Frequently Asked Questions
Who is Habitat for Humanity?
Habitat for Humanity of Teller County is an affiliate of Habitat for Humanity International. Habitat builds safe, decent homes in partnership with qualified Homebuyers and equips them with the skills necessary to become successful homeowners.
What are the eligibility criteria for Habitat ownership?
Selection is based on the need for housing, ability to pay and willingness to become a Habitat partner.
- Need is a category which involves inadequacy of current housing and inability to purchase a home through conventional means.
- Habitat Partner Partners must have a viable connection to Teller County, have steady annual income between $25,000 and $65,000 and have a clean 2 year credit history.
- Habitat Homebuyer Partners put in 300 – 400 hours of sweat equity in the construction of their home and those of other Habitat homeowners before moving into their home.
Will credit checks be required?
Yes. Past credit difficulty does not automatically exclude you from the application process.
Will a criminal background check be required?
Yes. Past criminal activity does not automatically exclude you from consideration for a Habitat home.
How are Homebuyer Partners selected?
You must complete and submit an application form and supporting documentation. The Homebuyer Services Director will conduct an initial financial review. If the initial financial review is positive, the Homebuyer Support Committee will gather additional information and continue the review of applications and supplemental material. Based on these documents, the Committee will make a recommendation for selection.
How long must I wait to receive a home?
Habitat relies on donations and volunteers to build houses, so it is not possible to say how many houses we can build in any specific time frame. Across the country, it is not unusual for a prospective Habitat homeowner to wait at least one year before their home is completed. The application process can take as long as 3 months and the building process may take 6-12 months or longer.
How will I pay my real estate taxes and homeowner insurance?
Property tax and insurance payments are included in the monthly mortgage payment to the lender and are accumulated in an escrow account that is used to pay those expenses when they are due.
What will happen if my payments are not paid when due?
It is important that house payments are made on time. Habitat does not hold mortgages and does not receive payment from Homeowners. USDA has the right to take legal action if house payments are not received when due, and, if necessary, will foreclose on the home.
Who is responsible for the upkeep of my home?
All home maintenance not covered by a Home Owners Association will be your responsiblity. The Homebuyer Education Program will cover topics including Proper Home Maintenance. It is important to maintain the appearance of your home and yard as a testimony to the benefits of Habitat homes in a community.
Will I be allowed to sell my home?
Yes. The USDA mortgage has no restrictions, however any interest subsidy that was provided will need to be recaptured in whole or in part, upon sale of the home. However, there may be restrictions in place you will be made aware of before purchase of a Habitat home that will have to be followed should you choose to sell.
Who can contribute to my required volunteer hours?
Your circle of friends and extended family can contribute up to 100 hours towards your required sweat equity.
Where exactly does Habitat for Humanity of Teller County build homes?
Woodland Park, Divide, Florissant, Cripple Creek, Victor (all of Teller County)
How can I apply?
Please contact our Homebuyer Services Director at 719-687-4447 or firstname.lastname@example.org. You may come to our office at 700 Valley View Road in Woodland Park. We are open Monday through Thursday, 8:30 a.m. until 4:30 p.m.
What is Habitat's Bedroom Policy?
You may qualify for a 1, 2, 3, 4, or 5 bedroom home based on your current family size and depending upon how many males and females are in your family. Couples share a bedroom. Adults over the age of 18 years that are not couples do not share bedrooms. Same gender children under 18 do share bedrooms. No more than 2 people are in each room.