Homebuyer Application

Before applying:
1. Watch this short video on CLTs.
While applying:
1. Fill out the form as completely as you can. This helps us accurately serve you.
2. Some documents you might want on hand: Paystubs, debt amounts per month & bank balances.
Applicant

The applicant will be the person signing the note on the home.
Name*

First NameLast Name
Email*
example@example.com
Home or Mobile Phone*
Mailing Address*
City*
State*
Postal Code*
Are you a U.S. Citizen or Permanent Resident*

YesNo
Date of Birth*

MonthDayYear
Date
Primary Language*

EnglishSpanishOther
Race

American Indian or Alaskan NativeAsianBlack or African AmericanWhiteNative Hawaiian or Pacific IslanderAmerican Indian and WhiteBlack or African American and WhiteAmerican Indian and BlackChoose Not to RespondOther
Ethnicity

Hispanic or LatinoNOT Hispanic or LatinoChoose Not to RespondOther
What is the total number of people in your household?*
Include yourself in addition to all household members
Out of the above, how many are dependents in the household?*
Dependents are 18 and younger living at home more than 50% of the time. If 0 enter 0.
Do you currently live and/or work or have an offer of employment in the Greater Wenatchee Valley?*

YesNo
Employment Status*

Self-employedWork full-time for employerWork part-time for employerFull-time studentPermanently unable to workUnemployed or seeking workRetiredOther
Co-Applicant (If any)

The Co-Applicant is someone who will also sign the note on the home.
Is there a Co-Applicant who will sign for this home?*

YesNo
Co-Applicant Name

Co-App First NameCo-App Last Name
Co-App Date of Birth

MonthDayYear
Date
Co-App Email
example@example.com
Co-App Phone
Is the Co-Applicant a U.S. Citizen or Permanent Resident?

YesNo
Household Member #2
Name

First Name Last Name
Date of Birth

MonthDayYear
Date
Is this person a dependent of the Applicant and/or Co-Applicant?

YesNo
Does this person live in the house more than 50% of the time?

YesNo
Household Member #3
Name

First NameLast Name
Date of Birth

MonthDayYear
Date
Is this person a dependent of the Applicant and/or Co-Applicant?

YesNo
Does this person live in the house more than 50% of the time?

YesNo
Household Member #4
Name

First NameLast Name
Date of Birth

MonthDayYear
Date
Is this person a dependent of the Applicant and/or Co-Applicant?

YesNo
Does this person live in the house more than 50% of the time?

YesNo
Household Member #5
Name

First NameLast Name
Date of Birth

MonthDayYear
Date
Is this person a dependent of the Applicant and/or Co-Applicant?

YesNo
Does this person live in the house more than 50% of the time?

YesNo
Household Member #6
Name

First NameLast Name
Date of Birth

MonthDayYear
Date
Is this person a dependent of the Applicant and/or Co-Applicant?

YesNo
Does this person live in the house more than 50% of the time?

YesNo
Financial History

Primary applicant
How many times have you been late with your bill payments in the last year?*

NeverOnce2-3 times4 or more times
How much do you typically pay on your monthly credit card bill?*

No credit cardsThe full balanceLess than the full balance, more than the minimum requiredThe minimum requiredLess than the minimum required
If you've been involved in the foreclosure process when was your first notice of foreclosure*

Does not apply1 year ago2-7 years agoOver 7 years ago
If you've declared bankruptcy in the past 7 years, when was your bankruptcy discharge?*

Does not apply1 year ago2-7 years agoOver 7 years ago
Please enter your credit score to help us guide you in acquiring lending*
If you don't know it, click on the link below and get a free credit report.
Note on home financing: Currently a credit score of 640 or higher is generally required to secure lending for a home. If you do not know your credit score, you can check it for free here.
Assets

Cash, investments, and real estate you own.
Please list the current the value of all household assets.
*Checking accounts*
Dollar amount only e.g. 3000
*Savings accounts*
Dollar amount only e.g. 3000
*How much do you currently have saved for a down payment on a home?*
Dollar amount only e.g. 3000
*Investment accounts
Dollar amount only
*Value of owned Real Estate/Land
Dollar amount only
*CDs (Certificate of Deposit) Accounts
Dollar amount only
Other

Name of Asset Value in dollar amount only
Monthly Debts

Monthly debts (car payments, mortgage etc.) allow us to calculate your affordability.
Please list all MONTHLY household debt payments including student loan payments. Not total debt amount, just what you pay monthly. Thank you!
*Credit Cards

Name of Debt MONTHLY Payment
*Education Loans

Name of Debt MONTHLY Payment
*Auto Loans

Name of DebtMONTHLY Payment
*Lines of Credit

Name of DebtMONTHLY Payment
*Mortgages

Name of DebtMONTHLY Payment
*Other

Name of DebtMONTHLY Payment
Employment/Income Source Information

Include each income source any household member receives. Sources of income include employment as well as benefits, social security, child support, interest, unemployment, disability, tips, and self-employment.
What is the total number wage earners in your household?*
Include yourself in addition to all additional wage earners
Wage Earner #1

Applicant
Wage Earner #1*

ApplicantCo-ApplicantOther Household Member
Income Type #1*

Full-Time EmploymentPart-time EmploymentSpousal SupportChild SupportInvestment IncomePensionSocial SecuritySSI/SSDIOther
Date of Hire or first payment*

MonthDayYear
Date
Occupation Description*
*Gross Annual Income from wage earner #1*
In dollars, e.g. 30000
Wage Earner #2
Wage Earner #2

ApplicantCo-ApplicantOther Household Member
Income Type #2

Full-Time EmploymentPart-time EmploymentSpousal SupportChild SupportInvestment IncomePensionSocial SecuritySSI/SSDIOther
Date of Hire or first payment

MonthDayYear
Date
Occupation Description
*Gross Annual Income from wage earner #2
In dollars, e.g. 30000
Wage Earner #3
Wage Earner #3

ApplicantCo-ApplicantOther Household Member
Income Type #3

Full-Time EmploymentPart-time EmploymentSpousal SupportChild SupportInvestment IncomePensionSocial SecuritySSI/SSDIOther
Date of Hire or first payment

MonthDayYear
Date
Occupation Description
*Gross Annual Income from wage earner #3
In dollars, e.g. 30000
Wage Earner #4
Wage Earner #4

ApplicantCo-ApplicantOther Household Member
Date of Hire or first payment

MonthDayYear
Date
Occupation Description
*Gross Annual Income from wage earner #4
In dollars, e.g. 30000
Wage Earner #5
Wage Earner #5

ApplicantCo-ApplicantOther Household Member
Income Type #5

Full-Time EmploymentPart-time EmploymentSpousal SupportChild SupportInvestment IncomePensionSocial SecuritySSI/SSDIOther
Date of Hire or first payment

MonthDayYear
Date
Occupation Description
*Gross Annual Income from wage earner #5
In dollars, e.g. 30000
Gross Household Income
This is a calculation of all wage earners in the households
Income Limits

Common Ground's income limits are 80%-120% of the Area Median Income Limits for Greater Wenatchee as determined by HUD annually adjusted by family size, depending on the specific project. Your income limit is determined by the answer to the question asking for the total household size. Our commitment is to make sure that no homebuyer will spend more than 35% of their gross monthly household income on housing costs with a goal of that being 30%. Those costs include Principal, Interest, Taxes, Insurance, Lease Fees, & HOA Fees.
Your annual Household Income limit for Common Ground's Program
This calculation is based on the number of household members
Current Living Situation
What best describes your current living situation?*

RentOwnLive with Parents/Relatives/FriendsLease PurchaseWork HousingOther
How many bedrooms are in your current home?

Studio123456
Length at Current Residence (must enter a number in each, even if 0)*
Are you at risk of being displaced?*

YesNo
How would you describe the quality of your living situation?

Very GoodAdequatePoor
Do you have standard plumbing, electricity and insulation?

YesNo
Are you over crowded?*

YesNo
*Current Monthly Mortgage/Rent Cost:*
Monthly Utilities (gas, water, electricity, etc)
Do you own (or will you at the time of purchase) another home?*

YesNo
Please describe any special needs or accommodations required by your household. For example, "one-level only" or "at least one ADA-accessible bathroom required."
This will help us determine future buyer needs.
Homeownership Goals
Will you be a first-time homebuyer in your family?*

YesNo
What year did you move to or start working in the Greater Wenatchee Area? *
Which of the following are barriers to buying a home?*

Insufficient incomeOver incomeToo many assetsPoor credit historyInsufficient savings for down paymentDebtLack of referencesPending divorcePetsOwn existing homeOther
In how many months do you expect to be financially ready to qualify for a home loan?*

Less than a month2-4 months5-7 months7-9 months10 or more months
In which areas of the Greater Wenatchee Area are you most interested in purchasing a home?*
What is most important to you about the neighborhood in which you purchase a home? Choose your top 3.*

SchoolsSafety/crimeProximity to work/schoolAccess to public transitProximity to amenitiesProximity to family/friendsStrong housing marketPart of the shared equity program
How many bedrooms would you like in your new home?*

Studio123
Community Land Trust Commitment

Community Land Trusts require more communication, collaboration, and participation than other renting or ownership models in the traditional market. How are you feeling about CLT Ownership? These answers (this section only) are sometimes anonymously shared in our public outreach in order to further the purpose of Common Ground, thank you for your honest input!
What do you and your family like about the possibility of living in a Common Ground home?
What are your concerns or reservations about living in a Common Ground home?
What is your present understanding of the Community Land Trust model for owning a home?
For more information visit: https://commongroundwenatchee.com/our-organization
How did you hear about Common Ground?

My Products

Homebuyer Application Fee$30.00

(Processed as a donation, but is actually the application fee, we will send a confirmation)

Total $0.00

Credit Card Details
First Name	Last Name
Credit Card Number	Security Code
Card Expiration

To submit the application:

1. Check the box below acknowledging you have attended a Common Ground info session.

2. Check the box below to acknowledge that your answers above are true and correct to your knowledge.

3. Submit and sign electronically by signing and clicking "Submit" below.
I will attend a Common Ground Information Session.
Answers submitted in this application are true to my best knowledge.
Signature*

Clear
Date of Application:*

MonthDayYear
Date
Once submitted, Common Ground will contact you with documentation needed to finish your application and next steps. Thank you!
Please verify that you are human*
Should be Empty:

Applicant

Co-Applicant (If any)

Household Member #2

Household Member #3

Household Member #4

Household Member #5

Household Member #6

Financial History

Assets

Monthly Debts

Employment/Income Source Information

Wage Earner #1

Wage Earner #2

Wage Earner #3

Wage Earner #4

Wage Earner #5

Income Limits

Current Living Situation

Homeownership Goals

Community Land Trust Commitment