Requirements for Homeownership Applicants

Habitat for Humanity of Pamlico County is an equal opportunity housing provider. Habitat considers applicants without regard to race, religious preference, gender, handicap, familial status or national origin. The application process consists of completion of the application form, credit check, sex offender check, an office interview, fourteen (14) hours of volunteer work and a home interview. Habitat’s acceptance guidelines are based on consideration of the following criteria:

 Need for Housing

The applicant(s) must demonstrate that their current housing situation has one or more of the following characteristics:, Unsafe or very poor conditions or located in a particularly unsafe area; Rent, or contribution currently paid towards rent, exceeds 35% of net income; Size in inadequate for the present or anticipated residents; Other facts demonstrating a need for the type of housing Habitat can provide, that goes beyond a personal desire to own a home.

Applicants will not be approved if they:

Qualify for conventional financing; Presently own real estate, Have owned real estate within the last three (3) years. Eligible applicants are not disqualified because they may qualify for another subsidy program, governmental or charitable, or tax deferral.

Demonstrated Ability to Pay

Gross household income must be between 30% and 60% of the median income for Pamlico County at the time of application.   A two-year history of stable income and employment; An acceptable credit history, which includes a good record of paying rent and utilities; Bankruptcies must have been discharged for at least two (2) years; Ability to cover a $500 down payment on the house; Ability to afford anticipated mortgage payments, including property taxes and homeowners insurance; Monthly payments for debt cannot exceed 40% of gross monthly income; Applicants must be U.S. citizens or permanent residents.

Willingness to Partner with Habitat

Applicant must complete at least 500 hours of sweat equity towards the building of Habitat homes. Each primary applicant must complete a minimum of 100 hours, working at least 60 hours per month. Applicant must comply with all other sweat equity policies; Applicant must be willing to live in a neighborhood in which Habitat is currently building; Applicant must be willing to attend required workshops for success in homeownership.

Based upon the unique situation of the applican Habitat reserves the right to waive or alter any of  the foregoing criteria 

Call 252-745-1106 for more information. To apply for home ownership, download an application. Then, mail or deliver the completed application to:

Habitat for Humanity of Pamlico County

P.O Box 3

Grantsboro NC 28529