Program Qualifications

Want to find out if you’re eligible to participate in our homeownership program? 

Review the financial and general qualifications below to understand the criteria for being selected into our program:

Financial Requirements

 

  • Maintain a monthly gross income within our income guidelines (see chart below)
  • Have less than $2,000 in unpaid collections
  • Including a Habitat mortgage payment of 30% of household income, have a debt-to-income (DTI) ratio of less than 43%
  • Have at least two years since discharged from bankruptcy
  • Minimum of six consecutive months of employment on all current jobs, or 2 years if self-employed

 

Household Size

Minimum Monthly Income

Maximum Monthly Income

1

$2,708

$4,333

2

$3,096

$4,953

3

$3,483

$5,573

4

$3,876

$6,187

5

$4,179

$6,687

6

$4,488

$7,180

7

$4,796

$7,673

8

$5,104

$8,167

9

$5,417

$8,666

10

$5,725

$9,160

Income Chart (Updated May 2019)

General Requirements

 

  • Must have lived or worked in metro Denver for at least 6 months (incorporated Adams, Arapahoe, Denver, Douglas and Jefferson counties)
  • You must be a U.S. Citizen or Legal Permanent Resident (green card)
  • You cannot currently own a home
  • If married, both spouses must be co-applicants and your spouse must live in the metro Denver area (they cannot live outside of the country)
  • You cannot be a sex offender

 


partner family - paperwork (color).jpg

Ready to learn more?

Sign up for our in-person Information Session on June 3 at the Habitat Metro Denver Office. Here's what you can expect to learn during the information session:

  • How the Habitat Homeownership Program works, including qualifications and partnership agreements
  • Preliminary financial calculations to determine your maximum affordable mortgage amount
  • Available houses and condos for sale
  • Time and assistance to fill out a program application

Click here to register for the June 3 Information Session

You do not need to fill out an online application if you are registered for the Information Session as there will be an opportunity for you to fill one out in-person.

 

Learn About our Homeownership Process

 

View Current Properties

 

partner family - computer (color).jpg

 

Our online application is open May 15-31st

Click here to apply to become a Habitat homeowner.*

 

 

Not quite ready to become a Habitat homeowner?

If you don’t currently meet all of the requirements above, that’s okay!  Click here for additional resources including financial coaching to help you understand how to budget, pay down debt, and plan for the future.

 

equal housing bk.jpg

We are pledged to the letter and spirit of the 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 no barriers to obtaining housing because of race, color, religion, sex, sexual orientation, gender identity, handicap, familial status, or national origin. 

Habitat for Humanity of Metro Denver is a 501 (c) nonprofit organization, FEIN: 74-2050021 see our About Us page for more organization information.