MHDC which stands for Missouri Housing Development Commission, has made some modifications to all loans reserved on March 2, 2015. MHDC has been a great option for first-time homebuyers for down-payment assistance and helps with some of the closing costs. Prior to the new changes, the MHDC down-payment assistance program was offering 3.5% as CAL…
Tagged: MHDC Home Loans
MHDC which is also known as Missouri Housing Development Commission, is a first-time homebuyer program, which is offered by the states. MHDC is a form of the FHA loan that does allow down-payment assistance. When considering a new home, you should go by these guidelines: Contacting a loan officer before house shopping should be your…
