MHO offers several programs to help families achieve the dream of homeownership. To participate, families or individuals must have lived in WNC for at least one year and fall within the following income guidelines. And, as with any lending program, stable employment and good credit are necessary. Additional eligibility requirements may apply.
Turn-Key Homeownership Program
Looking for a home? MHO’s Turn-Key Homeownership Program offers new, energy-efficient homes with built-in, no-interest, deferred financing in amounts up to 30% of the purchase price.
If you are a realtor seeking additional Turn-Key program information, contact Megan Kirby at 828-254-4030, x122.
We are beginning the construction of affordable Turn-Key townhomes in Swannanoa.
Contact Megan at email@example.com for more information.
Meet Neomi, one of our Turn-Key homeowners, in this video.
Downpayment Assistance Program
Downpayment Assistance can fill the cash gap between the amount of your first mortgage and the total cost to purchase a home. While these loan funds can be used for downpayment, they can also be used to cover closing costs or to simply increase your purchasing power. To learn more about the program take a look at our brochure.
To start the Downpayment Assistance application process, complete the intake and authorization forms and email them to firstname.lastname@example.org or fax them to 828-254-0120. If you have questions, please call Kelly Nossiter at 828-254-4030, ext. 127.
If you are a lender seeking additional program information or have questions about our lender guidelines, contact Kelly Nossiter at 828-254-4030, x127.
Meet Lorre, who participated in our Downpayment Assistance Program, in this video.
MHO’s Self-Help Homeownership Program provides families and individuals the opportunity to achieve the dream of homeownership. The Self-Help program brings together a group of four to six qualifying families to work cooperatively to build their homes under the guidance of an MHO construction supervisor. All homes are financed with low-interest USDA mortgages, which along with the “sweat equity” construction hours put in by the homeowners, reduces the cost of the homes. With the Self-Help program, neighbors work alongside one another to build a community from the ground up. The program is labor intensive, but also immensely rewarding. Read what Treva Williams, one of our Self-Help homeowners, has to say.
MHO is currently recruiting families and individuals for the next round of Self-Help homes. Learn more about the program and get some answers to frequently asked questions.
To start the Self-Help application process, complete the pre-qualification and authorization forms and email them to email@example.com or fax them to 828-254-0120.
If you have questions, please call Megan Kirby at 828-254-4030, ext 122.
Meet Treva, one of our Self-Help homeowners, in this video.