×
Sign In Sign Up

Find Homeownership Incentives

Smart Solution

First Time Homebuyers Returning Home Buyer Low to Moderate Income (LMI)

Type Of Program

Home Purchase Mortgage

Program distribution

Deferred Second Mortgage

Program Originator

Mississippi Home Corporation

Amount

$3.50

Contact

Blocks

Location
Nationwide
Description

Mississippi Home Corporation’s Smart Solution Mortgage program offers assistance to first-time homebuyers. This program's benefits are as follows: 3.5% downpayment as 2nd mortgage; 2nd mortgage with the same rate as first; 30 year fixed rate; and 10-year loan.

 

AMI Limit

No

AMI

Employer Participation Required

No

Must Earn Counseling Certificate

No

Eligibility Limitations

Cash Sale Permitted

No

Cosigner Permitted

No

Owner Financing Permitted

No

Must be Primary Residence

No

Program Provider's Contact Name

Program Provider's Address

Program Provider's Phone

Program Provider's Email