Welcome Home St. Louis

Down Payment Assistance Program

In partnership with six local housing counseling agencies, Enterprise Bank & Trust has built the foundation for a future of increasing home ownership across St. Louis. Through this program, we can pay a portion of your down payment, up to $1,500 of closing costs, and your initial mortgage insurance.*


Steps to Help You Save on Your Home Purchase

  • Covering a portion of your down payment
  • Covering a portion of your closing costs
  • Covering your initial Mortgage Insurance (MI) premium
  • Program available only in majority minority census tracts in St. Louis City and County

Important Details

  • Applicant(s) income is not to exceed $74,500 per year
  • Total benefit per customer including Down Payment Assistance, closings costs, MI payments and homeowner education is not to exceed $20,000
  • Offer of credit is subject to credit approval
  • Borrower(s) must complete homebuyer education

Get Started

Contact Karen Wiley (NMLS # 577006) at 314-845-5101 (Office) / 314-565-6903 (Cell) or kwiley@enterprisebank.com to learn more!

Home Ownership Education

For more information and to save $50 on your Homebuyer Education course, contact one of our partners listed below.


        Beyond Housing    The Housing Partnership   Community Action Agency of St. Louis County, Inc.   Urban League of Metropolitan St. Louis, Inc.  Better Family Life, Inc.

*Note: Clicking these links will leave the Enterprise Bank & Trust website. Enterprise Bank & Trust is not responsible for the content managed on third party sites.

*Offer subject to credit approval and FHA or conventional lending guidelines. Offer valid only on 1st lien, owner occupied purchases. Borrower must meet certain income and location requirements to qualify. Subsidy subject to completion of approved homebuyer counseling course.