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 Homeownership » What to Expect »Planning for Your Future
Adequate savings and good financial management skills are vital to healthy home-ownership. Like any other mortgage company, if your monthly payment is late, you will be charged a late fee. This fee will not be applied towards the amount you owe. If you fall behind on your mortgage payments, SCHFH will foreclose on your house. Having an adequate savings account assures that you will be able to make your mortgage payment if you fall ill or lose your job. It will also allow you to repair or replace parts of your house when they begin to fail.
Keep in mind that you will have lots of expenses you may never have had to pay before. You will need to buy equipment to mow your grass and take care of other yard work. Depending on where your house is located, you may have to privately contract for your trash collection. |
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Habitat follows a very strict nondiscrimination policy regarding gender, family/marital status, sexual orientation, religion, skin color, ethnic background, country of origin, age and disability. We do not discriminate in hiring employees or in selecting homeowners.
Although we are a Christian organization, we do not seek to convert our volunteers or our homeowners. Around the world and within the U.S., we serve those in need, whoever they may be. We gratefully welcome help from all who want to join our fight to make simple, decent housing a matter of conscience.
Government Funding
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