To be eligible to purchase one of our homes and take advantage of the
EVERGREEN OR @HOME special financing programs you must:

 

• Have NOT owned a home within the past three years.

 

• Have at least $1,000 available for a down payment and approximately $375 available for the first year's homeowners' insurance premium.

 

• Have a total combined household income before taxes of LESS than:

EVERGREEN PROGRAM

Household Size	1	2	3	4	5	6	7
Annual Household Income	$39,700	$45,350	$51,000	$56,650	$61,200	$65,750	$70,250

 

@HOME PROGRAM

Household Size	1	2	3	4	5	6	7
Annual Household Income	$59,520	$68,040	$76,560	$84,960	$91,800	$98,640	$105,360

 

• Use the home you purchase from HCT as your principal residence – the home MAY NOT be used as a rental for as long as you own the property.

 

• Attend the required five-hour First Time Homebuyers class as well as the Supplemtental Counseling Class if purchasing a home that is in the @HOME program.

 

• Be willing to repair any outstanding credit issues. Bankruptcies must have been discharged for the minimum period required by the First Mortgage Lender

 

• Agree to offer the home for sale to HCT first before selling on the open market. (This can be of great benefit since no realtor commissions are incurred.)

 

• Agree to specific financial terms if the home is sold during the first 5 years of ownership.

 

 

If you are able to meet this eligibility criteria, HCT’s programs offer an
unparalleled homeownership opportunity!