Habitat Homeowner Program

To qualify for a Habitat home, an applicant must:

  • Have a need for adequate housing
  • Have lived or worked in Loveland for at least a year
  • Willing to partner with Habitat by working 250 volunteer hours (sweat equity) per adult applicant
  • Are a US citizen or legal permanent resident
  • Be able to pay a mortgage and meet the following requirements:
    • No bankruptcy within the last 2 years
    • No foreclosures in the last 3 years
    • No current non-medical collections (medical collections must be less than 2,000)
    • Current history of paying bills on time
    • Debt to Income ratio of 12% or below
    • Be able to save $2,000 – $2,500 for closing costs

To apply for a Habitat home, an applicant must:

  • Attend an orientation
  • Turn in all paperwork, including financial documents, on time
  • Be interviewed by a selection committee

Habitat homes are affordable because:

  • They are built by volunteers working with future homeowners
  • House payments are 30 – 35% of the homeowners monthly income at origination
  • Habitat offer low-no interest mortgage loans

Habitat homeowners are required to:

  • Contribute 250-500 hours of “sweat equity”
  • Attend budgeting, home maintenance, and other classes

For more information about our homeownership program, please contact Cathy, Director of Homeowner Services, at cathy@lovelandhabitat.org or 970-669-9769

Qualifications Application Process


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