Orientation Quiz

Name*
First Last
Phone*
Email*
Address*
Street Address Address Line 2 City State ZIP Code
1. The mortgage payment cannot exceed 30% of my gross monthly income?*
- a. True
- b. False
2. What is the maximum total debt to income ratio to qualify for a Habitat home?*
- a. 43%
- b. 55%
- c. 80%
- d. 90%
3. How much money is required towards closing cost for a Habitat home?*
- a. $4000
- b. $1000
- c. $2000
- d. $7000
4. Is homeowner’s insurance included in my mortgage payment?*
- Yes
- No
5. Are the city and county taxes included in my mortgage payment?*
- Yes
- No
6. How many sweat equity hours do I need?*
- a. 450 hours
- b. 500 hours
- c. 200 hours
- d. 350 hours
7. Who in my household will be considered an “applicant” in the Habitat program?*
- a. The entire household, regardless who is on the mortgage.
- b. The individuals who will be on the mortgage and responsible for making payments
- c. Houseguests
- d. My grandchild who visits each summer.
8. What checks will Habitat do when I apply?*
- a. Background check
- b. Sex Offender Registry Check
- c. Credit check
- d. All of the above
9. If I have a judgement, does it need to be paid before I apply for the Habitat homeownership program?*
- Yes
- No
10. What does my immigration status need to be in order to be accepted into the Habitat homeownership program?*
- a. Legal permanent resident or US citizen
- b. Legal permanent resident or work visa
- c. US citizen or work visa
- d. any immigration status in fine.