Mortgage Navigator • Mississippi DPA

Mississippi down payment assistance, deep-checked against current state program sources.

A current inventory of state-run and state-administered assistance in Mississippi, plus national DPA options. Funding and rate sheets can still change after this review date.

Reviewed September 11, 2026 • Joshua Dobson, NMLS #190260

Published Minimum FICO: Published minimum FICO is shown only where the administering agency currently publishes one. If a universal score is not established, Mortgage Navigator labels it product/program specific rather than inventing a number.

Quick comparison

ProgramPotential assistancePublished min. FICORepayment/ForgivenessBiggest catch
MHC Smart7$7,000servicer/product specific0% second due on sale/refi/non-owner occupancy/first-mortgage payoffCurrent household income and purchase-price caps apply.
MHC Easy8$8,000product/servicer specific0% second due on sale/refi/non-owner occupancy/first-mortgage payoffHomebuyer education required; current MRB income/acquisition limits apply.
MHC Trusty10$10,000product/servicer specific2% second mortgage, 15-year termVerify live funding and current lender matrix before relying on the program.
MHC Trusty10 Plus 2$12,000 total assistance ($10,000 Trusty10 + $2,000 limited partnership funds)product/servicer specificTrusty10 second plus limited supplemental assistanceExtra $2,000 is limited and may require representation by a participating real-estate professional; verify availability.
State program

MHC Smart7

MHC Smart7 is a current state-administered homebuyer assistance option. Mortgage Navigator uses the administering agency as the controlling source and avoids filling changing details with stale third-party numbers.

Published minimum FICO: servicer/product specific

Biggest catch: Current household income and purchase-price caps apply.
State program

MHC Easy8

MHC Easy8 is a current state-administered homebuyer assistance option. Mortgage Navigator uses the administering agency as the controlling source and avoids filling changing details with stale third-party numbers.

Published minimum FICO: product/servicer specific

Biggest catch: Homebuyer education required; current MRB income/acquisition limits apply.
State program

MHC Trusty10

MHC Trusty10 is a current state-administered homebuyer assistance option. Mortgage Navigator uses the administering agency as the controlling source and avoids filling changing details with stale third-party numbers.

Published minimum FICO: product/servicer specific

Biggest catch: Verify live funding and current lender matrix before relying on the program.
State program

MHC Trusty10 Plus 2

MHC Trusty10 Plus 2 is a current state-administered homebuyer assistance option. Mortgage Navigator uses the administering agency as the controlling source and avoids filling changing details with stale third-party numbers.

Published minimum FICO: product/servicer specific

Biggest catch: Extra $2,000 is limited and may require representation by a participating real-estate professional; verify availability.

National programs Mississippi buyers should also check

National

National Homebuyers Fund

NHF multi-state assistance may be available through participating lenders. Current lender/product terms control credit, pricing, assistance and repayment or forgiveness.

Published minimum FICO: product/lender specific

Biggest catch: Compare first-mortgage pricing and DPA terms together.
National

Chenoa Fund

Chenoa Fund provides FHA down-payment assistance through approved lender partners. Current matrices control credit, pricing and second-mortgage terms.

Published minimum FICO: product/lender specific

Biggest catch: Current lender/program matrix controls.

Mississippi's biggest DPA lesson

Mississippi V24 missed Easy8 and the Trusty10 Plus 2 variant. V25 now lists Smart7, Easy8, Trusty10 and the limited supplemental Trusty10 Plus 2 option.

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Official sources