Homeownership Process

April 22, 2016

Be a Homeowner. Build with Habitat.

Becoming a homeowner is a dream shared by people everywhere! 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, and energy-efficient 2, 3,and 4-bedroom houses that are sold to partner families at no profit, through an affordable loan. House payments vary by house size (determined by family size), length of mortgage, and family income. The monthly payment will not exceed 30% of the family’s monthly gross income and currently averages $450 per month. Mortgage payments are recycled back into our building program to build more houses.

Take a Step Toward Homeownership

View Eligibility Requirements
Applicant Information Meeting (AIM)

Application Process

Part 1: Attend an Applicant Information Meeting (AIM)
Part 2: Submit your application to the Habitat Homeownership Program
Part 3: Home visit
Part 4: Committee decision
Part 5: Board of Directors’ approval


Step 1: Partnership Agreement
Step 2: Sweat equity
Step 3: Down payment
Step 4: Homeowner-in-progress classes
Step 5: Budgeting
Step 6: Construction on others’ homes first then YOUR home
Step 7: Loan application
Step 8: Dedication of home
Step 9: Closing


Every day, people in our community partner with Habitat for Humanity to build or improve a place they can call home.

© 2019, Habitat for Humanity of Catawba Valley, Inc. is a tax-exempt 501(C)(3) nonprofit organization.