First Time Buyer

First time homebuyers are subject to many of the same rules and guidelines as any other homebuyer. The state of Missouri has a loan program available to first-time homebuyers called an MHDC(Missouri Housing Development Commission) loan. If you have not owned a home in the past 3 years, you may qualify for an MHDC loan.

MHDC loans provide down-payment assistance to first-time homebuyers.