Partner Lending path
the Homeownership program is Currently closed. Please sign up below to receive a notification of when enrollment reopens!
Homeownership is within reach!
Habitat for Humanity of Forsyth County makes homeownership possible to hard-working families in Forsyth County, North Carolina.
Through classes in budgeting, financial literacy, and home maintenance—and by contributing volunteer “sweat equity”—future homeowners gain the knowledge, skills, and confidence to succeed.
At Habitat Forsyth, homeowners don’t receive a home—they earn it. They are purchased through an affordable 30- year mortgage. Habitat Forsyth’s Program turns Homeowners in Progress into Home Buyers!
Each family’s journey builds not only a foundation for their future but also strengthens the community we share. Learn more here:
QUALIFICATION GUIDELINES
To qualify for Habitat homeownership, eligible applicants demonstrate an ability to make a monthly mortgage payment, have a household income within program limits, and a willingness to participate in the Habitat program.
2025-26 Income Guidelines
Partner Lending Path
60%-80% AMI with a Minimum Income of $50,000 annually.
| Family Size | Annual Income |
| 2 | $50,000 – $55,500 |
| 3 | $50,000 – $62,450 |
| 4 | $50,000 – $69,350 |
| 5 | $50,000 – $74,900 |
| 6 | $50,000 – $80,450 |
| 7 | $50,000– $86,000 |
| 8 | $51,469 – $91,500 |
Debt Ratio — The total of all monthly loan payments, including estimates for deferred student loans and the future mortgage, must not exceed 36%.
Credit:
- Medical Collections Accounts must be less than $5,000
- Student Loans cannot exceed more than 1.5 years of your annual gross income
- No bankruptcies/foreclosures in the last five years
- Collections and charge-off balances or other old debt balances on credit reports must be less than $15,000 at the time of application and must be capable of being resolved before the purchase of the home
- No outstanding judgments
Rental History:
- Minimum 12-month rental history
Closing Costs & Emergency Savings:
- Ability to save $4,000
Willingness to Partner
Applicants must be willing and able to attend homeownership classes for several months on scheduled Tuesday and Thursday evenings and a few Saturdays. Volunteer to build their own home and/or others’ homes, and volunteer 25 hours in the Habitat ReStores. Habitat calls this “sweat equity.” (Accommodations can be made for applicants with disabilities).
Applicants must be willing to accept the location and design of homes Habitat has available at the time of Lot Selection.
Frequently Asked Questions
Anyone and any family can apply- we are an Equal Housing Opportunity organization
What are the required qualifications?
- US Citizen or Legal Permanent Resident
- Live or in Work Forsyth County for over 12 months
- 1st Time Homeowner/ Have not owned a home within the last 3 years
- Have not previously owned a Habitat home
- Need for Housing
- Ability to Pay
- Save $4,000 to cover closing cost
- Meet Income Guidelines
- Reasonable Credit History
- Willingness to Partner
Do I still qualify if I don’t have great credit?
We don’t look at your credit score but we do look at your total amount of debt and annual gross income to determine your Debt-To-Income Ratio. Your Debt-To-Income Ratio cannot be over 36% in order to qualify for the program.
Do I still qualify if I am currently on Section 8?
Having Section 8 or receiving any other kind of housing voucher will not disqualify you automatically from the program. Although income verification is required, Section 8 is not considered as income and cannot be applied to your affordable Habitat Mortgage
How much will my mortgage payment be?
Mortgage Payments are Based on Affordability and Will Not Exceed 30% of Monthly Gross Income
When can I move into a Habitat home?
Typically it can take 18-24 months from the initial application process to a family purchasing and moving into a new home.
Partner Lending Path Orientation Video
Watch the Homeownership Video to learn about requirements for the Partner Lending Path.
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