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  Homeownership Next Step

 

 

Next Step

Homebuyer Program

 

 

Basic Information:

 

bulletThe Next Step Program allows Missouri citizens the opportunity to continue their quest for homeownership.
 
bulletThe Next Step Program enables non-first time homebuyers who lack sufficient equity or funds for downpayment to purchase their new home.
 

The Next Step Program benefits Missouri borrowers in several ways:

Bridges the gap between lack of equity and downpayment needed to purchase their next home.
Allow first-time buyers who fall outside the income limits for the First Place Program to achieve homeownership.
 

Program Availability:

 

bulletState of Missouri.

 

 

Loan Options:

 

bulletFirst Mortgage through MHDC with a 30 year fixed rate mortgage. Rates will be set on a daily basis. Please contact a certified lender to find the current rate.
 
bullet Loan type can be FHA/VA/RD or conventional loans (mortgage rates could be higher for conventional loans).
 
bulletDownpayment assistance is available. CLICK HERE FOR MORE INFO
 

 

bulletFirst-time homebuyers may also use the Next Step Program in conjunction with the Mortgage Credit Certificate Program (MCC).  CLICK HERE FOR MORE INFO

 

 

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

 

 

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