First-time home buyers receive a forgivable 3% cash assistance loan for down payment and closing costs. The Missouri Housing Development Commission (MHDC) provides a competitive interest rate on a safe 30-year fixed rate 1st mortgage. Your 3% advance loan is treated as a 2nd mortgage and is completely forgivable after five years of continuous occupancy. MHDC will have the monies available for the borrowers regardless of bond issuance through Constant Funding. [...]
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Dennis Norman UPDATE June 7, 1010 – Here are links to the Forms from MHDC to claim the tax credit as well as some sample forms they have provided showing how to fill them in: Program ApplicationHome Purchase AffidavitPromissory NoteHope Program Information and InstructionsSample Forms ******
Dennis Norman Back in December [...]
Dennis Norman UPDATE June 7, 1010 – Here are links to the Forms from MHDC to claim the tax credit as well as some sample forms they have provided showing how to fill them in: Program ApplicationHome Purchase AffidavitPromissory NoteHope Program Information and InstructionsSample Forms ****** Just moments ago, the Missouri Housing Development Commission [...] |
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