Restoring Hope and Offering Assistance

Mississippi Home Corporation (MHC) received funding from the U.S. Department of Treasury’s 

Hardest Hit Fund to create Home Saver. The Mississippi Home Saver Program provides mortgage 

assistance to unemployed or substantially underemployed homeowners in Mississippi who, 

through no fault of their own, are financially unable to make their mortgage payments.

The Home Saver program assists homeowners who have experienced other financial hardships, 

including those associated with military service, suffered the loss of a spouse, or recently 

divorced. 

Homeowner Eligibility: • Unemployed receiving or eligible for 

unemployment benefits.

• Underemployed with an involuntary loss 

of income of 15% or more.

• Members of the U.S. Armed Forces who 

have experience a drop in income due 

to deployment.

• Experienced a financial hardship with a 

15% or more in income loss due to a 

divorce or death of co-signer.

Property Eligibility: • Must be located in Mississippi.

• Own and occupy the home as primary 

residence.

• Borrower must have owned the property prior

to the hardship.

• Unpaid principal balance of first and second

mortgage (if applicable) cannot be more than

$271,000.00

Important Facts: • MHC will pay up to 6 months mortgage

delinquency prior to hardship

• $50,000 maximum assistance or 24 months, 

whichever occurs first.

• Living in a distressed county will qualify 

for up to 6 additional months of mortgage

payments.

• One- time payment to bring a delinquent 

mortgage current (up to $50,000) for a 

homeowner who has returned to work or 

recovered from underemployment.

• Homeowner, who meets all program

guidelines, will not be required to repay

the loan unless the home is sold or

refinanced within the 5-year term.

• Hardship had to occur on or after 

January 1, 2008.

• Cannot be in active bankruptcy.

Visit mshomesaver.com for more info or to apply!

Questions or Need Help? Call 601-718-4647

MISSISSIPPI HOME CORPORATION / 735 Riverside Drive / Jackson, MS 39202 / 601.718.4636 / www.mshomecorp.com
Tate

Copiah

6 months

Forrest

Tishomingo

Log on to mshomesaver.com to apply and

be assigned a housing counselor! De Soto

Tunica

MMaarsrshhaallll

Benton Alcorn

Tippah Prentiss

Prentiss

Required Documents for ALL Applications

• Copy of most recent utility bill

Coahoma

Quitman

Panola Lafayette

Union

Pontotoc Lee

Itawamba

• Copy of Social Security Card

• Copy of Driver’s License Bolivar

Tallahatchie Yalobusha Calhoun

Grenada

Chickasaw Monroe

Clay

• IRS Tax Return transcripts

• Deed of Trust

• Copy of most recent Mortgage Statement

Sunflower Leflore

Carroll

Webster

Choctaw

Oktibbeha Lowndes

(If the name of the applicant with the hardship is not on the mortgage 

statement, you must provide ONE of the following additional documents

Washington Humphreys

Sharkey

Holmes Attala Winston Noxubee

which DOES INCLUDE the applicant’s signature)

• Note

• Deed of Trust

• Warranty Deed

• Quit Claim Deed

Warren

Yazoo

Hinds

Madison

Rankin

Leake Neshoba

Newton Scott

Smith Jasper

Kemper

Lauderdale

Clarke

Additional Documents Required for Underemployed,

Claiborne Simpson

Reinstatement, Self-Employed Applications

• Unemployment Benefits Statement

• Current Paystub

• Written Verification of Employment (VOE)

• Written Previous VOE

Adams

Wilkinson

Jefferson

Franklin

Amite

Lincoln

Pike Walthall

Covington Jones

Jefferson

Davis

Marion Lamar

Wayne

Perry Greene

• YTD Profit & Loss Statement

• Most recent 2 years complete federal tax return transcripts including 

all schedules

• Most recent W-2(s) and W-2(s) from the year the hardship occurred

Distressed Counties Pearl River

Hancock

Stone

Harrison

George

Jackson

HOME SAVER ASSISTANCE AT A GLANCE

Mortgage Payment Assistance Arrears YEAR 1

additional

REINSTATEMENT ONLY receives a 1-time payment

of mortgage delinquency to bring the mortgage current. 

Assistance cannot exceed $50,000.

QUALIFIED HOMEOWNER

receives a 1-time payment of mortgage delinquency to bring the 

mortgage current, plus up to 24 months of mortgage assistance. 

Assistance cannot exceed $50,000.

QUALIFIEDHOMEOWNER living in aDISTRESSEDCOUNTY

receives a 1-time payment of mortgage delinquency to bring the mortgage current, plus up to 30 months of mortgage assistance. Assistance 

cannot exceed $50,000.

1-time 

payment

1-time 

payment

1-time 

payment

monthly 

payment

monthly 

payment

*Up to $50,000

1-time 

payment

Revised May 9, 2016