First-Time Homebuyer Programs in Mississippi

Mississippi Home Corporation (MHC) offers several down payment assistance programs for homebuyers across the state. The Smart6 program provides $6,000 in deferred, zero-interest assistance for first-time and repeat buyers, while the Easy8 program offers $8,000 under similar terms for first-time buyers. The Trusty10 program provides up to $10,000 at 2% interest repaid over 15 years. MHC also offers a Mortgage Credit Certificate (MCC) allowing eligible buyers to claim up to 40% of annual mortgage interest as a federal tax credit, and the Housing Assistance for Teachers (HAT) program provides up to $6,000 in forgivable assistance for educators in critical shortage areas.