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  Homeownership Next Step > Cash Assistance Loan



Next Step

Homebuyer Program


Cash Assistance Loan


Helps enable first-time homebuyers and non-first-time homebuyers in need of down payment and closing cost assistance.



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




bulletQualified first-time homebuyers and non-first-time homebuyers are eligible to receive a forgivable second mortgage of 4 percent of the loan amount to be used for down payment and closing costs. The second mortgage will be forgiven if the borrower stays in the home/loan for ten years.
bullet No junk fees are allowed. The lender may charge standard closing costs.


Income Limits and Residency:



See charts below for income limits in the county that the home will be purchased.  There are no first-time homebuyer requirements.



Purchase Price Limits

Type of Home


Single family home





Income Limits
Based on where the home is purchased


                                                                                            1-2 Persons                    3+ Persons


       Kansas City MSA                                                $116,160                  $135,520

       (Counties of Caldwell, Cass, Clay, Clinton,

           Jackson, Lafayette, Platte and Ray)


       Jefferson City MSA                                              $99,240                     $115,780

       (Counties of Cole and Osage)



       Columbia MSA                                                   $105,600                   $123,200

       (Counties of Boone and Howard)



       St. Louis MSA                                                    $113,880                 $132,860

       (Counties of Franklin, Jefferson, Lincoln,

          St. Charles, St. Louis City, St. Louis County and Warren)



       All Other Areas                                                   $97,080                   $113,260





Additional Income Guideline Information

The total gross annual household income for all borrowers and spouses living in the home, must be within the limits established for household income.

Total gross annual household income is calculated using all sources of income including, but not limited to, wages, overtime, bonuses, child support, alimony, commissions and earnings from a second job, business and investments.


Effective 4/01/2021





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







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