In Habitat communities:
The Dallas Area Habitat for Humanity difference, a home buying experience like no other!
Dallas Area of for Humanity does not require a cash down payment. Instead, you and your family are required to contribute “sweat equity” hours as you participate in the construction of your home alongside community volunteers and Habitat staff. This lowers the amount of money needed as you begin the journey to homeownership.
Unlike banks that charge interest on a loan, your Habitat loan has no interest. Dallas Area Habitat for Humanity provides a 0% mortgage for the entire term of your loan. This helps to keep your payments low and puts more of your hard earned money towards building equity in your home.
Becoming a homeowner for the first time can be a confusing process. In an effort to set our homeowners up for success, Dallas Area Habitat for Humanity provides you with ongoing pre and post purchase services, such as Homebuyer education, throughout the term of your home loan.