Mississippi Trusty10
Mississippi Home Corporation offers Trusty10 to first-time buyers in Mississippi: up to $10,000, as a repayable loan.
- Amount
- Up to $10,000
- Kind of help
- Repayable loan
- First-time buyers only
- Yes, with exceptions
How is Mississippi Trusty10 paid back?
Repayable loan: 2% second mortgage, repaid with interest over 15 years.
A repayable loan is a small second mortgage you pay off each month, usually in the same payment as your main home loan.
Who qualifies for Mississippi Trusty10?
- MHC programs have income limits set by county.
- First-time buyers only: yes, with exceptions.
- It comes with an MHC 30-year fixed-rate mortgage.
Most limits follow your county and household size. Our HUD income limits lookup shows your area's median income and where your household sits.
How to apply for Mississippi Trusty10
- Mississippi Home Corporation pays this help out through its approved lenders, so you apply with one of them, together with your home loan.
- The lender checks your income, credit and the home against the program's rules and reserves the money for you.
- The help is paid at closing, toward your down payment and closing costs.
Read the full rules and whether it is taking applications on Mississippi Home Corporation's page for Trusty10.
Ask a lender about Mississippi Trusty10
Tell us where you're buying and a lender that works with Mississippi's programs can tell you whether Mississippi Trusty10 fits you, and what you could combine with it.
Rather not call? Send your details and the lender will reach you.
Other first-time buyer programs in Mississippi
- Mississippi Smart7: up to $7,000, deferred loan.
- Mississippi Easy8: up to $8,000, deferred loan.
- Mississippi Housing Assistance for Teachers (HAT): up to $6,000, forgivable loan.
- Mississippi Home4All: up to $25,000, grant.
All Mississippi first-time home buyer programs · Down payment assistance in every state