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How Do I Become a Homeowner?

You must meet three basic criteria to qualify:

  1. A need for shelter,
  2. An ability to pay for shelter, and
  3. A willingness to partner with Trinity Habitat.

A Need for Shelter

If you have reached this point in your life and have not been able to purchase a home, then you likely have a need on some level.  The following statements will help you to evaluate your need:

  1. You do not own a home.
  2. You are unable to obtain a regular home loan because your income is too low and/or because your credit history is unstable.
  3. You have problems with your current housing situation. (i.e., pay more than 30% of your monthly income for housing expenses, living in an overcrowded situation, living in a home with structural, electrical and plumbing problems, no heat, etc.)

An Ability to Pay for Shelter

In evaluating your financial situation, consider the following statements.

  1. You need to have stable and consistent residence (with paying rent) for a minimum of 12 months.
  2. You will be asked to provide paperwork and references that will verify your ability to a) make house payments of $400 - $500 per month, b) make utility payments, c) budget for home maintenance and repair (inside and outside).
  3. You must have stable and consistent employement for a minimum of 12 months and your income must meet the following Income Guidelines:
1 $14,600 $29,150
2 $16,650 $33,300
3 $18,750 $37,500
4 $20,800 $41,650
5 $22,500 $44,950
6 $24,150 $48,300
7 $25,800 $51,650
8 $27,500 $54,950

* You, your spouse and any dependents under the age of 18 can be considered in the
   Family Size. Only Borrower and Co-Borrower's income will be considered.

A Willingness to Partner with Trinity Habitat

Habitat is unique in how we build houses. We do not charge interest nor do we make a profit. We are able to cut our expenses by working with sponsors to provide money to enable us to build each house and then work with volunteers to provide the labor. Of course, our volunteers work under the supervision of our construction staff. In addition, we do not require families to make a down payment on their new home. Most mortgage companies will require a 3%-5% down payment.

The only thing a Habitat homeowner MUST pay prior to taking ownership of their home is the first year’s insurance premium and taxes (in some cases). With the recent increase in taxes and insurance in the state of Texas, that pre-pay amount is averaging $1,200.

Because we go to great lengths to make homeownership affordable, the one thing we ask of our family partners (homebuyers) is that they commit to work 250 hours of sweat equity. The sweat equity allows homebuyers to work alongside sponsors, volunteers, staff and other homebuyers in the building of other homes as well as their family’s new Habitat home.

If you are interested in becoming a Habitat homeowner, we ask you to consider the following statements when evaluating your willingness to partner:

  • You will need to provide the required documentation and information in a timely manner.
  • You will need to demonstrate willingness to complete 250 hours of sweat equity.


The federal Equal Credit Opportunity Act prohibits creditors from discriminating against applicants on the basis of race, color, religion, national origin, sex, marital status, age (providing the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from public assistance program; or because the applicant has in good faith exercised a right under the Consumer Credit Protection Act.
The federal agency that monitors compliance with the law concerning this creditor
is the Federal Trade Commission, Washington, DC 20580.