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
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What Our Clients Say
Trusted by Many, Loved by All
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 Bell is amazing. He will answer all of your questions and does return your phone calls. He makes a pleasure to do buisness with. I would recommend him every time.
Adam Knox
Travis and Victoria have been absolutely amazing to work with. I honestly couldn’t have picked a better mortgage company to go with. They always kept me informed with what was going on and always answered any questions I had in a timely manner. They made the process really easy and stress free!
Christy Flinn
Travis was very helpful and knowledgeable throughout the process of buying our home! He was always available to answer any questions we had and helped the closing process go smoothly!
Taylor Major
If it was possible I would give Travis and his team 10 stars. Absolutely phenomenal experience and they made the home buying experience very easy. If you are reading this and trying to decide where to send your business then this is your sign to go with Travis.
Zak Lutgen
Travis was amazing to work with. We just bought our first house and it has been a process as I had a few things to take care of first. Travis helped us through the whole process and never got tired of my millions of questions. He was very responsive and really cared about helping us get into the house we wanted. I would 1000/10 recommend working with Travis.