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 to work with and will go the extra mile to make sure your home buying or refi process run smoothly on his end. Great personality as well which makes everything easier. He is very attentive and if he doesn’t answer his phone right away expect a call back within minutes. Highly recommend his services!!
Craig Golmen
Travis was great to work with! He answered all my questions and helped us get to closing quickly! Highly recommend!
Brittany Kiger
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 Bell was very easy to work with, he was very informative and kept us completely up to date with anything we needed and fulfilled any questions we had. I 100% recommend him and USA Mortgage to help with a loan. They made the entire process as smooth as possible.
William Brazeal
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 was very helpful throughout the entire process. He and his team were easy to work with and always very responsive. Would recommend for any mortgage process.
