HOMEOWNERSHIP MORTGAGE INFORMATION

Thank you for your interest in the Habitat for Humanity of Madison County Homeownership program.

Please NOTE: Our application period is currently closed. You may email us at This email address is being protected from spambots. You need JavaScript enabled to view it. with your name, phone number and email address and we will place you on our contact list. Once we have dates set for the next application period, we will reach out to everyone on the list with information concerning community meetings to explain the program and dates that applications can be picked up and when they are due.

Current income guidelines and selection criteria are included here.

Contact us at (765) 649-4260 with any questions you might have.

Our Family Selection Committee is tasked with evaluating mortgage applicants in the following categories:

1. Need for housing
   1. Current housing is inadequate or too expensive
   2. Unable to obtain a conventional mortgage
2. Ability to pay the Habitat mortgage
   1. Steady income within the guidelines provided
   2. Current on all open accounts including utilities
   3. No unpaid liens or judgments
   4. Have not declared bankruptcy in the last 2 years
   5. Have not had a real estate foreclosure in the last 5 years
3. Willingness to partner with Habitat to fulfill partnership requirements
   1. Complete 200 hours of sweat equity including construction and homebuyer financial education classes
   2. Contribute a minimum $500 down payment
   3. Live where Habitat is working
   4. Community involvement hours and advocate for families in the future