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