Assistance program · Mississippi
Easy8
Mississippi state corporation 30-year mortgage with $8,000 at 0% as a second mortgage for the down payment, closing costs or prepaid expenses, repaid when you sell, refinance, stop living in the home or pay off the mortgage; for first-time buyers, except in designated areas and for veterans
At a glance
- Most it gives, per the source
- $8,000
- What its page says; your amount depends on the price and the loan.
- Kind of help
- Deferred
- Second loan with no payments until you sell or refinance
- First-time buyer?
- Yes
- First-time buyers only
- Checked
- November 5, 2026
- Against the program's official page.
Type of help
What it is
- Second loan with no payments until you sell or refinance
What it gives
$8,000
Source text
Easy8 offers $8,000 in down payment assistance and closing costs with a competitive interest rate. … $8,000 with 0% interest … Due-on-sale payable to MHC at refinance, non-owner occupied, or 1st mortgage paid in full … Can be used towards down payment, closing costs, or pre-paids A summary of what the program publishes; not a loan offer or advice. Amounts, limits and funding change without notice.
At a glance
Who qualifies
Each answer comes from the program's page. "Not stated — ask" means its page doesn't make it clear: ask before you apply.
Source text
FHA insured, VA Rural Development, & Fannie Mae/Freddie Mac Loans … First-time homebuyers or persons who have not owned a principal interest in a residence in the past 3 years … Certain areas of the state, called “Target Areas” and veterans are exempt from the “first-time homebuyer” rule … Households who are within the income guidelines for the county in which they purchase a home … Credit qualify with a participating lender … Property must be owner-occupied & principal residence … Homebuyer education required - First-time buyers only Yes
- Homebuyer course required Yes
- Minimum credit score Not stated — ask
- Income limit Per the program table (by county and household size)
- Price limit Per the program table
- Mortgages it works with FHA, VA, USDA, Conventional
- Immigration requirement Not stated — ask
- Accepts ITIN? Not stated — ask
- Spanish materials Not stated — ask
- Program status The source does not say whether it is open — ask
- Where it applies All of Mississippi
What its page says about being open
Its page does not say whether the program is open or has funds. Ask the lender or the agency before counting on it. Read on the official page on November 5, 2026.
Your area in numbers
What buying costs in Mississippi
The program covers all of Mississippi. The first column is Mississippi's figure; the second runs from the lowest to the highest among its counties. Limits change by county: check yours.
The typical home value ($169,800) fits within Mississippi's FHA limit ($541,287).
The program sets its income limit in its own table. For reference, HUD's low-income limit for 4 people in Mississippi is $57,600.
| Figure | Mississippi | Lowest to highest | Source |
|---|---|---|---|
| Typical home value | $169,800 | $69,600 (Quitman County) to $315,400 (Lafayette County) | U.S. Census Bureau |
| FHA limit (one-unit home) | $541,287 | $541,287 in all 82 counties | HUD |
| Conforming limit (one-unit home) | $832,750 | $832,750 in all 82 counties | FHFA |
| HUD low income (80%), household of 4 | $57,600 | $57,600 (Adams County) to $78,500 (Lafayette County) | HUD |
Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024) · FHA mortgage limits (HUD) (2026 data) · Conforming loan limits (FHFA) (2026 data) · Income Limits (HUD) (Fiscal year 2026)
Step by step
How to use it, step by step
Each step comes from what the program's page says. What its page leaves out is further down, in the questions.
Find a participating lender-
Ask first whether it is open
Its page does not say whether it is open or still has funds. That is the first thing to ask.
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Confirm you count as a first-time buyer
The program requires it. Read on its page how it defines "first-time buyer" and whether there are exceptions.
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Find your county in the income table
The limit changes with the county and the number of people in your household. Count the income of everyone the program asks you to add.
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Take the homebuyer course
The program requires it. HUD-approved housing counseling agencies teach courses. Mississippi has 16 agencies on HUD's list, and 4 serve people in Spanish.
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Pick a mortgage it works with
According to its page, the help is used together with a FHA, VA, USDA and Conventional loan. Each loan type has its own requirements.
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Find a participating lender: state programs do not take applications directly; the lender reserves the assistance while processing your mortgage.
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Compare the total cost before you sign
Ask about the total cost. The mortgage with assistance may carry a higher rate than without it, and some programs charge for the course or a fee.
Before you call
What to ask
Its page leaves 6 points unclear. Write them down for when you talk to Mississippi Home Corporation.
What its page does not say
- Is it open now, and does it still have funds?
- Is there a maximum price for the home?
- What minimum credit score do you require?
- Which immigration status or residency documents do you ask for?
- Do you accept an ITIN?
- Do you have materials or staff in Spanish?
Worth asking for this kind of help
- When is the second loan repaid: when I sell, refinance or pay off the mortgage?
Against the others
How it compares with Mississippi's other programs
The 3 programs we checked in Mississippi, with the same fields from their official pages. "Doesn't say" means its page does not make it clear.
It is one of 2 programs in Mississippi, out of 3, that require being a first-time buyer. It is one of 3 out of 3 that publish an amount with the figure in their own wording. One other program in the state also gives "deferred" help: Smart7 Mortgage Program. 2 of the 3 require a homebuyer course, this one included.
Swipe the table to see every column.
| Program | Kind of help | Published amount | First-time buyers only | Course required | Accepts ITIN | Where it applies |
|---|---|---|---|---|---|---|
| Easy8this program | Deferred | $8,000 | Yes | Yes | Doesn't say | Statewide |
| Smart7 Mortgage Program | Deferred | $7,000 | No | Doesn't say | Doesn't say | Statewide |
| Home4All | Grant | Up to $25,000 | Yes | Yes | Doesn't say | Statewide |
Sources
How we checked this program
We read the program's official pages on November 5, 2026 and copied their text as it appears on them. We add no amounts or requirements those pages do not state, and a program is listed as open or closed only when its page says so.
We check every program again. If more than 180 days pass without a check, the page says so.
Get free help applying
A HUD-approved housing counselor explains the program's requirements, goes over your numbers and tells you what to ask the lender. They do not sell loans.
Find a counselor (HUD)Read before you apply
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Help and programs
Down payment assistance: how it works
What down payment assistance is, the types that exist (grant, forgivable or deferred second loan, tax credit), who qualifies and where to find it.
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Help and programs
Homebuyer education courses: when you need one
What a homebuyer education course is, when Fannie Mae, Freddie Mac and assistance programs require one, and where to take it for free or in Spanish.
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Mortgage loans
FHA loan: down payment, insurance, limits and who qualifies
How an FHA loan works: the down payment and credit score HUD requires, MIP mortgage insurance, your county limit, the home and the residency rules.
Your county
Price and income limits depend on the county. Your county page has the typical value, the FHA limit and the counseling agencies that can walk you through the application.