You might be thinking...

I have a bad credit history. No bank will loan me money.
Habitat for Humanity IS the lender for the homes built with partner families. Our equal Opportunity status does not affect our ability to screen families for credit history.  Being an equal-opportunity lender we have a strict non-discrimination policy for selecting those families. Families must fill out an application and a credit check is done. The goal of Habitat is to provide affordable homes for families who find it hard to get housing through normal means. Habitat will look at the whole financial picture including past problems and present budgeting practices. A bankruptcy does not necessarily eliminate a family from consideration. We do not demand two years from a bankruptcy, but only one year since the discharge date. Also, we are more forgiving of late payments depending on the reason for the late payments. However, we look for at least 6 months of continuous income and minimum payments on debt prior to the application. We prefer all debts to be current at the time of the application although small judgments and liens are not an absolute barrier to acceptance. Habitat will even work with a family to create a more manageable budget.

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