MHFA SmartSolution First Mortgage

Mississippi Home Corporation (MHC)

Available Down Payment

About This Program

Mississippi Home Corporation provides low-interest mortgage loans combined with down payment and closing cost assistance for first-time homebuyers. Available in Madison and throughout Mississippi with household income limits.

Down payment assistance amount varies by income and purchase price

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Down payment assistance up to $15,000
  • Available for first-time homebuyers statewide
  • Income limits apply based on household size
  • Must complete homebuyer education course
  • Can be combined with low-interest mortgage

How to Apply

A grant-savvy contractor in Madison, MS can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Rolling basis, subject to fund availability

Questions about this program?

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Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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