Frequently Asked Questions

Q. How long does it take to get an answer or response after I complete an application?
A. You will get a response by mail or telephone within 30 days of submission.

Q. What counts as income?
A. Income is pay, social security, disability, child support, alimony and retirement.

Q. If I am married does my spouse have to be on the mortgage?
A. Yes, if you are married you must have both names on the mortgage.

Q. Am I required to have perfect credit or a high credit score?
A. To be eligible your minimum credit score must be 640. You must have a debt-to-income ratio (DTI) under 42%.

Q. How many sweat equity hours am I required to work?
A. Each individual applicant is required to complete 300-500 sweat equity hours. Hours depend on how many adults are in the home. Hours are worked on the construction site and includes all required educational workshops. We work on the construction site on Tuesdays, Wednesdays Thursdays and Saturdays.

Q. What if I am disabled and unable to perform sweat equity hours?
A. We will design a volunteer plan that works for you.

Q. Where will my home be built?
A. Habitat builds anywhere and everywhere in Clay County.

Q. Do homeowners have to pay a down payment and if so, when?
A. Homeowners pay a $1000 deposit which is due at the orientation. There is a separate non-refundable administration fee of $100.

Q. How long of a term is the Habitat mortgage:
A. The term of the Habitat mortgage varies but can be anywhere from 25 to 30 years.

Skip to content