What is a Mortgage?
A mortgage is a loan to buy a home. Instead of a monthly rent payment, a homeowner makes a monthly mortgage payment.

What is a Down Payment?
A down payment is part of the purchase not financed with a mortgage; a buyer pays this with his or her own money, or with money received from a grant or other source.

What are my financing options?
You may use the special financing packages created just for Quality Hill Square Condominiums by the Missouri Housing Development Commission, or you may finance your home with a lender of your choice.

Special Monthly Payment Arrangements:
To streamline the monthly bill-paying process for owners, special arrangements have been made to allow all Quality Hill Square Condominium owners to make a single monthly payment to cover their mortgage payment and condominium fee.