MHDC and
MHDC NExT STEP Loans
Who can benefit from these loans?
Homebuyers looking for down-payment assistance.
MHDC
- Depending on your base loan program, a down payment may be required
- Gifts allowed
- Purchase price limits
- Non-targeted $481,176 – $616,111
- Targeted $588,104 – $753,024
- Min. credit score 640
- Seller concessions up to 3-6%
- Cash assistance of 4% of loan amount (ask your mortgage loan originator for more details)
- Income Limits (Springfield, MO)
- 1-2 people: $85,600 (Non Targeted)
- 3+ people: $98,440 (Non Targeted)
- 1-2 people: $102,720 (Targeted)
- 3+ people: $119,840 (Targeted)
MHDC Next Step
- Depending on your base loan program, a down payment may be required
- Gifts allowed
- Purchase price limits
- Targeted $588,104 – $753,024
- Min. credit score 640
- Seller concessions up to 3-6%
- Cash assistance of 4% of loan amount (ask your mortgage loan originator for more details)
- Income Limits
- 1-2 people: $102,720 (Targeted)
- 3+ people: $119,840 (Targeted)
*For more information about targeted and non targeted areas, please visit website: www.mhdc.com
Mortgages Made SIMPLE
Get Pre-Qualified Today!
Start the loan application and get pre-qualified today.
What Our Clients Say
Trusted by Many, Loved by All
Absolutely wonderful to work with. We have bought 2 houses using Travis as our broker and both times everything went very smoothly and we were even able to close earlier than expected. Would 100% recommend working with him!
Rebekah Woolery
Inspire of a lot of complications and my emotions that did get the better of me, Travis and his team still performed and managed to make everything fall together!
Hailey Davidson
TRAVIS Bell, Is my loan originator. As a realtor, i always need a lender i can trust to get the job done and do it fast! My clients need to be able to contact to get thru the tough stuff! Thanks Travis! Great job!
Ida Lambrecht
I knew exactly what was happening at all times. The whole process was painless and everyone I worked with were thoughtful and professional. We love our new home and highly recommend working with Travis and his team.
Tim Caldwell
Working with Travis took all the pain away when you’re buying a new home. Not only was he quick to respond, and thorough, but his character says a ton about the person he is. This man went above and beyond for me and made my cross country move a whole lot easier. Would absolutely recommend to anyone looking for buy or refinance!! 10/10
A V
Travis was fantastic to work with! Great communication! Paperwork finished in a timely manner. Great experience for buying my first ever home!!
