INTERESTED IN BUYING A HOUSE AT THE LAKE?
502 Direct Loans can help you buy a home. You may qualify if:
01
You are unable to get a conventional loan that requires a 20% down payment
02
You have a debt-to-income ratio no greater than 41%
03
You have been consistently employed for at least 2 years
04
Your income does not exceed 100% of the area's median income
ABOUT
About the Lake Area Community Development Corporation (LACDC)
We assist low—to moderate-income individuals and families in securing affordable, accessible, and universally designed housing and work to improve, promote, coordinate, and develop new affordable housing opportunities in Camden, Miller, Morgan, and Laclede Counties.
BENEFITS
Why live at the Lake of the Ozarks
Our Funders & Partners
Great Schools
The lake area has highly rated school districts and post-secondary programming.
Job Opportunities
The lake area offers abundant year-round employment opportunities.
Low Cost of Living
The cost of living in the lake area is less than national average.
Great Outdoors
The lake area features 1150 miles of shoreline, breathtaking landscapes, beautiful forests, and lots of wildlife.