Homeownership Qualifications

Program Qualifications

Mountain Spirit Habitat for Humanity selects applicants based on 3 main criteria:

  1. Applicant demonstrates a Need for Housing.
  2. Applicant has an Ability to Pay an affordable mortgage.
  3. Applicant shows a Willingness to Partner with Habitat.

Equal Housing Opportunity Statement:  We are pledged to the letter and spirit of the U.S. policy for the achievement of equal housing opportunity throughout the nation.  We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.

Need for Housing

A need for housing can be expressed in a variety of ways.  Here are a few examples:

  • You are living in temporary housing (including living with family).
  • You are paying more than 35% of your household income towards rent.
  • There is crime in your neighborhood that makes you feel unsafe.
  • Your living conditions are overcrowded.
  • You are living in unhealthy or unsanitary conditions.

If you currently own a home or have owned a home in the past three years, you are not eligible to purchase a Habitat home (Mobile or Trailer homes are excluded from this criteria).

Ability to Pay

Habitat is a mortgage lender.  It is the responsibility of Mountain Spirit Habitat for Humanity to assure that applicants are capable of repaying a mortgage without significant cost-burden to the applicant.


Applicant's household income must fall between the minimum and maximum income requirements for their household size.  The gross monthly income of all household members over the age of 18 should be included to determine the household income.


Applicant's income must come from the same source/employer for at least six months prior to applying.  If the applicant is self-employed, income must be able to be documented for 24 months prior to applying.  Additionally, income must be reasonably estimated to last at least two years into the future.

Income Sources May Include:

  • Job wages
  • Child Support
  • Alimony
  • Social Security Survivor Benefits
  • Social Security Income and Social Security Disability

Credit Check:  Habitat will conduct a credit check to look for outstanding debts, collection accounts, open judgments and recent bankruptcies.  Credit scores are not considered.  Bankruptcies must be discharged two years prior to applying and no unsatisfied/outstanding judgments may appear on the applicant's credit.

Willingness to Partner

Partnership is a key component of Habitat's homeownership program, and the organization as a whole. In order to build homes, Habitat partners with home buyers, donors and volunteers.  In a partnership, each partner makes a contribution.  Habitat home buyers contribute between 250-500 hours of "sweat equity," or volunteer time, towards helping to build their home alongside Habitat staff and volunteers. Habitat home buyers also complete mandatory home buyer education classes and submit to a monthly financial review while their home is being built.

Additional Criteria

Park County Resident Applicant(s) must have lived in Park County for six months before applying. 


Next Steps:  If you feel that your family meets our eligibility guidelines, please call our office at 307-254-7005.