Power Plus

Mortgages St. Louis


PowerPlus is our proprietary program and no other mortgage lender in the St Louis Metropolitan area has any program like it.

First Integrity Mortgage Services recognizes that there are qualified borrowers who do not have 20% down and also those who do, but may want to hold onto their money instead of using it for the down payment. We also believe that the size of the down payment is not necessarily an indication of the borrower’s ability to repay the loan. With this in mind, the PowerPlus program was created.

With the Power Plus program, a borrower can purchase a home up to $700,000 with as little as 5% down and a credit score of 700 or better (some restrictions apply). And the best part is, there is no PMI (private mortgage insurance) added to the payment. Normally it would take 20% down to remove the PMI requirement

With the PowerPlus program, the borrower will have many benefits:

  • save a significant amount of money over the life of the loan
  • build equity faster
  • have a lower monthly payment
  • keep cash reserves
  • avoid jumbo loan pricing
  • be able to borrow more because the PMI payment has been eliminated.

Please go to our PowerPlus savings calculator to see how much you can save or simply give us a call for more information. This program is offered in both Missouri and Illinois and is underwritten in our St. Louis home office.