Homeownership FAQ'sFrequently Asked Questions
Becoming a Homeowner FAQ’s
What is a typical Habitat home like?
I am homeless or about to become so. Can Habitat help me?
How much does a Habitat for Humanity home cost?
A typical Habitat home in north central Massachusetts costs between $160,000 and $190,000.
How much will my mortgage payment be?
How long is the homebuying process from start to finish?
My credit's not perfect. Should I still apply?
Do I have to pay a downpayment?
What if I've declared bankruptcy at some point? Will that stop me from qualifying?
Who decides which families get to buy homes?
Homeowner applicants are qualified without regard to age, sex, sexual preference, marital status, disability, race, religion or national origin.
How will I know if I'm chosen or not?
If I'm not selected, can I reapply?
Can I be de-selected?
• if it is discovered that an applicant has not been truthful in any way on any part of the application,
• if the applicant has shown an unwillingness to partner with Habitat for Humanity (not performing sweat equity or getting the down payment ready, etc.),
• if there has been a negative change in the applicant’s economic circumstances (affecting their ability to pay the monthly mortgage payment for the foreseeable future).
If I sell my Habitat home, can I make a profit?
Attend a homebuyer meeting, apply, get a financial review…