Home Ownership Program

The Home Ownership program is one of the cornerstones of our organization. Our Home Ownership program helps people move into newly built or fully renovated, energy efficient, affordable homes. Applicants are chosen by their need for housing, willingness to partner and ability to pay a mortgage.

Qualifications

1. Need for decent, affordable housing;  2. Willingness to partner with Habitat by participating in Housign Counseling to improve your financial skills, home maintenance classes to learn how to maintain your new home and by contributing hours of sweat equity; 3. Ability to pay the monthly mortgage;  4. Residency: U.S. Citizenship, permanent residency status, or eligible immigration status. Must live or work in Saginaw or Shiawassee County; 5. First-time Home buyer: Not have owned a home currently or in the last three years.   6. Bankruptcy: a minimum of two years after  discharge. 7. Meet Income Criteria and work toward Credit Standards

Total Household Income Criteria
Applicants must meet the following total gross household income. For example, if  you are a three-person household in Saginaw County, your total household income must fall between $19,300 and $51,500 as a qualifying factor to purchase a home through our organization.

SAGINAW COUNTY ELIGIBILITY 2022

Family Size 1-person household
2-person household 3-person household 4-person household 5-person household 6-person household 7-person household  
Minimum Annual Income  $15,030.00  $17,160.00  $19,320.00  $21,450.00  $23,190.00  $24,900.00  $26,700.00  
Maximum Annual Income  $40,050.00  $45,800.00  $51,500.00  $57,200.0  $61,800.00  $66,400.00  $70,900.00  


SHIAWASSEE COUNTY ELIGIBILITY 2022

Family Size 1-person household  2-person household 3-person household 4-person household 5-person household 6-person household 7-person household  
Minimum Annual Income $14,681.25 $16,781.25 $18,881.25 $20,962.50 $22,650.00 $24,318.75 $26,006.25  
Maximum Annual Income  $39,150.00  $44,750.00  $50,350.00  $55,900.00  $60,400.00  $64,850.00  $69,350.00  

Credit Standards

Saginaw-Shiawassee Habitat for Humanity does not require perfect credit.  We consider applicants who demonstrate the ability to make regular payments on their bills. Our Housing Counselors will help you improve your credit to prepare you for home purchase.