Tagged: MHDC Loans

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…

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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. Key Guidelines for MHDC Loans: When considering a new home, you should go by these guidelines: Steps to Take Before House…

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