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First-Time Home Buyer Loans in Missouri

If you’re a Missouri first-time home buyer you may qualify to utilize the $30,806 WISH Grant. 

Not every first-time buyers has saved enough for 20% down. The good news is that you don’t need that much. 

City of Columbia Down Payment Assistance Loan

How does the program work?

Through the process of buying a home, low-to-moderate-income families may not have adequate funds for the down payment and other up-front loan closing costs. Assistance of $5,000-$10,000, may be provided in the form of a 10-year forgivable loan at 0% interest to assist home buyers in purchasing an existing home. These funds are only to be used for down payment and closing costs (prepaid costs such as taxes and insurance are not eligible), or to reduce the principle amount of a loan, and buyers must provide a minimum of $500 in cash toward the purchase. Click Here for Full Details.

CAASTLC Community Action Agency of St. Louis County, Inc.

Down Payment Assistance for First Time Home Buyers CAASTLC

Financial assistance available to those who qualify and purchase a home;
St. Louis County: 0% interest deferred loan – $3,000 due upon sale or transfer
City of Florissant 0% interest 5 year forgivable loan up to $3,500.00
St. Charles City & County: 0% interest deferred loan – $5,000 due upon sale or transfer
City of O’Fallon: 0% interest deferred loan – $5,000 due upon sale or transfer

St. Charles County includes Cottleville, Dardenne Prairie, Lake St. Louis, St. Paul, St. Peters, Weldon Spring, Wentzville and all of unincorporated St. Charles County

  • Must complete homebuyer education and one-on-one counseling with “Homeownership Ready” status.
  • Must have at least $1,000 of own funds
  • Household income must not exceed 80% median income.
  • Must secure a fixed rate mortgage on the purchased home

Click here for full details.

Zero Down Loan Program

Refined Lending is excited to offer a zero down loan program to qualified buyers. Check out the program highlights below and contact us for full program details!

  • 0% Down payment
  • No city or county geographical restrictions
  • $150,000 income limit
  • 600 min credit score
  • Up to 55% debt to income ratio
  • Available in Every state
  • $0 buyer funds required
  • Up to 5% seller paid closing costs
  • Standard 30 year fixed rates apply

Kansas Housing First Time Homebuyer

KHRC helps enable the dream of homeownership through offering first-time buyers assistance with down payment and closing costs. KHRC collaborates with Refined Lending powered by Luminate Home Loans, allowing homebuyers to apply for a 0% interest loan in the amount of 15 or 20% of the home’s purchase price. If the homebuyer remains in the home for 10 years, the loan is forgiven! Click here for full details.

City of Springfield Down Payment Assistance Program


This program assists first-time home buyers or certain displaced persons with down payment and closing cost assistance to purchase their primary residence. Funding is provided by Federal Housing and Urban Development funds for households with income less that 80% of the Springfield Median Income. The funds are a loan amount up to $9,000 that has no interest and no payments. The loan will be deferred and forgiven over a ten year period as long as it remains the buyers primary residence. Click here for full details.


Most major cities have at least one down payment assistance program. They’re all likely to have similar eligibility requirements, including that you’ve completed a homeowner education course; use an approved lender; and meet local income limits. Check with your Refined Lending loan officer for other loan terms and conditions.

City of St. Charles Down Payment Assistance

The City of St. Charles issues down payment assistance of up to $5,000 for qualified home buyers. Click here for full details.

All programs subject to change at anytime without notice. Not a commitment to lend. Client must qualify for program with Refined Lending and the assistance or grant program selected.  * Sources | |

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