Mississippi Home Corporation SmartBuy Down Payment Assistance

Mississippi Home Corporation (MHC)

Available Down Payment

About This Program

Down payment and closing cost assistance for first-time homebuyers in Mississippi purchasing in eligible areas including McComb. Must be used in conjunction with an MHC first mortgage loan. Forgivable over 5 years if home remains primary residence.

Grant forgiven after 5 years of owner-occupancy, no repayment required

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

Key Details

  • Up to $7,500 for down payment and closing costs
  • First-time homebuyers in McComb eligible
  • Must use MHC first mortgage loan
  • Forgivable after 5 years of occupancy
  • Income and purchase price limits apply

How to Apply

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

Deadline: Ongoing, subject to mortgage credit certificate availability

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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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