The FHAP program offers two options: shared appreciation and guaranteed loan. For both options, a committee reviews co-borrower’s tenure status, debt/income ratio, household income, household net worth, and number of dependents. These criteria are weighted to favor those with lower household income and net worth and newer tenure-track faculty.  The loan approval rate is high, with only a small number of loans not approved. 

To find out if you’re eligible fill out this application [3].

For the Landed program, click here [4].

Click here [4] for more detailed information and here [5] for FAQs.