Benefits of buying a home
So you are thinking of buying a home? Congratulations on taking that first step. Homeownership is a great way to build equity and stability for you and your family.
Is it better to buy or rent?
Buying your own home comes with several benefits including building equity, fixed payments, and the chance to customize your own home. Depending on the market and interest rates buying a home might be cheaper than renting. If you have ever considered buying your own home or just want to see what all the fuss is about join our free class on the pros and cons of homeownership.
Preparing for homeownership
If you have made the important decision that buying your own home is in your future then it is time to get prepared. Preparing for the purchase can be the difference between getting a little slice of heaven or a money pit.
Here are some things you will want to consider:
Habitat for Humanity Program
Habitat for Humanity has made buying a home for qualified low-income borrowers a reality for buyers all over the country. If you are interested in learning how to apply for the Habitat program, register to take the orientation class for your location of interest.
We are available to help you with any part of the process. Please call the respective Habitat for Humanity office in the area in which you want to live to talk with them about the process. Click on the link for the area in which you would like to live, to be connected with the appropriate person.
Additional home buying assistance
Buying a home with a conventional loan requires a lot of upfront costs and a large down payment. There are both down payment assistance and loan options available for qualified applicants who are looking for assistance or other loan programs. Please click on the links below for more information about programs.
- Personal Investment Enterprise (PIE) Down Payment Assistance (External link)
- Colorado Housing and Finance Authority (External link)
- United States Department of Agriculture Rural Housing Loan (External link)
- City of Longmont Down Payment Assistance (External Link)
- City of Boulder Affordable Houses (External Link)
- Thistle (External Link)
- Elevations Community Land Trust (External Link)
- Colorado Housing Assistance Corporation (External Link)
The Homebuyer Education Center is made possible thru a collaboration of several Habitat affiliates to bring first time homebuyers like yourself the resources you need to build financial confidence and know what to expect during the homebuying process.
This collection of short, online classes lets you get familiar with all aspects of homeownership on your own schedule and at your own pace.
Popular Classes
Financial Readiness
Creating a Homebuying Budget
Dos & Don’t’s of Mortgage
Home Insurance 101
How to get your free credit report
Get Started
Am I Ready to Buy?
How the Homeownership Program Works
Find my Habitat affiliate