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down payment assistance

Take advantage of our Down Payment Assistance program offering a $9,000 grant towards your dream home. Act now to secure your spot in our designated neighborhoods! Join us in revitalizing Springfield's historic areas by upgrading homes, fostering community connections, and enhancing property values. Let's build a brighter future together!


To be eligible for Down Payment Assistance, a borrower must meet several qualifications. 

  • Be able to contribute $1,500 of their own money at the time of closing.

  • Income cannot exceed 150% of Area Median Income (AMI). View chart.

  • Must be a first-time homebuyer or have not owned a home in the previous three years.

  • The sales price of the home must not exceed $250,000.

  • The home purchased must be located in one of the five neighborhoods shown below.

Eligible Neighborhoods

The Down Payment Assistance program is now open for applications in the Doling Park East, Fassnight, Grant Beach, Meador Park East, and Woodland Heights neighborhoods. Determine if your neighborhood is eligible for program application by reviewing the Eligibility Inquiry document.

Household income limit

To qualify for the Down Payment Assistance program, your income, based on household size, must not exceed 150% of the Area Median Income (AMI).
View the chart below and select your household size for details.

Median - $67,800
150% of Median
 - $101,700

Effective June 15, 2023

Couple moving into new home carrying boxes.

How to apply

Must provide for consideration:

Do you have your certifications and are ready to submit your application and start the process now?
Click here to fill out the Application Form today.

Prior to application, ensure that your residence is located in the proper neighborhood by following directions to verify your eligibility through the link below.


Pre-Qualification Letter

A pre-qualification letter from a mortgage lender located in Greene County (fixed-rate mortgage only).


The completed First-Time Home Buyer Certification form.


The completed Household Income Certification form.


Residential Sale Contract

A residential sale contract on the house you wish to buy.

Once a residential sale contract is signed, the borrower must provide Restore SGF with the exact address of the house to reserve funds and determine if the property is located in one of our five selected neighborhoods.

Upon loan approval, the lender will notify Restore SGF of the closing date and the location of the closing agent, title company, or bank for check delivery.


Restore SGF will file a deed restriction on the title, requiring repayment of the $9,000 grant if the property is sold within the first five years. After five years, no repayment is required.

We are currently collaborating with private employers and foundations to explore the possibility of additional grant money for this same Down Payment Assistance Program.


Preferred Lender Partners

Arvest Bank

The Ultimate User-Friendly Experience

New homebuyers have the opportunity to benefit from the lower down payment requirement of an FHA loan. Their Home4Me™ process ensures a seamless and customizable experience, empowering you to engage with each step according to your preferences.

Commerce Bank

Zero Down Payment

Get 100% financing for your home purchase, retaining liquid assets to increase purchasing power. Opt for their solution to build equity faster than with a traditional 30-year mortgage term. Visit to apply or call 1(800)453-2265.

Guaranty Bank

Turn Dreams into Reality

Guaranty Bank offers tailored home loan solutions, bridging the gap between aspiration and achievement in homeownership. They offer diverse loan programs catered to your requirements. As a trusted community bank in Southwest Missouri, they leverage local expertise to provide personalized mortgage solutions that align with your financial goals.

Mid-Missouri Bank

Upgrade Your Home Without Breaking the Bank. 

Upgrade your home affordably with competitive mortgage rates and flexible financing options. No matter your situation, our local team provides quick, personalized service. Choose from fixed-rate mortgages, ARMs, USDA, FHA, or VA loans. Benefit from free pre-approval and attentive support throughout the process.

Old Missouri Bank

Find the Right Home Loan Option for You

Empower your home buying journey with us. Navigating the complexities of home loans made easy. Expert guidance and local support every step of the way. Competitive rates. Free pre-qualification. Local decision-making & processing.

UMB Bank

Tailored Mortgage Solutions Just for You.

Whether buying or refinancing, we've got you covered with personalized service and a wide range of loan options. Our dedicated team is here to guide you every step of the way. Apply online for convenience.

Central Bank of the Ozarks

First-Time Homebuying Made Easy

As the premier mortgage lender in Springfield, Central Bank combines a First Time Homebuyer Program that requires no down payment, a full online closing available, and a mortgage app that walks you through the process. Visit to apply or call 417-881-5100.

Great southern bank

Great Southern's Path to Ownership

Whether you seek a fixed-rate loan, an adjustable-rate mortgage, or specialized programs like VA, USDA, and FHA loans, we're here to match you with the ideal mortgage options.

Legacy Bank & Trust

A Legacy That Will Lead – and One That Will Last.

They've been serving the Ozarks since 1907, bringing their clients the type of personal service, attention, and commitment that they deserve.

Oak Star Bank

Discover the Difference with OakStar's Local Home Loans.

Offering personalized service and a range of financing options tailored to your needs. Whether you're buying or refinancing, let's make your dream home a reality.

Regent Bank

Unlock Your Dream Home with Regent Mortgage.

As a concierge-level program, we prioritize your homebuying journey. With tailored mortgage programs and unwavering support, we guide you seamlessly through the process. Serving communities across Springfield, Missouri.

Additional Lender Resources

Drew Lewis Foundation

Blue House Project

Missouri Housing development commission

First Place Loans Offered by MHDC-certified lenders.

Fannie Mae

Offered by a variety of lenders

Veterans Affairs

Home Loans offered by VA-approved lenders and insured by the Department of Veterans Affairs.

Federal Housing Administration

Loans offered by FHA-approved lenders and FDA insured.

Habitat for Humanity

Home Buying Program

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