General Homeownership Requirements

Below are baseline requirements for applying for homeownership with Habitat for Humanity Greater San Francisco - each available home may have different or additional requirements. Please check each listing for any variation. 

Applicants must meet these general requirements:

Residency 

  • Household must have lived together consistently for 12 months.
  • Wage earners must be legal permanent residents, or U.S. Citizens.

First Time Homebuyer

  • Must not have owned or co-owned real estate property in the last 3 years as defined by HUD.
  • Applicants must obtain a First Time Homebuyer Certificate from a HUD approved housing agency prior to the close of escrow in order to qualify. See Application Process for more information.

Credit

  • Applicants must have a minimum credit score of 650.
  • Applicants must have consistent on-time credit payments.
  • Applicants’ debt to income ratio must be below 45%.

Income

  • Income must meet HUD requirements of 40-60 percent of the median gross annual income for households of comparable size, based on the county in which the home is located:

 

Marin

San Francisco

San Mateo

Family of 1

 $27,200 to $40,750

 $27,200 to $40,750 

 $27,200 to $40,750 

 Family of 2 

 $31,100 to $46,600 

 $31,100 to $46,600 

 $31,100 to $46,600 

 Family of 3

 $34,950 to $52,450

 $34,950 to $52,450

 $34,950 to $52,450

 Family of 4

 $38,850 to $58,250

 $38,850 to $58,250

 $38,850 to $58,250

 Family of 5

 $41,950 to $62,900

 $41,950 to $62,900

 $41,950 to $62,900

 Family of 6

 $45,050 to $67,600

 $45,050 to $67,600

 $45,050 to $67,600

 Family of 7

 $48,150 to $72,250

 $48,150 to $72,250

 $48,150 to $72,250

Updated 2/2014

Applicants are evaluated based on three main areas:

Need for Housing

  • Currently living in inadequate housing conditions, which are substandard, overcrowded, unsafe, or are paying rent too high in relation to monthly income.

Ability to Pay

  • Can demonstrate a history of regular income.
  • Ability to make monthly payments on a no-interest mortgage, property taxes, insurance, and HOA assessments (if applicable). Property taxes, insurance, and HOA assessments are subject to change annually.

Willingness to Partner

  • Must fulfill "sweat equity" commitment by contributing 500 volunteer hours towards the mission of Habitat for Humanity Greater San Francisco, most of which is in the construction of the home. Be responsible for the maintenance and repairs of the home from the time of move-in. Must be willing to show your support at events for Habitat developments and on occasion speak on behalf of Habitat and homeownership.


Habitat for Humanity Greater San Francisco is able to provide the application, notices, sales documents and other materials in English. We encourage families from all backgrounds to apply.

Inevitably, there will be more qualified homebuyers than homes available; therefore, not all qualified families will be approved. We do not keep a waiting list. With the various guidelines that come with each new home and location, not every family will be eligible. We will keep your application information active for one year. When a new home becomes available, we will inform all potential applicants in our database.

Apply Now

 

 
 
 
 
 

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