Homeownership Program
Looking to own a home?
At this time, applications to the Homeownership Program are not being accepted. To be notified by email about our next open application cycle, please click the button below to sign up for the Homeownership Program alert.
Please review the Homeownership Program qualifications and process information on this website. If you have specific questions after reviewing this information, please email Homeowner Services at homeownership@loudounhabitat.org.
Qualifications
As active participants in building a better future for themselves and their families, qualified Loudoun Habitat for Humanity homebuyers are…
In need of better housing
Potential homebuyers might be living in overcrowded or deteriorating conditions, living with family of friends, or paying too much to rent a sub-standard house or apartment.
Willing to partner with Us
Once selected, Habitat homeowners partner with us throughout the process. This partnership includes performing “sweat equity,” by helping to build their home or one of another family. Sweat equity can also include working in the Loudoun Habitat ReStore, and/or participating in personal finance and home maintenance classes.
Able to pay an affordable mortgage
Potential homebuyers must have a steady income in order to pay an affordable mortgage. Please reference the chart below to make sure your annual income falls within the qualifying ranges per number of people in the household.
Potential homebuyers also...
Potential homebuyers must currently live and consistently lived in Loudoun County for 12 months. Potential homebuyers need to provide proof of US citizenship, or a Permanent Resident Card, or Alien Registration Receipt Card with phtoograph (INS form I-551 or I-151).
Homeownership Eligibility: Financial Requirements & Credit Guidelines
Ability to pay is the criterion that requires Loudoun Habitat for Humanity to perform due diligence on the applicant’s creditworthiness to ensure that he or she can afford to pay the mortgage, other property costs and normal living expenses. Therefore, approved Partner Families to the Homeownership Program must have:
- 2 years of continuous employment history.
- Have a minimum credit score of 620 and agree to the greatest extent possible, not to incur any new debt.
- Have not had a foreclosure or bankruptcy within the last 4 years.
- Meet the minimum income requirements and not exceed the maximum income for the program year.
- Have a debt-to-income ratio below 43%.
- Have stable and sufficient income capable of paying housing costs at 30% of gross income.
- Have a minimum of $1,500 saved and agree to continue saving for the costs associated with purchasing and owning a home.
- Judgements and liens on a credit report must be satisfied before an application can be approved.
| Family Size | Minimum Income | Maximum Income *May be lower depending upon funding source |
| 1 | $32,500 | $85,625 |
| 2 | $37,150 | $97,812.50 |
| 3 | $41,800 | $110,062.50 |
| 4 | $46,400 | $122,250 |
| 5 | $50,150 | $132,062.50 |
| 6 | $53,850 | $141,812.50 |
| 7 | $57,550 | $151,625 |
| 8 | $61,250 | $161,375 |
*Maximum income amount is dependent upon federal funding sources for individual homes and may be lower in certain instances.
Please note that not everyone who meets financial qualifications for the program will be approved. Anticipated home inventory and funding sources are considered.
Process
The process from applicant to homeowner typically takes 12 to 24 months.
Step 1
Homeownership Information Session (Online)
Step 2
Application
Step 3
Home Visit
Step 4
Presentation to LHFH Homeowner Services Committee
Step 5
Home Search and Selection
Step 6
Sweat Equity Begins
Step 7
Home Search and Selection
Step 8
Home Dedication & Closing
Steps 1-4: Take 1-3 Months and Steps 5-8: Take 18-24 Months
Disclaimer: By providing my phone number to Loudoun Habitat for Humanity, I agree and acknowledge that Loudoun Habitat for Humanity may send text messages to my wireless phone number for any purpose. Message and data rates apply. You may be contacted about your application and you will be able to opt-out by replying “STOP”. If you prefer to be contacted by another means of communication, you may note that on your application. For more information on how your data will be handled, please see our privacy policy below:
Privacy Policy: No mobile information will be shared with third parties or affiliates for marketing or promotional purposes. All the above categories exclude text messaging originator opt-in data and consent; this information will not be shared with any third parties.