The process is simple. The family will save 20% of the value of a Median Price Home. The family will then apply for a mortgage with the National Bank. The family will pay 1/3 of their income on their portion of the mortgage, and HHS will pay the rest of the mortgage. The mortgage period will be for 15 years.
The family will be responsible for utilities and insurance. This will be in addition to the mortgage price. An assessment will be made with HHS before they apply for a mortgage. The Home Owner will only qualify for one house, so selling the house will likely not be of benefit to the family.