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Becoming a homeowner is a dream that people everywhere share! It is the opportunity to turn rent payments into home equity. It is a chance to have a home where the paint is fresh, the plumbing works, and there is enough room for everyone. It is an opportunity that Habitat for Humanity of Catawba Valley wants to put within your reach.
Habitat builds simple, decent, energy-efficient 2, 3, 4 and 5-bedroom houses that are sold to partner families at no profit, through an affordable loan. Mortgage payments vary by house size (determined by family size) length of mortgage, and family income, but are typically $450.00 per month and will not exceed 30% of the family's monthly gross income. Mortgage payments are recycled back into our building program.
How to Begin
Habitat uses a Family Selection Committee to find families that meet our affiliate’s guidelines and are ready for the challenges of homeownership. The Selection process begins by completing a "Request for Application" form found in our inquiry brochures. To obtain a brochure:
Download Brochure
Call 828.328.4663 ext. 310
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Attend a Habitat Applicant Information Meeting
(Call to find out when the next meeting is scheduled).
When this form is filled out and returned with the documents listed, Habitat begins a screening of some of the most basic requirements. When the screening is successfully completed, you are ready for an application. Habitat staff will be in contact with you every step of the way.
Ability to Pay
Must have lived or worked in Catawba County for the 12 months just prior to applying
Must be legal residents or U.S. citizen
Must have income within guidelines below with ability to repay a mortgage loan as well as meeting all of family’s other responsibilities.
Must have worked the last 12 months(gaps permitted for medical or educational reasons) if your household income is based on earned income
Must have a reasonably good credit history (when not within guidelines consultation is available to help you meet requirements)
Income Guidelines
Applicants must have income in the range between minimum gross income and less than the maximum based on the number living in the household.
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NUMBER OF
PERSONS IN HOUSEHOLD
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MINIMUM GROSS
ANNUAL INCOME
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MAXIMUM GROSS
ANNUAL INCOME
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1
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$13,000
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$27,100
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2
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$14,000
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$30,900
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3
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$15,000
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$34,800
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4
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$16,000
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$38,600
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5
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$17,000
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$41,700
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6
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$18,000
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$44,800
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For larger families, add $1,000 to the minimum and $2,500 to the maximum for each additional family member.
Need for Housing
There are many ways to qualify on the basis of need. If you meet any of the following, you may be eligible.
Your present housing is:
Substandard – it may be structurally unsound or dilapidated
Unsafe – there may be multiple crime-related police calls in your immediate neighborhood
Cost Burden – rent payments are 30% or more of your total monthly income
Overcrowding – Adult and child (one year of age or older) or more than two children share a bedroom; or two children of the opposite sex share a bedroom; or not all in household are able to sleep in a bedroom
Can’t qualify for a conventional mortgage loan with a traditional mortgage lender
Willingness to Partner
Willingness to partner is determined by the applicant’s participation in the application process-- meeting deadlines and providing documentation required in a timely manner as well as a willingness to fulfill Sweat Equity hours by working on Habitat construction of houses, attending Homeowner preparation classes, and making small installments on a $500 down payment. It is important that an applicant demonstrate a shared value for a drug and crime free community.
Take the First Step…
Return a completed “Request for Application” tear-off form found in our inquiry brochure with the documents that are requested.
ECOA: Habitat for Humanity of Catawba Valley is in compliance with the Federal Equal Credit Opportunity Act. This act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from a public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act.
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Why ReStore?
The ReStore saves thousands of tons of perfectly good materials from ending up in landfills. All proceeds help fund Habitat for Humanity homes! For more information, click here.
Social Media
 
Contact Us
Phone: (828) 328-4663
Mailing Address:
Habitat for Humanity
of Catawba Valley
P.O. Box 9475
Hickory, NC 28603
Office location:
772 4th Street SW
Hickory, NC 28601
ReStore location:
1615 8th St Dr SE
Hickory, NC 28602
(Located next to Aldi's, and across from Home Depot)
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