Easy8
Open · Deferred loan
$8,000
A 0% interest second mortgage paired with a Mississippi Home Corporation 30-year fixed first mortgage, usable for down payment, closing costs or prepaids. It is not forgiven: it is due on sale, refinance, when the home stops being owner-occupied, or when the first mortgage is paid off.
Who qualifies: First-time homebuyers (no principal residence in the past 3 years); veterans and buyers in Target Areas are exempt. Household income within county limits. Credit qualification through a participating lender. Owner-occupied principal residence. Homebuyer education required. No liquid asset limit.
Mississippi Home Corporation · Agency website → · Checked 2026-09-30
Trusty10
Open · Repayable loan
$10,000 (plus $2,000 more with Trusty10 Plus 2 while funds last)
A $10,000 second mortgage at 2% interest with a 15-year term, paired with an MHC 30-year fixed first mortgage. MHC's page doesn't spell out the payment schedule, but as a 15-year interest-bearing loan it is not forgiven. Trusty10 Plus 2 adds $2,000 through a partnership with Mississippi REALTORS for buyers represented by an agent, while funds last.
Who qualifies: Same as Easy8: first-time homebuyers (veterans and Target Areas exempt), county income limits, credit qualification with a participating lender, owner-occupied, homebuyer education required.
Mississippi Home Corporation · Agency website → · Checked 2026-09-30
Home4All
Open · Grant
Up to $25,000, based on need (cannot exceed 50% of the purchase price)
A HOME-funded homebuyer assistance grant for lower-income buyers, sized by need based on income, sales price and financing terms. It is subject to an affordability period (terms not detailed on the page). Includes pre-purchase education.
Who qualifies: No ownership of a principal residence in the past three years. Household income below 80% of AMI, adjusted for family size. Must qualify for a fixed-rate mortgage through an MHC-approved lender. U.S. citizen. HUD-approved homebuyer education. County purchase price limits.
Mississippi Home Corporation · Agency website → · Checked 2026-09-30