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
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What Our Clients Say
Trusted by Many, Loved by All
Travis was absolutely awesome to work with and I look forward to dealing with him in the future! Made everything so simple and understandable for me! Thank you!
Brandon Knight
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
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 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!
Aaron Long
Travis was great to work with! Walked us through every step of the process and was extremely helpful. We will use him again in the future 🙂
Meagan Emmerson
Wonderful mortgage loan officer. Kept us updated throughout the process, answered all questions, returned phone calls or answered text messages quickly. Travis made this mortgage experience very pleasant, easy and fast. Thank you Travis Bell! You are the greatest!