MHDC Low Interest Loans For MO 1st Home Purchasers

Special Loan Program For 1st Time Buyers In MO

Looking to purchase your 1st residence in Missouri but find yourself at a loss as to where to turn for a mortgage loan? Look no further. First time home buyer loans in Missouri are provided by the Missouri Housing Development Commission (MHDC). Not only do they provide below-market rates on your home loan, they also provide other ample programs for 1st time home buyers.


Missouri First Time Home Buyer Loans
Missouri First Time Home Buyer Loans

Here are some details on MHDC’s loan program:

> Non Cash Assistance Payment (Non CAP)


Provides lower interest rate to first-time homebuyers who do not need down payment and closing costs assistance.


Need more information? Call Toll Free 800-246-7973


Non CAL details:


Qualified first-time homebuyers are eligible for lower interest rates than those who use the CAP program.
These rates will result in a lower monthly payment.
This program does not provide down payment and/or closing cost assistance.
No junk fees are allowed. The lender may charge standard closing costs.


Purchase Price Limits

Type of Home

Non-Target Area

Target Area*

Single family home






Note:  These limits are subject to change in accordance with regulations.

*Target Area:  click here

For complete details on this loan, including contact information and instructions on how to apply, please visit this MHDC loan information page.

More Missouri First Time Buyer Resources

In addition to the above first time homebuyer loan from MHDC, there are resources available as well. Be sure to visit Missouri down payment assistance, as well as our page that shares details about grants available in MO to purchase your first home.