Here are HomeTraq we want to make sure you get into your dream home as quickly and cost efficiently as possible. Here are some of the first time buyer programs in Missouri for 2020.

You can get a mortgage with a down payment of as little as 3% if you meet specific requirements however if you put a 20% down payment down you don't have to pay mortgage insurance. You will need a credit score of at least 620 but to get the best rates aim for 740.

If your credit score is below 620 you can aim for a FHA loan. The down payment is as little as 3.5% and if you put down a down payment of 10% you can still get mortgage insurance but you will not be able to cancel it.

This is available to veterans, current military members and surviving spouses. With this plan there is no minimum down payment, no minimum credit score and no payment for mortgage insurance.

These are just a few of the programs out there to help first time buyers, to hear about more get in contact with HomeTraq.

HomeTraq's home-hunting strategies were created for the digital age and the HomeTraq App will guarantee you have a superior home-buying experience. Want to see a home? An expert realtor will meet you at the property within minutes. No commitment, free of charge. Let HomeTraq do the heavy lifting.

Happy House Hunting.