Homeownership Process
Your Pathway to Success
Before applying to our Homebuyer Program, prospective homeowners become mortgage ready by participating in Habitat’s unique Pathways and Partners financial literacy curriculum.
Pathways and Partners is designed prepare families for homeownership, no matter their current financial situation. Through personalized financial education and support, we work with trusted partners to guide participants toward better household financial management and improved money habits. Our dedicated team creates a customized plan that prepares potential homeowners for success.
Please note: Interested homebuyers are required to complete the Pathways and Partners Program before receiving an invitation to apply for homeownership. Completion of the Pathways and Partners Program does not guarantee application approval.
Pathways and Partners Program
The Financial Empowerment Pathway
teaches financial fundamentals and builds skills necessary to make smart, informed financial decisions – from budgeting and saving, to understanding credit and managing debt. During this journey you’ll work with referral partners to increase your earning potential and overcome income obstacles that limit mortgage readiness.
The Financial Wellness Pathway
helps households challenged with outstanding credit and delinquent debts. In this pathway, you’ll work with trusted partners and experienced credit counselors to develop a personalized plan to help regain control of your finances. Through improved debt management and strategies to maximize your income, this pathway sets you on a course toward a brighter financial future.
The Financial Coaching Pathway
is tailored to address the specific aspects of your current financial situation. Even though you may meet general prescreening requirements, we still equip you with information to better understand and manage the expenses related to owning a home. Our financial partners and coaches arm you with the tools and knowledge needed to become a successful homeowner.
The Application Process
Once you participate in your pathway and all criteria are met, you’ll receive a formal invitation to apply to Habitat’s Homebuyer Program via email. We fondly refer to this process as “education BEFORE application.” While it enhances a person’s chances of approval, it does not guarantee it. You can prepare by reviewing our criteria below.
After submitting your application, the Habitat Charlotte Region team will follow up with our pre-approval decision via email – be on the lookout. Once pre-approved for the Homebuyer Program, you’ll meet with Support Staff to continue your homeownership journey through:
- Completion of additional Homebuyer education classes
- Participation in home construction and community engagement activities
- Committing to your home and maintaining a positive financial situation
