“First Place” Loans- Missouri Housing Development Commission (MHDC)

This page is part of the LOVE Columbia information library website. To contact the organization listed below, please follow links or phone numbers given within the article.
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First-time homebuyers and qualified veterans

The First Place Loan program gives first-time* homebuyers and qualified veterans the edge they need to purchase a home. Affordable interest rates, in combination with additional incentives offered by MHDC, allow prospective buyers to obtain mortgage financing in a competitive market.

Cash Assistance Loan (CAL) provides cash assistance to first-time homebuyers for down payment and closing costs.

Non-Cash Assistance Loan (Non-CAL) provides first-time homebuyers who do not need down payment and closing cost assistance a lower interest rate.

To apply for an MHDC homebuyer or refinance program, please contact a certified lender who will guide you through the application and approval process.

U.S. Bank 573-443-5156 or 573-449-4200

Central Bank of Boone County 573-874-8417

Flat Branch Mortgage 573-442-3850