Habitat Homeownership

How Does Habitat Homeownership Work?

Habitat offers homeownership to hardworking families who may not otherwise be able to purchase a home of their own. Habitat homeowners purchase their home directly from Habitat through a zero-interest, zero-profit loan.

How Can I Qualify?

Applicants must meet these three basic requirements:

• Need - The family doesn't own a home and without Habitat they could not own a home.
• Ability to pay - All of our families must be within Habitat income guidelines and have had a steady income for at least 6 months.
• Willing to partner - The family must complete 350-400 hours of sweat equity building and volunteering in the community.

Applicants must also be able to meet the following requirements:

• Live/work in Denton County for at least one year
• Demonstrate stable income for the past six months
• Must have a satisfactory credit rating
• Must pass a criminal background check
• A family's debt cannot be more than 40% of the family's income
• Have no unpaid judgments nor have wages garnished for bankruptcy. Collections must be less than $1000.
• Be willing to perform 350-400 hours of sweat equity, partnering with Habitat to help build your home and other Habitat homes.
• Family must currently live substandard housing or classified as homeless

Where Do I Begin?

Families interested in homeownership must attend a Habitat Homeownership information meeting, and applications are only distributed at these meetings sessions. To be notified about our next orientation, call 940-484-5006.