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Qualifications for the Homeownership Program

Prospective Habitat homeowners must demonstrate a need for safe and affordable housing, be able to pay an affordable mortgage, and be willing to partner with Habitat.

Family Selection Criteria

Habitat for Humanity-Spokane is an equal opportunity housing agency that serves individuals that live or work in Spokane County.  Homebuyers applying to Habitat-Spokane must meet the following criteria.

Primary Eligibility Requirements

Income Guidelines

An applicant’s household gross income must be less than 80% of Spokane County’s median income based on family size.  The chart below shows the maximum income per household size.

Family Size    Maximum Income Allowed    
1 Person $54,800
2 People $62,650
3 People $70,500
4 People $78,300
5 People $84,550
6 People $90,850
7 People $97,100
8 People $103,400
9 People $109,650

Credit Guidelines

Habitat for Humanity-Spokane partners with individuals and families to set them up for success as they seek the path to first time homeownership. Upon program application submission, a qualified loan originator (QLO) will review each applicant’s income and credit as part of the selection process. If approved, Future Homeowners will meet 1:1 with their Engagement Specialist, who is also a Certified Financial Social Worker, every month to continue to review progress with budgeting, spending, debt and credit. A soft inquiry of each Future Homeowner’s credit will be pulled every 3 months to track progress as they become lender ready. Since good credit is required to access homeownership and insurance, we focus on teaching long-term credit management skills per individual household needs.

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Informational Meetings

Habitat-Spokane now offers the Homeownership Informational Video ONLINE!

Contact

(509) 534-2552
homeownerservices@habitat-spokane.org