MOUpdated May 2026

Missouri First-Time Home Buyer Programs 2026

$7,500 DPA available through Missouri Housing Development Commission (MHDC). MHDC First Place Loan program offers $7,500 in DPA at 0% — forgiven after full repayment of first mortgage.

Max Assistance

$7,500 DPA

Type

0% deferred loan

Min Credit

640+

Max Home Price

$349,525

Ready to apply for Missouri assistance?

Get pre-approved in minutes — your lender will connect you with MHDC programs automatically.

Missouri First-Time Buyer Programs Comparison

ProgramMax AssistanceTypeMin CreditIncome Limit
MHDC First Place Loan
Best statewide program
$7,5000% deferred loan640+$75K–$96K
MHDC Next Step Program
Repeat buyers OK
$7,5000% deferred640+Same

Eligibility Requirements

  • 640+ credit score
  • Income within MHDC limits
  • Homebuyer education required
  • Primary residence in Missouri

Pro Tip

Available statewide: Kansas City, St. Louis, Springfield, Columbia, Independence.

How to Apply for Missouri Programs

1

Get Pre-Approved

Work with a MHDC-approved lender. They handle the state program paperwork for you.

2

Complete Education

Take the required homebuyer education course (online, ~6 hours, ~$75). Required by most state programs.

3

Close & Get Funds

The 0% deferred loan is applied at closing — you don't pay extra at the table.

Official Agency

Missouri Housing Development Commission

MHDCMissouri official housing finance authority

Visit MHDC Official Site →

Frequently Asked Questions

What is the best first-time home buyer program in Missouri?

The best program in Missouri is the MHDC First Place Loan, which offers $7,500 as a 0% deferred loan. Minimum credit score: 640. Income limit: $75K–$96K.

How much down payment assistance is available in Missouri?

Missouri offers up to $7,500 DPA through Missouri Housing Development Commission (MHDC). The assistance is structured as a 0% deferred loan. Income limits are $75,000–$96,000 depending on household size and county.

What credit score do I need for Missouri first-time buyer programs?

Most Missouri programs through MHDC require a minimum credit score of 640. Some programs may accept lower scores with compensating factors. Check with an MHDC-approved lender for your exact score requirements.

What is the income limit for Missouri first-time buyer programs in 2026?

In 2026, Missouri income limits are $75,000–$96,000 depending on household size and county. The home price limit is $349,525. These limits are set by Missouri Housing Development Commission.

Don't Leave $7,500 DPA on the Table

Pre-approval is free. Your lender will apply for MHDC programs automatically — no extra work for you.

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