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St. Louis County First Home Down Payment Loan

St. Louis County Office of Community Development (HOME Investment Partnerships Program) · St. Louis County, Missouri

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Assistance

$3,000

The maximum the program publishes — not an offer

Income limit

80% AMI

Of area median income; varies by county and household size

Repayment

Deferred

No payments until the home is sold or refinanced

What is St. Louis County First Home Down Payment Loan?

St. Louis County First Home Down Payment Loan is a deferred second loan for homebuyers in St. Louis County, Missouri, administered by St. Louis County Office of Community Development (HOME Investment Partnerships Program).

  • St. Louis County's First Home Down Payment Loan, funded through the County's HOME Investment Partnerships Program, provides a $3,000 zero-interest deferred loan toward down payment for income-eligible first-time homebuyers purchasing in St. Louis County. The loan is due upon sale or transfer of the home.
  • $3,000 zero-interest deferred down payment loan, due on sale or transfer.
  • This is a federal program, so it is available beyond a single state or city.
  • Funding comes from HUD HOME Investment Partnerships Program (via St. Louis County).

How much assistance does it provide?

St. Louis County First Home Down Payment Loan offers up to $3,000 in assistance.

  • Amounts are the program's published maximums, not an offer — St. Louis County Office of Community Development (HOME Investment Partnerships Program) determines any individual award.

Do you have to pay it back?

St. Louis County First Home Down Payment Loan is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off.

  • Repayment is triggered by Due upon sale or transfer of the property.
  • The assistance is recorded in second position.
  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

St. Louis County First Home Down Payment Loan is open to first-time homebuyers and buyers who will live in the home as their primary residence.

The program requires

  • First-time homebuyer — the program sets its own definition
  • The home is occupied as a primary residence
  • A completed homebuyer education course
  • Applicant must complete homebuyer education and one-on-one counseling with a HUD-certified housing counselor and achieve 'Homeownership Ready' status, contribute at least $1,000 from their own funds, and have household income at or below 80% of area median income. Property must be in St. Louis County (excludes municipalities running their own HOME programs). Caveat: the live County program page is behind a Cloudflare challenge and could not be fully rendered for verification; field values are corroborated from County program-page excerpts and should be re-confirmed against the live page.

The program excludes

  • Households above 80% of area median income

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

St. Louis County First Home Down Payment Loan limits household income to 80% of the area median income, which varies by county and household size.

  • Household income at or below 80% of area median income.
  • Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Where does it apply?

St. Louis County First Home Down Payment Loan is a federal program, so it is not limited to Missouri.

How do you apply?

Applications for St. Louis County First Home Down Payment Loan go through St. Louis County Office of Community Development (HOME Investment Partnerships Program), which publishes the current terms and the application steps on its own site.

  1. Take a homebuyer education course

    Required by the program before funds are reserved.

  2. Contact St. Louis County Office of Community Development (HOME Investment Partnerships Program) to reserve funds

    Funds are reserved with the provider and are subject to availability.

  3. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.

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