New/Repair

Apply for a New Home or Repair
 
To be eligible for a new Habitat home you must:

1. Earn between 25-80% of the area median income (see chart below)
2. Currently live in substandard housing (examples include structural, electrical or plumbing problems causing health and safety risks, unsafe location, very high costs, or limited space for the size of the family)
3. Be able to pay back the cost of the home with a very low interest mortgage (average monthly cost is about $750, but will vary according to location, house size, and utility usage)
4. Be willing to partner with Habitat to build your home, including performing 200 hours of volunteer labor per adult in the household

To prepare, we encourage you to check your credit report for free by accessing www.annualcreditreport.com.  You may also obtain your credit score for $18 (single) or $24 (joint) at the same site. Habitat requires a minimum credit score of 640.  If your score falls below 640, we encourage you to contact Coastal Enterprises, Inc which can provide information and guidance aimed at helping you raise your score.  CEI is located in Wiscasset and can be reached at 882-7552.
 
We require all applicants to take the Maine HoMEworks course, a program created especially for first-time home buyers in Maine.  We urge you to enroll in this course at your earliest convenience. The 10 hour program will help you prepare for the process of buying a home, even if you decide not to apply for a Habitat home.      
 
The Homeownership Education Course is offered by Coastal Enterprises, Inc. at various times and locations throughout the Midcoast area. The cost is $25 per individual or $30 per couple.  You may access the schedule for this program at www.Mainehomeworks.org or by calling CEI at 882-7552.
 

Guidelines		Back to Apply for a New Home

These are our standard income ranges; actual income ranges for a specific project could be different due to funding requirements.

Year 2012 Guidelines for Brunswick and Harpswell

Family Size	25% Median	80% Median
1	$12,175	$38,950
2	$13,900	$44,500
3	$15,650	$50,050
4	$17,375	$55,600
5	$18,775	$60,050
6	$20,175	$64,500
7	$21,550	$68,950
8	$22,950	$73,400

Year 2012 Guidelines for Sagadahoc County

Family Size	25% Median	80% Median
1	$12,400	$39,700
2	$14,175	$45,350
3	$15,950	$51,000
4	$17,700	$56,650
5	$19,125	$61,200
6	$20,550	$65,750
7	$21,950	$70,250
8	$23,375	$74,800

Year 2012 Guidelines for Lincoln County

Family Size	25% Median	80% Median
1	$10,800	$34,450
2	$12,350	$39,500
3	$13,900	$44,450
4	$15,425	$49,350
5	$16,675	$53,300
6	$17,900	$57,250
7	$19,150	$61,200
8	$20,375	$65,150

To learn more about applying for a new home, call us at (207) 386-5081 or complete the online interest form and we will contact you before we have our next meeting.