Up to $8,000 at 0% interest. Deferred until sale, refinance, or payoff. First-time buyers.
Easy8 provides 8% of the loan amount in DPA — nearly enough to cover the entire 10% down payment required for borrowers with credit scores between 500-579 on FHA loans. This makes homeownership accessible to buyers who would otherwise be locked out by credit requirements.
Mississippi's program naming convention (Smart6, Smart7, Easy8) reflects increasing levels of assistance with corresponding first mortgage rate adjustments. Each program serves a different buyer profile based on how much cash they have available versus what monthly payment they can afford.
This program can be used on 1-4 unit properties. Live in one unit, rent the others.
We'll show you how to combine MHC Easy8 (Mississippi) with other programs to maximize your free money — personalized to your ZIP code and income.