Offered by MHDC-certified lenders.
The First Place Loan program offers first-time homebuyers and qualified veterans affordable mortgage financing, often at an interest rate lower than market rate loans. The loans are available from certified lenders for properties located anywhere in Missouri. Homebuyers may also be eligible for non cash assistance or cash assistance loans. Cash Assistance Loans may be applied at closing to a portion of the down payment and allowable closing costs.