Apply for a
Habitat home
PLEASE NOTE:
Habitat for Humanity of LaSalle-Bureau-Putnam Counties, Inc. is currently in an OPEN APPLICATION PERIOD for our Homeownership Program for a future house build in Princeton, IL in 2024.
- Do you need alternative housing?
- Do you have an annual income of less than $66,500 for a family of four or $87,800 for a family of five or more?
- Do you have the ability to pay a low-interest affordable mortgage?
- Do you have a credit score of at least 640 or an alternate verifiable credit history?
- Are you willing to invest volunteer hours working on the build or providing other volunteer assistance?
- Are you a US citizen or a permanent resident alien?
Complete the one-page Pre-qualification Worksheet for Potential Homeowner Applicants to determine if you are eligible to apply for a Habitat for Humanity home build.
For more information,
call Habitat LBPC at 815-434-2041 ext. 001.
Please fill out the form at the bottom of this page or
Download and return the completed form to the Qualified Loan Originator by mail or in person to:
Habitat ReStore
ATTN: Fran Gibson
1011 Shooting Park Road, Ste 108
Peru, IL 61354
Pre-qualification Worksheet
Habitat for Humanity Homeownership
HABITAT FOR HUMANITY LBPC
PRE-QUALIFICATION WORKSHEET
TO AID ELIGIBILITY DETERMINATION FOR A HOME BUILD
Habitat for Humanity of LaSalle-Bureau-Putnam Counties, Inc., the local Habitat affiliate of Habitat International, is accepting Pre-Qualification Worksheets on an ongoing basis for our homeownership program from which our Family Selection Committee will be able select a qualified family for any build in the planning stages. The Pre-Qualification Worksheet will aid in determining if a candidate family is eligible to apply for a Habitat for Humanity LBPC home build. Habitat for Humanity assists people with incomes below the area median income to purchase a new home with a no down-payment, low interest loan. The home, built partially through donations, volunteer labor, and the purchaser’s investment of sweat equity hours, is financed with an affordable mortgage based on income.
The pre-qualification form can be filled out by any person interested in partnering with Habitat to build their own home. A review by the HFHLBPC Qualified Loan Originator will quickly be able to determine if the individual can go forward with the complete application process or how they might qualify on a future application.
The Pre-Qualification Worksheet determination is based in part on six criteria:
- Does the individual have a need for alternative housing?
- Are they or their friends or family willing to invest sweat-equity volunteer hours?
- Sweat equity hours can consist of working on the build itself or providing other volunteer assistance.
- Do they have the ability to pay a low interest affordable mortgage?
- Do they have an annual income less than $66,700 for a family up to four, or $88,050 for a larger family?
- Do they have a credit score of at least 640 or an alternate verifiable credit history?
- Are they a US citizen or permanent resident alien?
Interested parties are encouraged to apply soon to ensure consideration for all upcoming builds.
Habitat for Humanity of LaSalle-Bureau-Putnam Counties, Inc is pledged to the letter and spirit of U.S. policy for the achievement of equal housing oppottunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, national origin, age. marital status or sources of income.
Please answer ALL of the following questions for each prospective applicant.
This form is for information only and is not a formal application.
An application will be mailed if pre-qualification for the program is accepted.
