Fast-Track Homes
Affordable homes available for purchase.
Greater Matthews Habitat for Humanity offers limited-income families the opportunity to purchase not only newly constructed homes, but also select existing homes made affordable through community partnerships.
Like all Habitat homebuyers, purchasers of existing homes are active participants in the process. Through our Home Buyer Program, individuals and families prepare for long-term success by completing homeownership education, financial coaching, and volunteer requirements through our Fast-Track Homebuyer Program.
​
These homes are sold at an affordable price with favorable financing options—providing a pathway to homeownership that builds strength, stability, and independence. Whether newly built or existing, each Habitat home offers a foundation for a brighter future.
Fast-Track Greater Matthews Habitat Homebuyers must:
Meet income requirements
Applicants must qualify for financing through our third-party lending partner, which helps establish the minimum required income based on ensuring that the monthly mortgage payment does not exceed 30% of gross income. At the same time, the household income must remain below a maximum limit set by our municipal and developer partners to preserve long-term affordability.
Be able to close within 60-90 days of selection
Applicants must be prepared to close within 30-60 days of selection, including ability to pay closing costs.
Have a willingness to partner
All buyers are required to complete HIP-hours as part of the Homebuyer Program. Individual applicants must complete 50 hours within the 60–90 days leading up to closing. For couples applying together, each person must complete 50 hours, for a combined total of 100 hours during the same pre-closing period.
Current Listings
Sycamore Trail Townhomes
2 units available
approx. 1,000-square ft.
2 bedrooms
2.5 bathrooms
attached 1-car garage
Sales Price: $334,000
Estimated Monthly Payment: $2,000
(Includes principal, interest, taxes, homeowners insurance, and $250 monthly HOA. Final amount may vary.)
Special Financing Opportunity: 2.5% interest, $0 down payment
(Must use our approved lender)
​
To be eligible to purchase one of these townhomes, buyers must:
-
Have a household income between $75,000 and $89,750 annually (The maximum income is a strict requirement based on the town's affordability agreement.)
-
Be willing to complete Greater Matthews Habitat’s Fast-Track Homebuyer Program
-
Agree to deed restrictions placed on the property to preserve long-term affordability
Greater Matthews Habitat for Humanity provides equal housing opportunity to all.
Greater Matthews Habitat for Humanity has pledged to the letter and spirit of U.S. Policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status or national origin.
Here are answers to the questions we hear most.
-
How do I get a Habitat-built house?Greater Matthews Habitat for Humanity does not give away homes. We provide a hand up, not a handout. You will be purchasing your home, and we work with you to make sure you have an affordable housing cost after purchasing the home. Each applicant must agree to partner with us in the program, which includes providing all documentation needed as well as attending homebuyer education classes and completing volunteer "HIP-hour" requirements.
-
Are Habitat homes free?No, Habitat homeowners purchase their home, and pay an affordable mortgage.
-
When will you accept applications again?At this time, we do not have a date set for our next application period.
-
How much does a Greater Matthews Habitat mortgage cost?Your mortgage payment (including principal, interest, taxes, and insurance) will be no more than 30% of your gross monthly income. This helps to ensure that you are able to continue making payments on your home while having enough remaining income to provide a healthy, stable life for you and your family.
-
What is meant by "ability to pay"?Must be able to afford monthly mortgage payments Debt-to-income ratio has to be lower than 13% Stable income of at least $45,000 a year but less than 80% of the AMI based on family size.
-
Do I need enough savings for a down payment?No. We consider the required 150 volunteer "HIP-hours" as down payment. However, you are required to cover closing costs.
-
What do you mean by "family"?Greater Matthews Habitat for Humanity understands that there are many types of families, and all are welcome to apply to our program. You determine who your family is. Just a few examples of family are: an individual applying alone, a married couple with children, a single parent, a non-married couple, or a family that includes aunts, uncles, or parents. Unless there are circumstances outside of your control, you must have lived with all the household members shown on your application for at least 6 months.
Need more help?
Send a message to our Homeowner Services Department.
-
How do I get a Habitat-built house?Greater Matthews Habitat for Humanity does not give away homes. We provide a hand up, not a handout. You will be purchasing your home, and we work with you to make sure you have an affordable housing cost after purchasing the home. Each applicant must agree to partner with us in the program, which includes providing all documentation needed as well as attending homebuyer education classes and completing volunteer "HIP-hour" requirements.
-
Are Habitat homes free?No, Habitat homeowners purchase their home, and pay an affordable mortgage.
-
When will you accept applications again?At this time, we do not have a date set for our next application period.
-
How much does a Greater Matthews Habitat mortgage cost?Your mortgage payment (including principal, interest, taxes, and insurance) will be no more than 30% of your gross monthly income. This helps to ensure that you are able to continue making payments on your home while having enough remaining income to provide a healthy, stable life for you and your family.
-
What is meant by "ability to pay"?Must be able to afford monthly mortgage payments Debt-to-income ratio has to be lower than 13% Stable income of at least $45,000 a year but less than 80% of the AMI based on family size.
-
Do I need enough savings for a down payment?No. We consider the required 150 volunteer "HIP-hours" as down payment. However, you are required to cover closing costs.
-
What do you mean by "family"?Greater Matthews Habitat for Humanity understands that there are many types of families, and all are welcome to apply to our program. You determine who your family is. Just a few examples of family are: an individual applying alone, a married couple with children, a single parent, a non-married couple, or a family that includes aunts, uncles, or parents. Unless there are circumstances outside of your control, you must have lived with all the household members shown on your application for at least 6 months.