Heaven Habitat for Humanity, Inc. to reserve funds

   Funds are reserved with the provider and are subject to availability.

2. 2

   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.