MHDC (Missouri Housing Development Commission) at mhdc.com provides First Place Loan and Next Step programs with cash assistance for qualifying Missouri buyers.

What is MHDC's First Place Loan?

First Place Loan provides a below-market first mortgage plus cash assistance for first-time buyers. Verify current cash assistance terms at mhdc.com.

Can repeat buyers use MHDC programs?

Yes — MHDC's Next Step program serves repeat buyers who meet income requirements.

Is the Kansas City housing market in Missouri or Kansas?

Kansas City straddles the state border. Properties in Kansas City, MO use MHDC programs; properties in Kansas City, KS use KHRC programs. Confirm your purchase address.

Where can I find a HUD counselor in Missouri?

HUD lists approved housing counselors at hud.gov/states/missouri.

Mortgages in Missouri

Missouri's housing market is split between the St. Louis and Kansas City metros and rural Missouri. Both metros offer competitive but relatively affordable pricing compared to coastal peers. Rural Missouri — especially the Ozarks — offers very low median prices.

More Missouri guides

Personal Loans in Missouri Auto Insurance in Missouri Homeowners Insurance in Missouri Renters Insurance in Missouri Auto Loans in Missouri Student Loans in Missouri Life Insurance in Missouri High-Yield Savings in Missouri

Mortgages by state

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