MHDC First Place Mortgage Program

Missouri Housing Development Commission

Available Home Repair

About This Program

First-time homebuyers (and qualified veterans) get below-market 30-year fixed rates plus up to 4% of the loan amount as a forgivable second mortgage for down payment and closing costs, forgiven after 10 years. Works with FHA, VA, USDA, and conventional loans. MHDC is headquartered in Kansas City at 1201 Walnut St.

First-time buyer (or veteran), income limits apply

Key Details

  • Below-market 30-year fixed interest rate
  • Up to 4% of loan as forgivable down payment assistance
  • Forgiven after 10 years in the home
  • Works with FHA, VA, USDA, conventional loans
  • First-time buyers and qualifying veterans

How to Apply

Deadline: Year-round through participating lenders

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