Twin Cities Habitat for Humanity’s wholly-owned nonprofit mortgage company, TCHFH Lending provides mortgages to low-and-moderate-income households across the seven county metro. Our mortgage can be used on a Habitat-built home or a home you find on the open market. Together, we are creating more opportunity for successful homeownership.
TCHFH Lending, Inc.
Habitat Mortgage Product
3.0% fixed interest rate, 3.0668% APR
30 year term
Affordable monthly housing payment set at no more than 30% of gross income
No mortgage insurance
Maximum mortgage of 96.5% of home’s value – down payment and affordability assistance available depending on income qualification and availability.
Borrower contribution of $3,000 towards closings costs (not including owner’s title insurance if the homebuyer chooses to purchase)
Learn about application requirements and underwriting requirements for approval for a mortgage with TCHFH Lending, Inc.
*Monthly payment estimates quoted reflect the principal and interest portion of the payment and do not include homeowner’s insurance, property taxes, or maintenance fund, which are also required to be paid.
Borrower Down Payment
Borrower-Paid Closing Costs
*Borrower’s contribution to closing costs does not include the owner’s title insurance policy if the homebuyer chooses to purchase.
Please note that our rates and terms can change at any time.