Community Home Trust Homeownership Readiness Questionnaire

Primary Applicant Information. Before completing this form, please be sure you meet program qualifications.

Primary Applicant's Contact Information

First Name

Last Name

Birthdate

Email

Phone Number

Current Employer

Preferred Language:

If other, please specify:

Please select your student status:

Would you like to receive text message updates and reminders?

YesNo

If yes, please enter mobile phone number to receive text messages.

Address Information

Current Street Mailing Address

City

State

Postal Code

Household

Household Information

How many people will live with you at least 50% of the time?
Please include yourself. For example, if there will be 5 people in the household including yourself, please put 5.

Number of Adults (over the age of 18).

Number of Children

Second Adult

First Name:

Last Name:

Birthdate:

Phone Number

Email Address:

Current Employer:

Relationship

Please select student status:

Third Adult

First Name:

Last Name:

Birthdate:

Phone Number

Email Address:

Current Employer:

Relationship

Please select student status:

Fourth Adult

First Name:

Last Name:

Birthdate:

Phone Number

Email Address:

Current Employer:

Relationship

Please select student status:

Fifth Adult

First Name:

Last Name:

Birthdate:

Phone Number

Email Address:

Current Employer:

Relationship

Please select student status:

Add Your Dependents

Dependent 1

First Name

Last Name

Birthdate:

Dependent 2

First Name

Last Name

Birthdate:

Dependent 3

First Name

Last Name

Birthdate:

Dependent 4

First Name

Last Name

Birthdate:

Dependent 5

First Name

Last Name

Birthdate:

Dependent 6

First Name

Last Name

Birthdate:

Dependent 7

First Name

Last Name

Birthdate:

Dependent 8

First Name

Last Name

Birthdate:

Dependent 9

First Name

Last Name

Birthdate:

Dependent 10

First Name

Last Name

Birthdate:

Income

Our program qualifications require a household minimum gross monthly income of $3,750 ($45,000/year). What is your total MONTHLY household income before taxes?

Please include the total MONTHLY income for all adults (over the age of 18) in your household who earn money. Use the amount before taxes and other deductions are taken out (this is called "gross income"). Include all sources (wages, child support, gifts, social security, disability, etc.) Whole dollar amounts only -- no decimals, no commas, no spaces.

Example:
If you make $3,000 a month before taxes, and your spouse or partner makes $4,000 a month before taxes, your total monthly household income would be entered as 7000.

You can check your paystub(s) to find your gross income.

Enter a number between 1 and 9999, without commas or decimals.

Real Estate

Do you currently or have you ever owned real estate? (In the United States or abroad)

This question also applies to partial ownership or an inheritance of real estate. Note: our program does not allow applicants to currently own real estate or have a mortgage.

Yes, I currently own real estate or have a mortgage.Yes, I have owned real estate or had a mortgage within the past 3 years.Yes, I have owned real estate or had a mortgage, but it was over 3 years ago.No, I have never owned real estate or had a mortgage.

Residency Status

Please select your residency status. Your response is confidential and used only for internal CHT purposes. It is not shared outside our organization, and it does not affect your eligibility. Please note that some lenders may request this information from you during the mortgage process.

Assets

Closing costs are the fees and expenses associated with completing a home purchase, such as lender, title, appraisal, recording, insurance, and prepaid tax or escrow costs. The specific amount varies by home, lender and loan type. Candidates are responsible for understanding and planning for the costs associated with purchasing a home. Closing costs average $6,000 to $10,000, but could be less/more. Do you have at least $6,000 saved for closing costs? (By answering the following question, I understand that closing costs are an expected expense to be paid by me and can present barriers to moving forward in the process if I do not have sufficient savings to cover them.)

Yes, I have at least $6,000 currently saved in my bank account for closing costs. No, I do not have at least $6,000 currently saved in my bank account for closing costs.

If you do not have at least $6,000 saved for closing costs, please indicate that amount you have saved in checking and savings.

Do you have greater than $20,000 in non-retirement assets?

YesNo

Please enter the total amount you have in non-retirement assets.

Enter numbers only. For example, if the amount is $21,100, enter 21100.

Credit Score

While CHT does not check credit score, it's important to note that a mortgage lender will consider your credit score in an application. If you have significant debt, this may also impact mortgage readiness. We encourage candidates to reduce debt while waiting for a home ownership opportunity.

Please select your credit score range:

Closing Costs Gift

Do you anticipate receiving a gift (not to exceed $10,000) to cover closing costs? (Note: If selected for a. home, CHT will require documentation for our files).

YesNo

Please indicate the amount you anticipate receiving as a gift.

Enter numbers only. For instance, if you anticipate receiving $5,000, enter 5000.

Orange County Demographic

Have you lived or worked in Orange County for at least one year?

YesNo

Have you lived or worked in Chapel Hill for at least 6 months?

YesNo

First-time Homebuyer

Are you a first time homebuyer?

First time homebuyers are defined as an individual who has not owned or partially owned a home in the last three years.

YesNo

Orange County Housing Authority Housing Choice Voucher

Do you plan to use Section 8 voucher to purchase a CHT home (not a rental voucher)?

YesNoRental vouchers must be converted to homeownership vouchers by the housing authority.

Have you contacted Orange County Housing Authority regarding a homeownership housing choice voucher?

YesNo

Check below.

I understand that I must provide a homeownership housing choice voucher to CHT in order for your application to move forward.

Accommodations

Do you require disability/access accommodations for your home?

YesNo

If yes, please describe the accommodation you need.

Please indicate your preferences for Community Home Trust's homeownership program. NOTE: matches follow program guidelines -- household size and housing cost ratios determine eligibility, and preferences do not guarantee availability or specific home size.

I verify that the information I have entered is correct to the best of my ability and I understand that Community Home Trust has the right and a responsibility to verify that the information I have entered is correct.

YesNo

I have read and understand the following: Upon submission, I will receive an automatic email confirming that Community Home Trust has received my application which will be reviewed on a first-in, first-out basis. CHT will only contact me if additional information is needed or if my profile matches an available home. The home buying process is lengthy and can range from a few months to several years. If any of my contact information, household size or income changes, I am responsible for updating my profile with CHT in order to remain active in the candidate pool. CHT has the right to withdraw my application due to non-response after 3 attempts to reach me.

YesNo