Mississippi Home Corporation First-Time Homebuyer

Mississippi Home Corporation

Available Down Payment

About This Program

Provides down payment and closing cost assistance to first-time homebuyers in Mississippi. Assistance is provided as a forgivable second mortgage that is forgiven after 15 years. Must be combined with an MHC first mortgage.

Assistance amount varies by program tier and borrower income

Key Details

  • Down payment assistance up to $8,000
  • Available statewide including Jackson
  • Forgivable second mortgage after 15 years
  • Must be first-time homebuyer
  • Must use MHC first mortgage

How to Apply

Deadline: Ongoing while funds available

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