Search results
Aug 27, 2024 · First-time home buyers looking for assistance in Missouri can turn to the Missouri Housing Development Commission (MHDC). It runs several home buyer assistance programs that help renters...
People also ask
Does Missouri offer affordable homebuying opportunities for first-time buyers?
What first-time homebuyer loans are available in Missouri?
What is a first-time homebuyer program?
Can a first-time home buyer use the MHDC loan program?
Regional Planning Commissions - some of Missouri's Regional Planning Commissions administer State-funded homebuyer or home repair assistance programs. Statewide Home Buyer Programs - First Place home loans, HERO Loans and MO-AID disaster relief loans.
Jan 26, 2024 · To help provide affordable homebuying opportunities to first-time buyers in the state, the Missouri Housing Development Commission has special programs for first-time or repeat homebuyers,...
Sep 6, 2023 · The federal and Missouri state governments have created first-time homebuyer programs to help deal with these unique financial situations. There are options for every type of borrower, but each one makes homeownership more accessible and affordable.
Are you a first-time homebuyer in Missouri? This comprehensive guide is your essential resource, offering specialized assistance programs and valuable information exclusively tailored for residents of the Show-Me State.
1. MHDC: First Place Program. Missouri Housing provides a pool of money at below-market interest rates that lenders can use to provide 30-year, fixed-rate FHA, VA, USDA, and HFA Advantage conventional loans to first-time homebuyers and qualified veterans. The First Place program also offers cash and non-cash assistance loans.
If you’re buying your first home in Missouri, be sure to check your eligibility for the many nationally-available loan programs designed to help first-time homebuyers. FHA loans, for example, can be easy to qualify for even if you have low credit or a small down payment.
