Voucher holder with Housing Authority of St Louis County
First time Homeowner
No family member has owned or had ownership interest in a residence in the past 3 years
No member of the family has any ownership interest in any residential property
Must be employed full time for a least one year
Homeownership certificate/counseling requirement
Minimum annual income of 18, 000 for families, 14, 500 for disabled/elderly
Minimum Down Payment of 3%, 1% from personal resources
May not have defaulted on any mortgage
May not owe money to Housing Authority or landlord
Getting Started:
Enroll in and complete a Home Ownership Class and obtain Certification-classes offered through Justine Peterson (314) 533-2411 and Beyond Housing (314) 533-0600
Save enough for a down payment
Check you credit score to ensure loan qualification
Connect with realtor/banking institution to start process
Once you have obtained your Home Ownership Certificate and have retained a realtor and lender, contact your caseworker. She will direct you to our homeownership specialists.
