Homeownership

PREPARING FOR HOMEOWNERSHIP

PREPARING FOR HOMEOWNERSHIP

Achieve the financial goals that will lead you to homeownership!
We offer a FREE homebuyer-readiness program that includes:
• Online webinars
• In-person classes
• One-on-one coaching

All to help you achieve YOUR financial goals:
• Increase your savings
• Improve your credit
• Pay down your debt

Our next cohort starts in August 2018. 

Contact Stefanie Clark at s.clark@habitatbucks.org to register before August 1st.

This program is made possible with support from KeyBank, Patricia Kind Foundation and Wells Fargo.

HOMEBUYER PROCESS

HOMEBUYER PROCESS
  • Watch our Homeownership Program video
  • Follow the application process  (includes a review of program qualifications and mortgage-affordability calculations)
  • Contribute sweat equity renovating or building future homes
  • Participate in homebuyer-readiness courses

The application process takes approximately three months; home renovations/construction is typically completed within one year.

Complete our Home Inquiry Form to be added to our Contact List for current and future home opportunities!
(If you do not receive a response to your submitted form within one week, please check your spam or junk mailbox.)

HOMEBUYER REQUIREMENTS

HOMEBUYER REQUIREMENTS

To purchase a home through Habitat Bucks, applicants must:

  • Currently live or work in Bucks County
  • Partner with Habitat Bucks in completing a minimum of 200 “sweat equity” hours and participating in media coverage
  • Have a stable income and satisfactory credit history (credit counseling referrals available)
  • Show an ability to afford the projected mortgage payments (depending on house location & style, mortgage payments typically range from $900 to $1,300 per month, including taxes, insurance & interest)
  • Demonstrate a need (includes overcrowding, unsafe living conditions, inability to buy due to high costs)
  • Have a total household, gross income that fits within our income guidelines:

*Employment income, child support, long-term disability, SNAP, social security, pension and other benefits are included in calculating gross income.

INCOME GUIDELINES

INTERESTED IN BUYING A HABITAT HOME?

INTERESTED IN BUYING A HABITAT HOME?

New Homes Are Coming to Morrisville Borough!

 

Construction on four new homes will begin Fall 2018. Learn more in this 12-minute video, Habitat Bucks Available Homes–Summer 2018

 

 

THE APPLICATION CYCLE FOR THESE HOMES HAS CLOSED. Stay tuned for news of our next open cycle.

 

  • Check out the New Homes flyer, and contact Stefanie Clark for more information: s.clark@habitatbucks.org or 215.822.2812 x307.
  • To be added to our contact list for these and future home opportunities, complete our Homeownership Inquiry Form.
    (If you do not receive a response to your submitted form within one week, please check your spam or junk mailbox.)

OWN A HOME

Habitat for Humanity of Bucks County sells newly constructed or renovated homes to qualified families and individuals who live or work in Bucks County and meet the program qualifications. Our homebuyers purchase their homes with affordable mortgages and pay taxes on the full values of their homes.

Approved homebuyers qualify for monthly housing payments equal to or less than 30% of their gross monthly incomes.

Click here to view our current Income Guidelines.

Complete our Home Inquiry Form to be added to our Contact List for current and future home opportunities!
(If you do not receive a response to your submitted form within one week, please check your spam or junk mailbox.)

Housing payments include mortgage, property tax, insurance and association fees, if applicable. Prior to purchase, homebuyers invest “sweat equity” by helping to build their homes and attending financial workshops. Since 1990, we have built more than 108 homes in Bucks County! Habitat Bucks’ newly constructed homes meet strict ENERGY STAR® requirements (windows, doors, appliances, etc.), and are built with sustainability in mind. Our renovated homes are updated with new kitchens, bathrooms and more.

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are not barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, national origin, or any other basis as required by law.

For emergency housing assistance – call Bucks County’s “Housing Link” to connect to available services: 1-800-810-4434.