Buying A Home In or Around Springfield, Mo With Little Money Down|MHDC

3464 S. Doris Springfield, MoMHDC UPDATE for Missouri !!!!  Have you ever wondered how you Could Buy a House?  The Down Payment Alone Would Break You....well, in Missouri there is  Down Payment Assistance Available for Qualified First Time Home Buyers that is a soft second, forgivable when criteria is met.    Ask Seller to pay Closing Costs, and you are in for .05% of sales price.  Translation, Buyer can buy a $100,000 with $500 down if sellers agree to pay closing costs. 

2704 S. Luster  Springfield, Mo

MHDC Missouri Housing Development Commission had a change in rates effective March 22, 2012.   

  • The CAL government program (Cash Assistance Loan) is now 4.0%.     
  • The Conventional program is 4.8%.  
  • The Non-Cal program (Non-Cash Assistance Loan) is now 3.5% for Government program
  •  The Non-Cal program is 4.3% for the Conventional loan.

MHDC is a great way for First Time Buyers to buy a Home.   First Time Homebuyer is classified as anyone who has not owned a house for three years.   

There are lots of considerations to buying a home.    MHDC offers a great way to get in a house for .005% down when using the CAL government program and asking seller to pay closing costs.   $500 down on a $100,000 house.

To Learn More about MHDC contact Jennifer Patinsky  417-619-9282 or begin the loan application.  

Want to talk to a REALTOR who keeps us informed with what is Going on In and Around Springfield, MO, Contact Yvonne C. Burdette or call 417-234-0887.

Find a Home in Springfield, Mo  and learn about the Process of Buying Your Home!

 

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Yvonne Burdette-Van Camp

Your REALTOR® in Springfield, MO  

 

 

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Southwest Missouri Realty

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Comment balloon 0 commentsYvonne Burdette-Van Camp • May 24 2012 07:24AM
Buying A Home In or Around Springfield, Mo With Little Money Down|MHDC
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MHDC UPDATE for Missouri!!! Have you ever wondered how you Could Buy a House? The Down Payment Alone Would Break You… well, in Missouri there is Down Payment Assistance Available for Qualified First Time Home Buyers that is a soft second,… more