Missouri Down Payment Assistance

9 Programs
to Help You Buy a Property
in Missouri

Grants, forgivable loans, and subsidized mortgages — many Missouri buyers qualify for thousands+ in assistance and don't even know it.

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2
State programs
7
Federal programs
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Missouri Programs

Click any program for full details, eligibility, and how to apply.

MHDC DPA (Missouri) Missouri
4% forgivable — first-time and repeat buyers

Up to 4% of purchase price as forgivable loan. Begins forgiving at year 5, fully forgiven after 10 years.

Forgivable loanHouse-hack eligible
MHDC First Place / Next Step Missouri
Below-market rate + 4% DPA

30-year fixed rate with below-market interest. FHA, VA, USDA, and conventional eligible.

Subsidized loanHouse-hack eligible
FHA Loan Federal
Saves ~$33,000 on a $200K home vs 20% down

3.5% down payment with 580+ credit. The most popular first-time buyer loan in America.

Subsidized loanHouse-hack eligible
VA Loan Federal
$0 down + no monthly mortgage insurance

Zero down payment, no PMI for eligible veterans and active-duty service members.

Federal benefitHouse-hack eligible
USDA Rural Development Loan Federal
$0 down, lower fees than FHA

Zero down payment for rural and suburban areas. 97% of US land qualifies.

Subsidized loan
Fannie Mae HomeReady Federal
3% down + reduced PMI rates

3% down with reduced mortgage insurance for low-to-moderate income buyers.

Subsidized loanHouse-hack eligible
Freddie Mac Home Possible Federal
3% down + flexible funding

3% down with flexible funding sources including gifts and employer assistance.

Subsidized loanHouse-hack eligible
NACA Program National
$0 down + $0 closing + $0 PMI + below-market rate

No down payment, no closing costs, no PMI, below-market rate. Character-based lending.

Nonprofit programHouse-hack eligible
HUD Good Neighbor Next Door Federal
50% discount on HUD homes

50% off purchase price for teachers, law enforcement, firefighters, and EMTs.

Grant
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Frequently asked questions

What down payment assistance programs are available in Missouri?

There are 2 state-specific programs and 7 federal programs available in Missouri, totaling 9 programs.

Do I need to be a first-time buyer to get DPA in Missouri?

Not all programs require first-time buyer status. Several Missouri programs are available to repeat buyers. 'First-time buyer' means you haven't owned a home in the past 3 years.

Can I use DPA to buy a multi-unit property?

Yes. Many DPA programs allow 1-4 unit properties. Live in one unit and rent the others — this is called house-hacking.

Nearby states

Illinois (6)Kansas (2)Arkansas (4)Tennessee (5)Kentucky (3)