MHFA SmartSolution First Mortgage

Mississippi Home Corporation (MHC)

Available Down Payment

About This Program

MHFA SmartSolution First Mortgage is available to homeowners in Madison, MS.

Mississippi Home Corporation provides low-interest mortgage loans combined with down payment and closing cost assistance for first-time homebuyers. Available in Madison and throughout Mississippi with household income limits.

Down payment assistance amount varies by income and purchase price

Official source site checked live on 2026-06-22.

Data last verified 2026-06-09. How we verify our data.

In Madison, MS, you can combine this program with other local help to cut your cost:

Key Details

  • Down payment assistance up to $15,000
  • Available for first-time homebuyers statewide
  • Income limits apply based on household size
  • Must complete homebuyer education course
  • Can be combined with low-interest mortgage

How to Apply

A grant-savvy contractor in Madison, MS can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Rolling basis, subject to fund availability

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How much can MHFA SmartSolution First Mortgage provide in Madison, MS?

Up to $15,000 down payment assistance.

Who qualifies for MHFA SmartSolution First Mortgage in Madison?

MHFA SmartSolution First Mortgage is open to homeowners in Madison, MS.

How do I apply for MHFA SmartSolution First Mortgage in Madison, MS?

Apply directly with Mississippi Home Corporation (MHC) using the official program link on this page or call (601) 718-4642. There is no middleman and no fee.

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Madison, MS

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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