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 was of great help to purchase my first home! He was informative, had great communication, and truly worked hard with best interest for his valued client (me!). I’d highly recommend him.
Benji Bowman
I worked with Travis on the sell side of a deal, buyer panicked a little midway through the deal which would have thrown a domino of deals in the toilet. Travis was able to talk to the buyer, reassure them and help with some loan adjustments to make it work. That is the type of lender Realtors want to work with!!
Whitney Shoffner
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 great to work with! He answered all my questions and helped us get to closing quickly! Highly recommend!
Brittany Kiger
Travis was always available for questions and helped break down the steps of the process in a way that was easy to understand. I appreciate his time and expertise during our experience.
Ashland Hankins
Travis was great. Helped us through all the hurtles. Several times, unexpected things came up, he had a way figured out for us, Couldn’t be happier! Recommend Travis to anybody
