Down payment Assistance Programs Cover All of Buyers Downpayment In Most St Louis Areas

By Dennis Norman, on June 9th, 2016

There are a variety of down payment assistance providers in the St Louis area where a qualifying home buyer can obtain assistance with their downpayment to buy a home.  According to a report just released today by RealtyTrac, the average amount of down payment assistance covers the typical down payment on a median priced home in 4 out of five of the St Louis Counties that make up the core market, with St Charles County being the only exception.  As the table below shows, in St Charles County the average down payment assistance of $5,000 falls short of the typical downpayment on a median priced home of $6,150 but still covers most of it.  In the other 4 counties the down payment is more than covered.

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St Louis Area Down Payment Assistance By County

Date Source: RealtyTrac – Copyright 2016 St Louis Real Estate News

 

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