1st HOME - Downpayment Loan Program

City of St. Charles

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


Loan Amount


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









Participating Lenders

Better Family Life
5415 Page
St. Louis, MO 63112
(314) 367-1843 
Beyond Housing/NHS
6506 Wright Way
St. Louis, MO 63121
(314) 533-0600
Northeast Community Action Corporation
3400 Meadow Pointe Dr
O'Fallon, MO 63366
(800) 748-7636
The 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
  • 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 Policy pdf
  • Subordination Worksheet  doc 
  • Forgivable Note   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) 615-4592
Fax: (314) 615-8674
Relay Missouri 1-800-735-2966