09/04/2026
If you know someone who wants to buy but has no down payment or closing cost, look at this one!
This property is fully eligible for the Missouri Housing Development Commissions Targeted Financing Program. This unlocks down payment assistance and rate incentive options to a much larger group of potential buyers than standard MHDC programs.
Key details include:
Downpayment Assistance Options: Buyers can utilize a down payment assistance grant up to 4%. This enables down payment assistance across Conventional, FHA, VA, and USDA 30-year fixed loans. DPA loans also provide competitive interest rates on the primary loan.
Rate incentives: Buyers with an existing down payment can instead obtain incentives that provide 30-year fixed rates that are significantly lower than the current market.
Expanded Eligibility: There is no first-time homebuyer requirement. Repeat buyers are fully eligible to access these incentives.
Increased Income Limits: Household income can be as high as 135,940 USD and still qualify.
1044-State-Highway-T,-Gainesville,-MO-65655