First Place Program
The First Place Program helps potential first-time homebuyers and qualified Veterans save money by offering mortgage financing with interest rates that are lower than regular market rates. For potential homebuyers with limited savings, the program provides the option for cash assistance to be used for down payment and closing costs. Loans are provided by Certified Lenders for any eligible property in the state of Missouri. All interest rates and allowable closing costs are set by Missouri Housing Development Commission with no minimum down payment or minimum loan amounts.
