Homeownership Screening / Pre-eligibility Form

Interested in purchasing an affordable home in Leavenworth? You've come to the right place.

This screening will help you determine whether you are eligible to purchase an Upper Valley MEND home.

This form asks for personal information about your financial situation. Your answers will be stored in our secure server and deleted if you don't move forward to purchase a home.

If you have questions while completing this screening, you can learn more about MEND's housing program at uvmend.org/housing, or reach out to us at (509) 548-0408 or Kathia@uvmend.org.

Primary Applicant Contact Information

First Name

Last Name

Email

Phone

Have you worked or lived in the Upper Valley for at least one year of your life?
The Upper Valley is defined as the same boundaries as the Cascade School District: Leavenworth, Peshastin, Dryden, Plain, Lake Wenatchee, Blewett Pass, and Stevens Pass.

YesNo

Will this be the only home or property you own?

YesNo, I will retain another home after purchasing this home, or I plan to purchase a second home.

What is your combined annual income (1 person household)?

Include all the income your household makes in a year. You can check last year's tax returns if you aren't sure. If you're adding it up on your own, be sure to include regular employment income, tips, commission, self employment income, child or spousal support, disability income or unemployment. If you are retired, make sure to include retirement income like Social Security, pension or retirement account distributions.

What is your combined annual income (2 person household)?
Include all the income your household makes in a year. You can check last year's tax returns if you aren't sure. If you're adding it up on your own, be sure to include regular employment income, tips, commission, self employment income, child or spousal support, disability income or unemployment. If you are retired, make sure to include retirement income like Social Security, pension or retirement account distributions.

What is your combined annual income (3 person household)?
Include all the income your household makes in a year. You can check last year's tax returns if you aren't sure. If you're adding it up on your own, be sure to include regular employment income, tips, commission, self employment income, child or spousal support, disability income or unemployment. If you are retired, make sure to include retirement income like Social Security, pension or retirement account distributions.

What is your combined annual income (4 person household)?
Include all the income your household makes in a year. You can check last year's tax returns if you aren't sure. If you're adding it up on your own, be sure to include regular employment income, tips, commission, self employment income, child or spousal support, disability income or unemployment. If you are retired, make sure to include retirement income like Social Security, pension or retirement account distributions.

What is your combined annual income (5 person household)?
Include all the income your household makes in a year. You can check last year's tax returns if you aren't sure. If you're adding it up on your own, be sure to include regular employment income, tips, commission, self employment income, child or spousal support, disability income or unemployment. If you are retired, make sure to include retirement income like Social Security, pension or retirement account distributions.

What is your combined annual income (6 person household)?
Include all the income your household makes in a year. You can check last year's tax returns if you aren't sure. If you're adding it up on your own, be sure to include regular employment income, tips, commission, self employment income, child or spousal support, disability income or unemployment. If you are retired, make sure to include retirement income like Social Security, pension or retirement account distributions.

What is your combined annual income (7 person household)?
Include all the income your household makes in a year. You can check last year's tax returns if you aren't sure. If you're adding it up on your own, be sure to include regular employment income, tips, commission, self employment income, child or spousal support, disability income or unemployment. If you are retired, make sure to include retirement income like Social Security, pension or retirement account distributions.

What is your combined annual income (8+ person household)?
Include all the income your household makes in a year. You can check last year's tax returns if you aren't sure. If you're adding it up on your own, be sure to include regular employment income, tips, commission, self employment income, child or spousal support, disability income or unemployment. If you are retired, make sure to include retirement income like Social Security, pension or retirement account distributions.

Total Income

What is your credit score?

Below 600600 or aboveI don't know.

Let's figure out your total monthly debt payments (what you owe).

Do you have debt? This would include things like student loans, a car payment, credit card debt, etc.

YesNo

Debt Details

Please enter all of your monthly debt payments individually below.
Make sure to include all debt, whether you are actively making payments towards it or not.

To add more debt payments, click "add another response."

Name of Debt Account

Ex: "Car Loan" or "Paying off credit cards"

Monthly Payment Amount

Ex: 350 (Include only numbers)

Total Monthly Debt Payments

Debt as % of Monthly Income

Have you entered all of your debt payments?
If No, please add more by clicking "Add another response" in the lower right corner of the Debt Details box above.

YesNo

You most likely do not meet the requirements for the homeownership program.

Based on your answers to this screening, you don't currently meet the requirements for the homeownership program.

Please click the submit button below anyway. Your response helps us know whether we should update our policies to meet the needs of more of our community. MEND may also have resources that can help you become eligible for the homeownership program.

You do not currently qualify for the homeownership program because:

Your household makes more than 120% of the Area Median Income (AMI).

You must make below 120% of the AMI to qualify for this program. See a chart based on household size here.

Your household may not have enough income to cover the costs of owning a home.

Once purchased, your total housing payment should not exceed 35% of your monthly income. See a chart based on household size here. If you have assets that will allow you to reduce your monthly mortgage payment, you may still be able to qualify. Be sure to hit the submit button below.

Your monthly housing and other debt payments would exceed 45% of your income.

You let us know that your monthly debt payments are more than 10% of your monthly income.

To buy a house, you will need to qualify for a mortgage from a bank. The bank checks if you can afford to pay it back using a "debt-to-income ratio." Most lenders require your total monthly debt payments, including your mortgage, to be no more than 45% of your monthly income. Your mortgage can be up to 35% of your income.

Your credit score is lower than 600, or you do not know your credit score.

You will need to qualify for a mortgage to purchase a home. Most mortgage lenders require a credit score of 600 or higher to qualify for a mortgage. MEND can offer credit counseling, and some mortgage lenders may be able to help you increase your credit score. Click here to learn more about how to find your credit score.

You will own more than one home or property after purchasing a home through this program.

We require that the home be your only home at the start of the purchasing process and during your ownership.

You may have too many assets.

MEND's program requires that you do not have personal assets (cash, stocks, boats, jewelry, etc) valued at more than 50% of the value of the home, or retirement assets valued at more than 100% of the value of the home. Current home purchase prices are in the low $300,000s.

Learn more about the eligibility requirements and the process of purchasing a Community Land Trust home at our Housing Qualifications page.

Questions, or want assistance in working towards eligibility? Please contact Kathia Wan, Housing Program Manager, at kathia@uvmend.org.

You may be eligible for the homeownership program!

Based on your answers to this screening, you may be eligible for the homeownership program.

Please note that while current residency or employment in the Upper Valley is not a requirement, prospective homeowners must have lived or worked in the Upper Valley for a least one year in their lifetime to be eligible for the applicant pool.

Click the Submit button below to send this eligibility screening to Kathia Wan, Upper Valley MEND's Housing Manager. She will reach out to set up an appointment to review the program requirements to ensure purchasing an affordable home is right for you. Her email is kathia@uvmend.org.

Questions or comments