Stifel Bank & Trust’s Commitment to the Greater St. Louis Area

Are you looking to purchase a home and feel overwhelmed by the mortgage process? Don’t let self-doubt hold you back. Stifel Bank & Trust is committed to building homeownership opportunities for the St. Louis community and to help ensure purchasing a home is less challenging. Located in Creve Coeur, our dedicated mortgage team has specialized in making owning a home more accessible in our hometown for nearly 20 years. With a 98% satisfaction rating from our clients, our steadfast dedication to our community is proven. Our lenders average 20 years in the industry and understand what it takes for successful homeownership.

Our loan programs for St. Louis residents are designed to make the homebuying process affordable to individuals and families across the area, empower generations of potential homebuyers, and help build confidence along the way. Stifel Bank & Trust can help homebuyers discover which of our loan programs is the best fit. A few of our offerings and resources are described below:

Stifel Bank & Trust Affordable Mortgage Program (AMP)

Stifel Bank & Trust can make buying your home up to $7,500 more affordable by providing qualified homebuyers a contribution towards closing costs and pre-paid items with no repayment required¹.Learn more about how to AMP up your homebuying power at https://bankwithstifel.com/mortgage/serving-st-louis/.

Work-Live STL Program

Our affordable home purchase and refinance program for City Municipal Employees offers competitive interest rates for a variety of loan programs. This program is tailored for employees of the City of St. Louis, St. Louis Public Schools, St. Louis Public Library, and Lambert International Airport. For more information, contact Stifel Bank at (314) 317-6920 or email WorkLiveSTL@StifelBank.com.

MHDC First Place and Next Step Programs

As a Certified Lender for Missouri’s MHDC loan programs, Stifel Bank & Trust is reducing barriers to becoming a homeowner. The MHDC First Place Program offers affordable interest rates along with a Cash Assistance Payment (CAP) of up to 4% of the loan amount to first-time homebuyers² and veterans. The MHDC Next Step Program is geared towards non-first-time homebuyers with downpayment and closing cost assistance.

Stifel Bank & Trust supports financial education throughout the St. Louis community through online courses and partnerships with local institutions. With resources for every age, we strive to foster development and growth for individuals across life’s stages.

Mindful Money Workshops

Stifel Bank & Trust offers free financial education on topics such as budgeting, home buying, and more. Building your understanding of financial capabilities may be the most valuable form of investing in yourself. Get started at https://stifelbank.banzai.org/wellness.

Financial Literacy for Young Learners

In Partnership with the United Way of Greater St. Louis and LionForge Labs, Stifel Bank & Trust offers free resources that help teach children the importance of healthy money management. Our coloring and comic books combine adventure and learning to spark curiosity among the younger generations of our community. View our free Budget Bunny materials at https://www.budgetbunny.com/.

Meet Bud the Budget Bunny on April 12^th at the St. Louis Zoo! For more information, visit https://www.moneysmartstlouis.org/event/money-smarts-month-kids-zoo-safari/.

Ready to purchase a home?

Start your journey to homeownership today by visiting www.StifelMortgage.com. Let Stifel Bank & Trust help you unlock the door to your dream home. Stifel Bank & Trust, NLMS #375103.

¹Maximum lender contribution of $7,500 is subject to limitations of selected loan type – FHA, Conventional, or VA. Additional eligibility requirements apply. FHA – closing cost contribution limited to the lesser of actual costs incurred or 6% of the sale price. Conventional – closing cost contribution limited to the lesser of the actual costs incurred or 3% (< 10% down), 6% (10 – 24.99%), or 9% (25% or more) of sale price. VA – closing cost contribution limited to the lesser of actual costs incurred or 4% of the sale price. Borrower may be required to participate in homeownership education program.

²First-time homebuyers are defined as those persons who have not owned a home or had an ownership interest in a primary residence for the past three years. The amounts indicated for MHDC price and income limits are based on 1-2 occupants 18+. Limits may increase if additional occupants are 18+.

Please contact your Stifel Bank & Trust Lender for loan program details. This information is provided for informational purposes only and is not intended to extend consumer credit as defined by section 1026.2 of Regulation “Z.” Interest rate, program terms, and conditions are subject to change without notice.

Stifel Bank & Trust offers mortgage services to clients of Stifel and current and prospective homeowners in the St. Louis Metro Area of Missouri and Illinois.