FAQ
Q: What are the requirements for being choose to own a home.
A: The people must be active in their community volunteering to help others. They must also been volunteering for a least one year. They must be low income and unable to obtain a conforming mortgage . | Q: What kind of homes will be provided
A: At the present time we are only working with Single Family Homes, that are detached |
A: The Society For Homes will purchase the home and provide an affordable zero percent mortgage. If the homeowner can not afford the whole purchase price, the mortgage amount will be based on what they can afford. | Q: How is income determined .
A: All people who are living in the home and are over 18 income will be included. | | | | |
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