Homeownership

Become a Homeowner

We are not accepting applications for our homeownership program at this time.
 

A decent, affordable home is an investment that lasts for generations. Blue Spruce Habitat for Humanity homes are not free gifts – each family who partners with Habitat is making a personal and financial investment in their future. Read on to learn more about the process of becoming a homeowner. When you’re ready, begin by filling out the application here.

The following supporting documentation is required to be submitted with your completed application for consideration in our program:

1.  Credit report for all applicants including credit scores from all three reporting organizations(Experian, Equifax, and TransUnion) and detail pages of that report.

2.  Two (2) full months pay stubs for all applicants.

3.  Two (2) full months of bank statements for all accounts

4.  Two (2) years of filed tax returns

5.  Two (2) years of W2s

SELECTION CRITERIA
To be eligible to purchase a home with Blue Spruce Habitat for Humanity, potential homeowners must meet these three areas of qualification:

Need: Families often need a home because their current housing isn't viable. It may be overcrowded, too expensive, structurally unsound, or located in a dangerous neighborhood.

Ability to Pay: Habitat homes are not given away. They are sold to qualified homebuyers with an affordable mortgage. Each family must demonstrate steady income.of at least 1 year that falls within the income guidelines below.

Willingness to Partner: A family or individual must have the willingness to partner with Blue Spruce Habitat for Humanity by investing Sweat Equity in their home and the homes of other partner families

In addition, potential homeowners must:

1. Be a legal permanent resident of the United States.
2. Have lived or worked in our service area for 12 out of the last 36 months. Our service area includes all of Clear Creek, the mountain area of Jefferson County, and Park County up to Kenosha Pass. Affiliates for other areas can be found here.
3. Have yearly income that falls within our income guidelines (refer to the income table below).
4. Have one year of continuous income.
5. Have a reasonably good credit history. It must be at least three years since you discharged any bankruptcies and dept payments must be current.
6. Partner with Blue Spruce Habitat for Humanity and contribute "sweat equity," helping to build your home as well as other families' homes. Each adult in the household must complete a total of 250 hours. This includes participating in a series of workshops to revolving around financial education, hands-on maintenance training, future planning, and more

Income Guidelines for Blue Spruce Habitat for Humanity

Blue Spruce Habitat for Humanity offers its programs to families within specific income ranges, adjusted based on the number of persons in your household.  These guidelines are determined annually using HUD's Area Median Income (AMI) figures and are subject to change each year.

To qualify your total yearly gross household income ( including wages, Social Security, disability benefits, SSI, TANF, and child support) must fall between 35% and 80% of AMI.

Important Notes:

• The income table provided below is for informational purposes only
• The exact ranges vary by household size and are updated annually

  For more detailed information about the current income limits, please contact Blue Spruce Habitat for Humanity 

APPLICATION
Ready to apply? Click the button below to take your first step towards home ownership and download our application!

Have any questions?
Please contact the Homeowner Services Committee at buyer@bluesprucehabitat.org.