Assistance program · Mississippi
Home4All
Mississippi state corporation forgivable grant, with federal HOME funds, of up to $25,000 for the down payment, closing costs or to reduce the principal; for first-time buyers with incomes under 80% of the area median and a fixed-rate mortgage; if you sell before 5 or 10 years (depending on the amount), you may repay part of it
At a glance
- Most it gives, per the source
- Up to $25,000
- What its page says; your amount depends on the price and the loan.
- Kind of help
- Grant
- Grant you never repay
- First-time buyer?
- Yes
- First-time buyers only
- Checked
- November 5, 2026
- Against the program's official page.
Type of help
What it is
- Grant you never repay
What it gives
Up to $25,000
Source text
The Home4All program is designed to assist people to become homeowners by providing up to $25,000 in homebuyer assistance. … Downpayment assistance cannot exceed 50% of the purchase price. … Grant amount will be based on the homebuyer’s need and is subject to an affordability period. … Home4All is a HOME-funded Homebuyer Assistance Program administered by Mississippi Home Corporation (MHC) that provides down payment assistance and closing cost assistance as a forgivable grant to eligible homebuyers. … Down payment assistance … Closing cost assistance … Principal reduction … Less than $15,000 - 5 Years … $15,000-$40,000 - 10 Years … Recapture is the repayment of HOME assistance when the property is sold or transferred during the affordability period. 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
May be used with FHA, VA, USDA Rural Development Direct or Guaranteed loans, and approved Fannie Mae or Freddie Mac 30-year conventional loan with Private Mortgage Insurance. … Cannot have owned or had an interest in a principal residence within the past three years. … Must qualify to purchase the property by permanent fixed-rate mortgage through an MHC-approved lender. … Household income must be below 80% of median income, adjusted for family size. … Must be a US citizen. … Homebuyer education is required through a HUD-approved housing counselor. … Purchase Price Limits vary by county. … Must be in an eligible area. … Must serve as the primary residence. - 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 Citizenship or qualified-alien status, per the source
- 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 program sets its maximum price in a table. Compare it with the typical home value in Mississippi: $169,800.
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.
-
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.
-
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.
-
Check your county's maximum price
The program sets a maximum price per county in its table.
-
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.
-
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.
-
Find a participating lender: state programs do not take applications directly; the lender reserves the assistance while processing your mortgage.
-
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 4 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?
- What minimum credit score do you require?
- Do you accept an ITIN?
- Do you have materials or staff in Spanish?
Worth asking for this kind of help
- Is there any case in which the grant has to be paid back?
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. It is the only program in Mississippi on our list with "grant" help. 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 |
|---|---|---|---|---|---|---|
| Home4Allthis program | Grant | Up to $25,000 | Yes | Yes | Doesn't say | Statewide |
| Smart7 Mortgage Program | Deferred | $7,000 | No | Doesn't say | Doesn't say | Statewide |
| Easy8 | Deferred | $8,000 | 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
-
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.
-
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.
-
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.