1st HOME - Downpayment Loan Program

Jefferson County


The Jefferson County 1st HOME program is an effort by the County to provide zero-interest down payment loans to income-eligible first time homebuyers in Jefferson County. Under this initiative, Jefferson County 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 Jefferson County by approved not-for-profit housing counseling agencies. Jefferson County 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



*Please note that Jefferson County DOES NOT subordinate any down payment assistance loans. In lieu of a subordination request, please contact the St. Louis County Office of Community Development to receive a payoff statement.





Loan Amount

$5,000.00







Income Limits

FY 2016 Income Limit Category

1 Person

2 Person

3 Person

4 Person

5 Person

6 Person

7 Person

8 Person

Low (80%) Income Limits

$39,400

$45,000

$50,650

$56,250

$60,750

$65,250

$69,750

$74,250

Participating Lender/Counseling Agencies

       
Better Family Life
5415 Page
St. Louis, MO 63112
(314) 367-1843 
Beyond Housing/NHS
4156 Manchester
St. Louis, MO 63110
(314) 533-0600
Lemay Housing Partnership
336 E. Ripa Avenue 
St. Louis, MO 63125
(314) 631-9905 




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 
  • Borrower's Note doc
  • Closing Certification pdf | doc
  • Deed of Trust  doc
  • Homebuyer Checklist pdf 
  • 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 doc 
  • Subordination Acknowledgement 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) 615-8232
Fax: (314) 615-8674
TTY: (314) 615-5889