Property and Roads

Property and Roads

1st HOME - Downpayment Loan Program

City of Florissant


The Florissant 1st HOME program is an effort by the City to provide zero-interest down payment loans to income-eligible homebuyers in Florissant. Under this initiative, the Florissant will purchase subordinated second mortgage loans which finance, in conjunction with the origination of the primary loans by the Mortgage Lender, the down payment and eligible closing costs associated with acquiring qualified owner-occupied residences.

The Second Mortgage Loans are at zero percent interest, forgivable after 5 years and will be originated and sold to Florissant by approved not-for-profit housing counseling agencies. Florissant will provide each housing counseling agency with a program manual that will provide detailed Program Procedures, and will coordinate a training and review session with participating agencies.

HOUSING COUNSELING REQUIRED

Loan Amount

$3,500.00  -  Funding is currently not available.

Income Limits

FY 2014 Income Limit Category

1 Person

2 Person

3 Person

4 Person

5 Person

6 Person

7 Person

8 Person

Low (80%) Income Limits

$37,600

$43,000

$48,350

$53,700

$58,000

$62,300

$66,600

$70,900


Participating Lender/Counseling Agencies

Better Family Life
5415 Page
St. Louis, MO 63112
(314) 367-1840
Beyond Housing/NHS
4156 Manchester
St. Louis, MO 63110
(314) 533-0600
 CAASTLC
2709 Woodson Rd.
St. Louis, MO 63114
(314) 863-0015
Lemay Housing Partnership

336 E. Ripa Ave

St. Louis, MO 63125

(314) 631-9905

Northeast Community Action Committee
3400 Meadow Pointe Dr
O'Fallon, MO 63366
(800) 748-7636

Associated Links

U.S. Dept. of Housing & Urban Development

Part 5 Income Calculator
(for use with Homebuyer Checklist)



Manual and Lender's Forms

  • Manual pdf
  • Borrower's Intake pdf | doc
  • Borrower's Note pdf | doc
  • Closing Certification pdf | doc
  • Deed of Trust pdf | doc
  • Homebuyer Checklist pdf |doc
  • Homebuyer Form pdf | doc
  • Inspection Procedures  pdf doc
  • Recapture Policy pdf | doc
  • Request for Notice of Sale
       Under Deed of Trust
       (Mortgage) pdf | doc
  • Reservation Form
           pdf doc
  • Subordination Policy pdfdoc
  • Subordination Worksheet
       pdf | doc

It is the policy of St. Louis County to provide services without regard to race, color, religion, national origin, ancestry, age, sex, familial status, physical handicap or disability.

Contact Information
Office of Community Development
41 S. Central, 5th Floor
Clayton, MO 63105
Phone: (314) 615-4405
Fax: (314) 615-8674
TTY: (314) 615-5889