Please review the eligibility requirements before applying!

I’ve read the eligibility requirements, and am interested in taking the next steps.

For assistance with your application please call 509-996-5943, or email contactus@methowhousingtrust.org

Five Steps to Homeownership with MHT

Once you have completed your online application, you will be notified by a MHT staff member and asked to make an appointment to go over your application.

Step One: Initial meeting with MHT Staff:

After completing your online application, you will meet with MHT staff to review your application. Please bring with you:

1. A $30 application fee is required to complete your application.

2. Two (2) most recent pay stubs for all adults (18 and older) in your household

3. Any other applicable income documentation such as:
   • Evidence of child support
   • A year-to-date profit and loss statement and balance sheet, if you are self-employed
   • Any other income documentation, including Disability, Social Security, or SSI statements

4. The last 2 years of signed tax returns and W2s

5. Most recent 2 months of bank statements for all bank, retirement, or investment accounts

6. Asset documentation (Including: savings accounts, real estate, mobile homes, recreational vehicles, boats, art collections. DOES NOT include household possessions, cars, tools)

7. Credit report. You can print a free credit report at annualcreditreport.com

8. Once your application is complete and you are determined eligible, you will enter the pre-qualified waiting pool.

Step Two:  Commitment to Purchase

• When a home becomes available to you, you will be contacted by MHT staff and be asked to complete the following:

• Review MHT’s Ground Lease Policy

• Review CCR’s for your neighborhood

• Sign Intent to Purchase (Commitment to purchase a home from Methow Housing Trust) and pay $100 commitment fee

• Join MHT ($20 membership)

Step Three:  Purchasing

• Work with your CLT approved Lender and provide necessary financial documents. This process takes 45-90 days

• Order an inspection of the house (Not required for new construction)

• Shop for home owner’s insurance

Step Four:  Education and Community Building

• Attend a Homebuyer Education class (One 5 hour class or online class—list will be provided)

• Attend at least one homeowners’ group, MHT board meeting, or MHT annual membership meeting

Step Five: Final Step

• Sign a Purchase & Sale Agreement and pay $500 in Earnest Money to secure a specific home.

• Sign closing documents and pay closing fees at title company.

• Receive the keys to your home after closing, and move in!