Accelerated Homeownership Program - Habitat for Humanity

Accelerated Homeownership

Building Strength and Opportunity.

The Accelerated Homeownership Program is intended for families who are mortgage-ready but are struggling to find an affordable home in Kent County.

While our traditional program continues to build new homes, this program preserves the affordable housing stock available for families earning 80% of the Area Median Income or below (see chart below). Habitat Kent also works with partner banks to ensure you get a low-interest mortgage.

Whether you have already pre-qualified for a mortgage or are exploring what options are available for your family, we are happy to talk to you and see if you may be eligible to purchase a home with Habitat Kent.

Qualification Info.

Question 1: Do you financially qualify for a home?

Your income must be at or below 80% of the Area Median Income (AMI) for your household size. Check the chart below:

Question 2: Do you have the ability to pay for a home?

Minimum credit score of 620. Check your credit here.
You are able to qualify for financing with a mortgage lender for up to the purchase price of the home at minimum. If you do not have a mortgage lender you are working with, we are happy to refer you to a few trusted lenders in our community

You are able to acquire a down payment either through saving or participating in an available down payment assistance program

Don’t think you qualify? Learn about our other programs here.

Qualification Info.

Question 3: Will you partner with Habitat?

You are willing to complete a 6-8 hour HUD-sponsored homeownership class

You will sign a release of your information so that your lender can verify your income in terms of AMI based on your family size, and share your pre-approval status with our team

If your offer is accepted, you must meet all of your lender’s requirements, including a 6-hour homeownership class, and close within 60 days of signing a purchase agreement
You are willing to adhere to our Homeownership Covenant

Next Steps

1. Get a pre-qualification letter from a mortgage lender of your choice.
If you are not currently working with a lender, you can contact one that Habitat Kent works with or click the link below for a list of MHSDA approved lenders.

Lenders Habitat Kent works with:
- Mercantile Bank
Click here to see a list of MHSDA approved lenders

2. Send your pre-qualification letter to Melody at mgeerlings@habitatkent.org

Questions? Click the button below and fill out the form for a staff member to contact you.

Submit questions

Resources

For tips on how to shop for a lender, check these resources:

Habitat for Humanity supports equal housing opportunity and does not discriminate on the basis of race, color, religion, sex, national origin, disability, familial status, age, marital status, sexual orientation, gender identity or lawful source of income.

Have Questions?

If you have questions about the Accelerated Homeownership Program qualification criteria or process, please click the button below and fill out the form to be contacted by Habitat Kent staff or call or email: (616)588-5225, jcarrasco@habitatkent.org.

If you do not meet all of the program criteria, visit our Traditional Homeownership page to see if it is a better fit for your family and you.

Submit questions

Available Homes.

Available homes.

Below are homes currently available through our Accelerated Homeownership Program. Please check back periodically as listings may change.

We Believe in You

ReBuild, ReNew, ReStore

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Accelerated Homeownership

Accelerated Homeownership

Building Strength and Opportunity.

Qualification Info.

Question 1: Do you financially qualify for a home?

Question 2: Do you have the ability to pay for a home?

Qualification Info.

Question 3: Will you partner with Habitat?

Next Steps

Resources

Have Questions?

Available Homes.

Available homes.

1024 Kalamazoo Ave SE, Grand Rapids, MI 49507

342 Rumsey St SW, Grand Rapids, MI 49503

914 McReynolds Ave NW, Grand Rapids, MI 49504

756 Hogan St. SW, Grand Rapids, MI 49503

813 Sheldon St SE, Grand Rapids, MI 49507

A Home Can Change Lives

Veteran Homeownership Application Request

Home Repair Wait List

Group Interest Survey