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
Travis was a true pleasure to work with. I appreciated his no nonsense approach to getting my loan done. It was so much easier than I thought it would be thanks to Travis. I would highly recommend anyone looking to purchase a home to reach out to Travis Bell and his great team.
Michael George
Travis was great and was available to answer my questions in a respectful and timely manner. Was new to buying a house and felt at ease dealing with Travis and his group.
Craig Fischer
Travis was fantastic to work with! Great communication! Paperwork finished in a timely manner. Great experience for buying my first ever home!!
Stacie McConnell
The clients came to me as pre-approved buyers. I was not a part of the approval process, but the closing was very smooth! Travis’s processor kept in touch the whole time and kept me, as the realtor, informed throughout the process.
Christi Fox
Travis is AWESOME! Works with you with very clear directions. Available to answer questions in the evenings and weekends. Worked on a short timeline of two weeks and was able to get everything for a smooth closing.
Elizabeth Patrick
Travis was well detailed and communicated amazingly throughout the entire process up till closing. Even when there was an unforeseen delay with closing dates he was quick to work on it to get things in order. Would recommend to anyone!
