In Mississippi, there is only one company that provides down payment assistance programs - MS Home Corp. The two main down payment assistance programs are the: Mortgage Revenue Bond and the DPA (Down Payment Asssistance). MS Home Corp also provides a grant called the Home Loan Plus grant for $14,999.00.
In order to qualify for these programs, you will still need to "credit qualify" and meet certain eligibility requirements.
There may be some additional options for you, like the USDA 100% loan or the HUD $100.00 down program (which is only available on HUD foreclosures. You can visit the site at http://www.hudhomestore.com
If you are interested in finding out more about these programs and if you could qualify for them, please contact me at your convenience.
Doug Capps, Fairway Mortgage, 662-429-5100 Ext. 105