MHDC Programs

Midwest Mortgage Capital is proud to be one of only 50 certified Missouri lenders to be able to extend fixed-rate, low-interest options to underserved Missouri households. The Missouri Housing Development Commission, or MHDC, administers the Missouri Revenue Bond Program, which offers subsidized interest rates and down payment assistance to individuals and working families all over Missouri. To date, MHDC has allowed 82,000 first-time homebuyers and other qualified individuals realize the American dream by sponsoring over $5 billion in mortgages!

By using MHDC's First Place program, homebuyers will enjoy the following benefits:

·Down payment and closing cost assistance
· Applicants don’t have to be first-time homebuyers – veterans, buyers in “targeted areas,” and disaster victims can also qualify
·FHA, VA, Conventional, and USDA products available
·30-year fixed rate mortgages
·Lower closing cost
·Low, low interest rates

Please visit the MHDC's website for more details.

To get prequalified for an MHDC loan, please contact your local Midwest Mortgage Capital Mortgage Consultant or apply online.