Resources for Headwaters Homeowners

Welcome to our stewardship programming– We've got you covered.

Buying a home in our Housing Trust is just the beginning: Headwaters has an ongoing relationship with our homeowners. We provide support for residents through our stewardship programming to ensure homes in our Trust stand the test of time.

 On this page, you will find resources and forms to support you with anything from capital improvement projects to resales to refinances.

Communication is key, and we’re here to help! You can reach our Homeownership Director Courtney Naumann at 406-580-6909 or cnaumann@headwatershousing.org.

For property management requests such as HOA questions, landscaping, or neighborhood repairs, reach out to Saddle Peak Properties at info@saddlepeakproperties.com

 

Capital Investment Projects

One of the benefits of homeownership is the ability to adapt the living space of your home. Headwaters encourages you, as a homeowner, to make capital improvements and to upgrade capital systems in your home as your preferences and finances allow. At the same time, Headwaters wants to ensure that any post-purchase improvements are done well, meet local code requirements and do not significantly impact the affordability of the home for the next income-qualified buyer at resale.

Note: Failure to get prior written consent for capital investments may impact your ability to receive credits for the capital improvement upon resale.

 

 

Mortgage Refinance or Home Equity Loan Request

Important: Mortgage refinances and home equity loans for community housing trust homes are unique and require more due diligence and coordination than standard transactions to ensure financial health!

During the lifetime of your loan, you may be interested in exploring a refinance or home equity loan for various reasons. The Community Housing Trust seeks to encourage homeowners to pursue this option as finances allow, while balancing protection of the home’s resale-restricted value. It is required for homeowners and industry professionals, such as lenders and title companies, to work with the Community Housing Trust before closing to ensure any change in mortgage is compliant with the ground lease.

If you’re exploring a potential refinance or home equity loan, let us know as soon as possible in writing, read the resources below, and connect the Community Housing Trust with your lender immediately.

Selling Your Home

Selling a Community Land Trust home is different from selling a home on the open market. Your ground lease includes specific terms that protect affordability for future buyers.

If you are working with a lender, please make sure to connect them with Courtney, our homeownership director. CHT homes have some unique characteristics that impact refinances and resales.