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
Quick comparison
| Program | Potential assistance | Published min. FICO | Repayment/Forgiveness | Biggest catch |
|---|---|---|---|---|
| MHC Smart7 | $7,000 | servicer/product specific | 0% second due on sale/refi/non-owner occupancy/first-mortgage payoff | Current household income and purchase-price caps apply. |
| MHC Easy8 | $8,000 | product/servicer specific | 0% second due on sale/refi/non-owner occupancy/first-mortgage payoff | Homebuyer education required; current MRB income/acquisition limits apply. |
| MHC Trusty10 | $10,000 | product/servicer specific | 2% second mortgage, 15-year term | Verify 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 specific | Trusty10 second plus limited supplemental assistance | Extra $2,000 is limited and may require representation by a participating real-estate professional; verify availability. |
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
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
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
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
National programs Mississippi buyers should also check
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
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
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.
Let Josh compare the available programs.
Send the city/ZIP, purchase price, credit range, household income and first-time-buyer status.