Missouri offers 29 down payment assistance programs to help homebuyers cover their down payment and closing costs. This includes 5 grant programs that never require repayment. Programs range from statewide options administered by the state housing finance agency to local city and county programs targeting specific communities.
Maximum assistance available reaches $50,000 through the most generous program. Credit score requirements start as low as 600 for some programs. Most programs require the home to be your primary residence, and many require homebuyer education.
Top Down Payment Assistance Programs in Missouri
Highlighted programs that combine high assistance amounts with statewide or major-metro availability. See the full list below.
City of St. Louis Homebuyer Assistance Program (HomeSTL)
verifySt. Louis Development Corporation (SLDC)
UP TO $40,000 ($50,000 if purchasing in a HUD Qualified Census Tract)
Joplin Homebuyer Assistance Program 2 (JHAP2)
verifyCity of Joplin
UP TO $40,000 (ARPA-funded; program status unconfirmed)
City of Springfield DPA
verifyCity of Springfield
$5,000 to $10,000 (or UP TO $35,000 for very low-income households)
Kansas City Employee Homeownership Assistance Program
verifyCity of Kansas City, Missouri
20% down payment (max (max UP TO 20% down payment (max $30,000) plus closing costs UP TO $5,000)
Down Payment Assistance
openConfederated Tribes of Grand Ronde - Housing
20 (max $20,000)
Grant Programs (5)
Grants are the gold standard of down payment assistance. You receive the money and never have to pay it back.
Joplin Homebuyer Assistance Program 2 (JHAP2)
City of Joplin
Eligibility Snapshot
- First-Time Buyer
- No
- Income Limit
- Household income must not exceed 300% of...
- Min Credit Score
- Not specified
- Property Types
- Not specified
- Max Price
- Not specified
Quick Facts
- Loan Types
- Not specified
- Assistance Type
- grant
- Profession
- all
- Homebuyer Ed.
- Not specified
Income Limits
Household income must not exceed 300% of Federal Poverty Guidelines
Check AMI limits for your county →Repayment Terms
Was a grant (ARPA funds)
Additional Requirements
ARPA-funded program. ARPA obligation deadline was December 31, 2024. Original program page no longer resolves (404)
Notes
Current program is JHAP-3 (Round 3, $1M pool, up to $40,000 per household). JHAP-3 opened March 2026 and closed April 1, 2026 due to overwhelming demand. Original JHAP2 URL (joplinmo.org/932) returns 404. Program details for eligible loan types, credit score, and property types not published in official JHAP-3 materials. Contact: Loni Smith, lsmith1@joplinmo.org, 417-624-0820 ext. 1556.
Down Payment Assistance
Confederated Tribes of Grand Ronde - Housing
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Not specified
- Min Credit Score
- Not specified
- Property Types
- Single-Family, Condominium, Townhouse/PUD
- Max Price
- Not specified
Quick Facts
- Loan Types
- Freddie Mac, Fannie Mae, FHA, VA, USDA-RD +1
- Assistance Type
- grant
- Profession
- All
- Homebuyer Ed.
- Yes
FHLBank Des Moines Home$tart Grant
Federal Home Loan Bank of Des Moines (via member lenders)
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- 80% AMI
- Min Credit Score
- Not specified
- Property Types
- single-family, manufactured home, condo, multifamily up to 4 units
- Max Price
- Not specified
Quick Facts
- Loan Types
- FHA, VA, USDA, Conventional
- Assistance Type
- grant
- Profession
- all
- Homebuyer Ed.
- Yes
Repayment Terms
Grant. Prorated recapture if sold, refinanced, or no longer owner-occupied within 5-year retention period.
Additional Requirements
Must apply through a participating FHLBank Des Moines member lender. 2026 quarterly release schedule: Jan 2 ($3M, depleted Jan 27), Apr 1 ($4M, fully reserved), Jul 1 ($4M, upcoming), Oct 1 ($3M, upcoming). Subject to quarterly fund availability. check with participating lender for current round status
Notes
Missouri is in the FHLBank Des Moines district. Grant is a flat $15,000 (not a range). A separate Native American Homeownership Initiative (NAHI) provides $25,000 and is a distinct program. Funds fully depleted as of April 1, 2026; next round available July 1, 2026. Grant secured via 5-year deed restriction with pro-rata forgiveness over 60 months. Lender sets credit score requirements.
Habitat KC / Health Forward Foundation DPA Grant
Habitat for Humanity Kansas City
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- 80% AMI
- Min Credit Score
- Not specified
- Property Types
- Not specified
- Max Price
- Not specified
Quick Facts
- Loan Types
- Not specified
- Assistance Type
- grant
- Profession
- all
- Homebuyer Ed.
- Yes
Repayment Terms
Grant. Does not need to be repaid.
Additional Requirements
Funded by Health Forward Foundation. Property must be under contract at time of application
Notes
Program closed and reopening April 2026. Service area: Jackson, Platte, Clay County MO and Wyandotte, Leavenworth, Johnson County KS. Requires Credit Authorization form. DTI below 45%. Application through Habitat KC directly.
Down Payment Assistance
Restore SGF
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Not specified
- Min Credit Score
- Not specified
- Property Types
- Not specified
- Max Price
- Not specified
Quick Facts
- Loan Types
- Freddie Mac, Fannie Mae, FHA, VA, USDA-RD +1
- Assistance Type
- grant
- Profession
- All
- Homebuyer Ed.
- Yes
Forgivable Loans (12)
Forgivable loans are forgiven after a set period of living in the home. If you stay, you keep the money.
City of St. Louis Homebuyer Assistance Program (HomeSTL)
St. Louis Development Corporation (SLDC)
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- 80% AMI
- Min Credit Score
- Not specified
- Property Types
- single-family
- Max Price
- Not specified
Quick Facts
- Loan Types
- FHA, VA, Conventional, HomeReady, HomePossible, CRA Portfolio Loan
- Assistance Type
- forgivable loan
- Profession
- all
- Homebuyer Ed.
- Yes
Interest Rate
0%
Repayment Terms
0% interest forgivable loan; 5-year term for amounts up to $40,000, 15-year term for amounts over $40,000
Additional Requirements
HomeSTL program currently paused as of March 2026 -- all funds allocated
Notes
Program on pause as of 2026. all funds fully allocated and reserved. SLDC is actively seeking additional funding. Property must be located within City of St. Louis boundaries.
Kansas City Employee Homeownership Assistance Program
City of Kansas City, Missouri
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Not specified
- Min Credit Score
- 680+
- Property Types
- single-family, condo, townhome
- Max Price
- Not specified
Quick Facts
- Loan Types
- conforming fixed-rate mortgage
- Assistance Type
- forgivable loan
- Profession
- all
- Homebuyer Ed.
- Yes
Repayment Terms
Forgivable loan (specific forgiveness timeline not confirmed from official page. JS-heavy site prevented extraction)
Additional Requirements
Full-time KCMO city employee with minimum 5 years of service. Must be in good standing with the city. Must provide at least 2.5% down payment from own funds. Must complete financial management, homebuyer counseling and education before applying. One loan per qualified household during city employment. Priority given to employees in severely distressed census tracts
Notes
Must be first-time homebuyer AND full-time City of Kansas City employee with 5+ years of service. Occupancy requirement: Primary residence within KCMO city limits
St. Charles County DPA
St. Charles County
Eligibility Snapshot
- First-Time Buyer
- No
- Income Limit
- 80% AMI
- Min Credit Score
- Not specified
- Property Types
- single-family, condo, 1-4 unit
- Max Price
- $242,000 (existing construction); $320,000 (new construction)
Quick Facts
- Loan Types
- FHA, Conventional, USDA, VA, MHDC, approved portfolio products
- Assistance Type
- forgivable loan
- Profession
- all
- Homebuyer Ed.
- Yes
Income Limits
At or below 80% AMI (St. Louis MO-IL HUD area limits)
Check AMI limits for your county →Interest Rate
0%
Repayment Terms
Deferred loan (no monthly payments); forgiven after 5 years if the buyer remains in the home
Additional Requirements
No first-time buyer requirement. Minimum $1,000 from own funds vested. Front-end DTI 36%, back-end DTI 42%. CLTV cannot exceed 105%. Property must pass visual lead and occupancy inspections (St. Charles County) plus certified building inspection. Primary loan must be fixed-rate, minimum 10-year term. HUD-approved homebuyer education plus one-on-one counseling required. Closing at least 30 days after pre-approval.
Notes
Forgiven at 20% per year ($2,000/year) over 5 years if buyer maintains primary residency in St. Charles County.
City of Columbia Homeownership Assistance
City of Columbia
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- 80% AMI
- Min Credit Score
- 600+
- Property Types
- single-family, condo
- Max Price
- $249,000 (existing construction); $284,000 (new construction). effective December 1, 2025
Quick Facts
- Loan Types
- Not specified
- Assistance Type
- forgivable loan
- Profession
- all
- Homebuyer Ed.
- Yes
Interest Rate
0%
Repayment Terms
0% interest loan, forgivable after 10 years
Additional Requirements
Buyer must contribute minimum $500 cash toward purchase. Cannot have more than $25,000 in readily available resources (unless excess invested in home). Property must pass city inspection and meet property maintenance code. Pre-1978 homes may require lead risk assessment. Property must be within Columbia city limits and outside floodplain.
Notes
First-time homebuyers, displaced homemakers, or single parents. Occupancy requirement: 10 years for full forgiveness
Beyond Housing Down Payment Assistance
Beyond Housing
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Sliding scale based on income and jurisd...
- Min Credit Score
- Not specified
- Property Types
- Not specified
- Max Price
- Varies by area: St. Louis County $200,000/$275,000; St. Charles County/O'Fallon $242,000/$320,000; Jefferson County $196,000/$275,000 (existing/new construction)
Quick Facts
- Loan Types
- fixed-rate mortgage
- Assistance Type
- forgivable loan
- Profession
- all
- Homebuyer Ed.
- Yes
Interest Rate
0%
Repayment Terms
0% interest, no monthly payments. Forgiven after 5 years. Prorated repayment if sold, transferred, or moved during 5-year term.
Additional Requirements
Must complete Beyond Housing Homebuyer Education course. Must participate in Beyond Housing Housing Counseling Program at least 10 days prior to closing. Closing must be at least 30 days from DPA application date
Notes
No home ownership in past 3 years, or lost home due to divorce with custody of children. Occupancy requirement: 5 years for full forgiveness
City of O'Fallon Down Payment Assistance Program
City of O'Fallon
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Low-moderate income
- Min Credit Score
- Not specified
- Property Types
- Not specified
- Max Price
- Not specified
Quick Facts
- Loan Types
- Not specified
- Assistance Type
- forgivable loan
- Profession
- all
- Homebuyer Ed.
- Yes
Income Limits
HUD low-to-moderate income; 2026 limits: 1 person $57,800; 2 persons $66,050; 3 persons $74,300; 4 persons $82,550; 5 persons $89,200; 6 persons $95,800
Check AMI limits for your county →Interest Rate
0%
Repayment Terms
Zero-interest forgivable loan; specific forgiveness term not confirmed from official page
Additional Requirements
Funded through HOME Investment Partnerships Consortium
Notes
Funded through St. Louis County HOME Consortium. Pre-purchase housing counseling is required for eligibility.
St. Louis County 1st Home Down Payment Assistance Program
St. Louis County Department of Human Services, Community Development
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- 80% AMI
- Min Credit Score
- Not specified
- Property Types
- single-family, condo, 1-4 unit
- Max Price
- $200,000 (existing construction); $275,000 (new construction)
Quick Facts
- Loan Types
- FHA, Conventional, USDA, VA, MHDC, approved portfolio products
- Assistance Type
- forgivable loan
- Profession
- all
- Homebuyer Ed.
- Yes
Income Limits
At or below 80% AMI; sliding scale (lower income = higher DPA amount)
Check AMI limits for your county →Interest Rate
0%
Repayment Terms
0% interest, $0 monthly payments. Forgiven after 5 years primary residence. 20% forgiven per year (prorated).
Additional Requirements
Buyer must have minimum $1,000 from own funds vested. Front-end DTI 36%, back-end DTI 42%. CLTV cannot exceed 105%. Property may not be in Flood Zone X. HUD-approved homebuyer education plus one-on-one counseling required. Closing at least 45 days after first notification.
Notes
First-time homebuyers. Occupancy requirement: 5 consecutive years as primary residence for full forgiveness
CAASTLC Housing Assistance (IDA/DPA)
Community Action Agency of St. Louis County (CAASTLC)
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Low-moderate income
- Min Credit Score
- Not specified
- Property Types
- Not specified
- Max Price
- Not specified
Quick Facts
- Loan Types
- Not specified
- Assistance Type
- forgivable loan
- Profession
- all
- Homebuyer Ed.
- Yes
Income Limits
Low-to-moderate income (specific limits vary by jurisdiction)
Check AMI limits for your county →Interest Rate
0%
Repayment Terms
Varies: St. Louis County $3,000 deferred (due on sale/transfer); Florissant $3,500 forgivable after 5 years; St. Charles/O'Fallon $5,000 deferred (due on sale/transfer)
Additional Requirements
Must complete financial fitness curriculum and homebuyer education classes. Must meet with HUD-certified housing counselor. Must contribute at least $1,000 from own assets. Individual Development Account (IDA) savings match component
Notes
Uses IDA (Individual Development Account) savings model. Participants save money and complete education to earn DPA. Assistance amounts vary by jurisdiction. Must achieve "Homeownership Ready" status and maintain at least $1,000 in own savings.
Lee's Summit First-Time Homebuyer Program
City of Lee's Summit
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- 80% AMI
- Min Credit Score
- Not specified
- Property Types
- single-family
- Max Price
- Not specified
Quick Facts
- Loan Types
- Not specified
- Assistance Type
- forgivable loan
- Profession
- all
- Homebuyer Ed.
- Not specified
Repayment Terms
Forgivable after 3 years if borrower remains in home as primary residence
Additional Requirements
First-time homebuyer (no ownership in last 3 years), single parent, or displaced homemaker. Home must be within corporate city limits of Lee's Summit. Lead paint inspection required for pre-1978 homes. Assistance covers down payment (up to 50% of required down payment) and closing costs.
Notes
Must not have owned a home in the past 3 years. Occupancy requirement: Primary residence
Blue Springs First Time Homebuyer (FTHB) Program
City of Blue Springs
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- 80% AMI
- Min Credit Score
- Not specified
- Property Types
- Not specified
- Max Price
- Not specified
Quick Facts
- Loan Types
- Not specified
- Assistance Type
- forgivable loan
- Profession
- all
- Homebuyer Ed.
- Not specified
Repayment Terms
3-year lien on property; forgiven at end of 3-year period of primary residency
Additional Requirements
First-time homebuyer (no ownership in last 3 years), single parent, or displaced homemaker. Home must be within corporate city limits of Blue Springs. Cannot have been tenant-occupied within 90 days of closing. Cannot be in 100-year flood plain. Lead paint disclosure required for pre-1978 homes. Application to closing window: 3 months. Contact: Community Development Dept, 903 W. Main St., 816-622-4050.
Notes
First-time homebuyers (no ownership past 3 years), single parents, displaced homemakers. Occupancy requirement: Primary residence
Missouri Housing Development Commission (MHDC) First Place Loan Program
Missouri Housing Development Commission (MHDC)
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Varies by area (HUD FY2025 limits). Exam...
- Min Credit Score
- 640+
- Property Types
- single-family, semi-detached, condo, townhome, 1-2 unit owner-occupied, manufact...
- Max Price
- $544,232 (non-targeted areas); up to $665,173 (federally targeted areas)
Quick Facts
- Loan Types
- FHA, VA, USDA, Conventional
- Assistance Type
- forgivable loan
- Profession
- all
- Homebuyer Ed.
- Not specified
Income Limits
Varies by area (HUD FY2025 limits). Examples: Kansas City MSA $111,400 (1-2 persons), $128,110 (3+); St. Louis MSA $111,400/$128,110; All Other Areas $96,000/$110,400. Targeted area limits are higher.
Check AMI limits for your county →Interest Rate
Below market rate; 5.875% (government loans with DPA), 6.125% (conventional with DPA); 30-year fixed
Repayment Terms
100% forgivable after 10 years if buyer remains in home; forgiveness begins at year 5 (1/60 per month for 60 months). Recapture tax may apply if sold within 9 years with net profit and income over limit.
Additional Requirements
Must use an MHDC loan
Notes
First-time homebuyers and veterans. Occupancy requirement: 10 years for full forgiveness
MHDC Next Step Program
Missouri Housing Development Commission (MHDC)
Eligibility Snapshot
- First-Time Buyer
- No
- Income Limit
- Higher limits than First Place (targeted...
- Min Credit Score
- 640+
- Property Types
- single-family, semi-detached, condo, townhome, 1-2 unit owner-occupied, manufact...
- Max Price
- $665,173 (1-family); $851,665 (2-family)
Quick Facts
- Loan Types
- FHA, VA, USDA, Conventional
- Assistance Type
- forgivable loan
- Profession
- all
- Homebuyer Ed.
- Not specified
Income Limits
Higher limits than First Place (targeted area limits apply). Kansas City MSA $133,680 (1-2 persons), $155,960 (3+); St. Louis MSA $133,680/$155,960; All Other Areas $115,200/$134,400.
Check AMI limits for your county →Interest Rate
Below market rate; 7.125% (government loans with DPA), 7.375% (conventional with DPA); 30-year fixed
Repayment Terms
100% forgivable after 10 years if buyer remains in home; forgiveness begins at year 5 (1/60 per month for 60 months).
Additional Requirements
Must use MHDC mortgage programs
Notes
Designed for buyers who exceed First Place income limits. Can be paired with MHDC Mortgage Credit Certificate (MCC) program.
Deferred Payment Loans (11)
Deferred loans require no monthly payments while you live in the home. You repay when you sell, refinance, or move out.
Down Payment Assistance Program
Habitat For Humanity of Kansas City
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Not specified
- Min Credit Score
- Not specified
- Property Types
- Single-Family, Townhouse/PUD, Condominium
- Max Price
- Not specified
Quick Facts
- Loan Types
- Freddie Mac, Fannie Mae, FHA, VA, USDA-RD +1
- Assistance Type
- deferred loan
- Profession
- All
- Homebuyer Ed.
- No
Repayment Terms
Deferred Payment - Repayable at sale or refinance
Downpayment and Closing Cost Assistance
Beyond Housing
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Not specified
- Min Credit Score
- Not specified
- Property Types
- Single-Family, Condominium, Townhouse/PUD
- Max Price
- $320,000
Quick Facts
- Loan Types
- Freddie Mac, Fannie Mae, FHA, VA, USDA-RD +4
- Assistance Type
- deferred loan
- Profession
- All
- Homebuyer Ed.
- Yes
Interest Rate
None
Repayment Terms
Forgivable - Fully forgiven at closing or forgiven on a schedule
Homeownership Assistance Program
City of Columbia Community Development
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Not specified
- Min Credit Score
- Not specified
- Property Types
- Single-Family, Condominium, Townhouse/PUD
- Max Price
- $273,000
Quick Facts
- Loan Types
- Freddie Mac, Fannie Mae, FHA, VA, USDA-RD +1
- Assistance Type
- deferred loan
- Profession
- All
- Homebuyer Ed.
- Yes
Interest Rate
None
Repayment Terms
Forgivable - Fully forgiven at closing or forgiven on a schedule
Down Payment Assistance Program
City of Florissant
Eligibility Snapshot
- First-Time Buyer
- No
- Income Limit
- Not specified
- Min Credit Score
- Not specified
- Property Types
- Single-Family, Condominium, Townhouse/PUD
- Max Price
- Not specified
Quick Facts
- Loan Types
- Freddie Mac, Fannie Mae, FHA, VA, USDA-RD +1
- Assistance Type
- deferred loan
- Profession
- All
- Homebuyer Ed.
- Yes
Interest Rate
None
Repayment Terms
Deferred Payment - Repayable at sale or refinance
The 1st HOME Down Payment Assistance (DPA) Program
St. Louis County Community Development
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Not specified
- Min Credit Score
- Not specified
- Property Types
- Single-Family, Condominium, Townhouse/PUD
- Max Price
- $275,000
Quick Facts
- Loan Types
- Freddie Mac, Fannie Mae, FHA, VA, USDA-RD +1
- Assistance Type
- deferred loan
- Profession
- All
- Homebuyer Ed.
- Yes
Interest Rate
None
Repayment Terms
Forgivable - Fully forgiven at closing or forgiven on a schedule
Jefferson City DPA
City of Jefferson City
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Low-moderate income
- Min Credit Score
- Not specified
- Property Types
- single-family
- Max Price
- Not specified
Quick Facts
- Loan Types
- Not specified
- Assistance Type
- deferred loan
- Profession
- all
- Homebuyer Ed.
- Yes
Interest Rate
0%
Repayment Terms
0% interest deferred loan; 5-year deed of trust filed on property. Deed released after 5 years of primary residency. No monthly payments.
Additional Requirements
Must complete both online AND in-person housing counseling with a HUD-Certified Housing Counseling Agency before submitting application. First-come, first-served. Low-to-moderate income per HUD guidelines. Currently not accepting new applications.
Notes
A separate Neighborhood Reinvestment Act Down Payment Incentive Program also exists for Old Town and East Side District properties: dollar-for-dollar match up to $5,000 for homes built before 1959 with fair market value under $150,000. That program is accepting applications.
Down Payment Incentive Program
City of Jefferson
Eligibility Snapshot
- First-Time Buyer
- No
- Income Limit
- Not specified
- Min Credit Score
- Not specified
- Property Types
- Single-Family, Condominium, Townhouse/PUD
- Max Price
- $150,000
Quick Facts
- Loan Types
- Freddie Mac, Fannie Mae, FHA, VA, USDA-RD +1
- Assistance Type
- deferred loan
- Profession
- All
- Homebuyer Ed.
- Yes
Interest Rate
None
Repayment Terms
Deferred Payment - Repayable at sale or refinance
First Place Cash Assistance Loan
Missouri Housing Development Commission
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Not specified
- Min Credit Score
- Not specified
- Property Types
- Single-Family, Townhouse/PUD, Condominium, 2 units, Modular, Manufactured
- Max Price
- $851,665
Quick Facts
- Loan Types
- Freddie Mac, Fannie Mae, FHA, VA, USDA-RD +1, USDA-RD
- Assistance Type
- deferred loan
- Profession
- All
- Homebuyer Ed.
- Not specified
Next Step Cash Assistance Loan
Missouri Housing Development Commission
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Not specified
- Min Credit Score
- Not specified
- Property Types
- Single-Family, Townhouse/PUD, Condominium, 2 units, Modular, Manufactured
- Max Price
- $851,665
Quick Facts
- Loan Types
- FHA, VA, USDA-RD
- Assistance Type
- deferred loan
- Profession
- All
- Homebuyer Ed.
- Not specified
Repayment Terms
Fully forgiven at closing or forgiven on a schedule
Chenoa Fund FHA Down Payment Assistance Forgivable
CBC Mortgage Agency (Chenoa Fund)
Eligibility Snapshot
- First-Time Buyer
- No
- Income Limit
- Not specified
- Min Credit Score
- Not specified
- Property Types
- Single-Family, 2 units, Leasehold, Condominium, Townhouse/PUD, Manufactured
- Max Price
- $766,550
Quick Facts
- Loan Types
- FHA
- Assistance Type
- deferred loan
- Profession
- All
- Homebuyer Ed.
- Yes
Chenoa Fund FHA Down Payment Assistance Repayable
CBC Mortgage Agency (Chenoa Fund)
Eligibility Snapshot
- First-Time Buyer
- No
- Income Limit
- Not specified
- Min Credit Score
- Not specified
- Property Types
- Single-Family, 2 units, Leasehold, Condominium, Townhouse/PUD, Manufactured
- Max Price
- $766,550
Quick Facts
- Loan Types
- FHA
- Assistance Type
- deferred loan
- Profession
- All
- Homebuyer Ed.
- Yes
Interest Rate
Note rate 1% above the first mortgage note rate
Repayment Terms
This loan does require a monthly payment on the second mortgage.
Second Mortgages (1)
These programs provide DPA as a second mortgage, sometimes with monthly payments, sometimes deferred.
City of Springfield DPA
City of Springfield
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Varies
- Min Credit Score
- 650+
- Property Types
- single-family
- Max Price
- $150,000
Quick Facts
- Loan Types
- FHA, VA, Conventional
- Assistance Type
- second mortgage
- Profession
- all
- Homebuyer Ed.
- Yes
Interest Rate
0%
Repayment Terms
0% interest deferred loan, forgivable over 5 or 10 years depending on the loan amount
Additional Requirements
Must purchase in eligible Springfield target area. Debt-to-income ratio cannot exceed 43%. Adjustable-rate mortgages not eligible.
Notes
Occupancy requirement: 5-10 years for forgiveness depending on loan amount
How to Apply for Down Payment Assistance in Missouri
-
1
Check Your Eligibility
Use our free eligibility tool to see which programs match your situation. Enter your state, city, income, and target home price.
-
2
Contact the Program Administrator
Each program has its own application process. Visit the program website or call the administering agency to get started. Many programs work through approved lenders.
-
3
Get Pre-Approved with a Participating Lender
Not every lender participates in every DPA program. Work with a lender who is approved for the programs you want. The program administrator can provide a list of approved lenders.
-
4
Complete Homebuyer Education (If Required)
Many programs require a HUD-approved homebuyer education course. Online options through eHome America and Framework are accepted by most programs.
-
5
Close & Move In
DPA funds are typically disbursed at closing alongside your first mortgage. Your lender coordinates the DPA program paperwork as part of the loan process.
Frequently Asked Questions
How much down payment assistance can I get in Missouri?
Up to $50,000 through available programs in Missouri. Multiple programs can often be combined for even more assistance. The exact amount depends on your income, location, and the specific program requirements.
Do I need to be a first-time homebuyer?
Not always. 7 programs in Missouri are open to repeat buyers. "First-time buyer" is typically defined as not having owned a home in the past three years.
What credit score do I need?
As low as 600 for some programs. Most programs require 620-660. Higher credit scores may qualify you for more programs and better terms.
Can I combine multiple DPA programs?
In many cases, yes. Some programs are specifically designed to be layered with others. For example, you might combine a state grant with a local deferred loan. Check with each program administrator about stacking eligibility.
DPA Programs in Nearby States
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